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SC Listings & Sales 2011-2013
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10-29-2013, 11:24 AM,
(This post was last modified: 10-30-2013, 03:57 AM by Skook.)
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RE: SC Listings & Sales 2011-2013
October 29, 2013 Update:
As the end of the month approaches, here is a look at SC sales up to and including October 23rd. In Post #21 above, I said it would be interesting to see how October fares compared to October 2012. Again, I have included the sales total for that month on the left below. The totals sales up to the 23rd stand at 41 which means another 23 sales are needed by the end of October to match last year’s number. There have been 30 single detached home sales up to the 23rd; however, 5 of those sales have been Mobile Home sales (MOP). The SC will need another 19 detached homes sales to match last year’s number of 44. Looking at the “Sold” prices so far for October, I wouldn’t be surprised to see the Benchmark price drop compared to last month which had risen slightly compared to August. A property in Egmont sold this past week which I have been keeping an eye on over the past two years since I knew the owner. This property made the Vancouver Price Drop September 30th list (image below). However, what the VPD data didn’t show was that this property had actually been originally listed back in early 2011 at $999,900. It was relisted in November 2011 at $899,000. It sold last week for $570,000 - a drop of 43% (-43%) from that original price. |
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