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SC Listings & Sales 2011-2013
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12-21-2013, 07:48 AM,
(This post was last modified: 12-21-2013, 07:50 AM by Skook.)
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RE: SC Listings & Sales 2011-2013
December 21, 2013 Sales Update:
Sales up to and including Dec 19th, have now exceeded December 2012’s pathetic numbers (see totals in post above). Total SDH sales = 17. This includes 1 MOP and 1 Mill$+ sale. Total Attached sales = 7 Total sales (all types) = 25. This represents an increase, so far, of +56.3% over the December 2012 total of 16. It is amazing how high percentages jump when you are dealing with very small numbers...LOL. These sales have all but one involved drops from the original asking price of anywhere from $10,000 to $50,000. One significant sale this past week involved the 173 acre DL7255 Mount Richardson Rd in East Porpoise Bay, Sechelt. It was listed for $4,950,000 and sold for $4,200,000 (-15.2%). Only time will tell if this is land speculation or the buyer has development plans - maybe another hotel project? It is definitely be one to watch. By the way, the neighbouring 396acre Silverback lands which are under a ‘court ordered sale’ are still on the market - price not disclosed. |
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