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Ian Watt Personal Real Estate Corporation - Sotheby's International Realty Canada

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Gastown Vancouver 2011 Real Estate Year in Review

Vancouver Condo Real Estate Video Blog #702 - January 23, 2012

 

Gastown Vancouver 2011 Real Estate Year in Review

 

Ian Watt video blogs about Gastown Real Estate and the most expensive condos sold, the cheapest condos sold, the average price per square foot sold, and how many days on the market for the average unit sold in 2011. If you want to voice your opinion or if you don't care for Ian's comments please email your feedback to ianwatt@ianwatt.ca and visit http://www.ianwatt.ca/RealEstateVideos for all the Ian Watt Real Estate Video Blogs. Please note that opinions, real estate practices, prices and data always changes over time, so please keep in mind the date when this video was published as the information could have become irrelevant over the past days, months and years. Copyright iWatt Media © All Rights Reserved 2011 http://www.iwatt.ca/ .

   


Ian Watt: Hi good afternoon it’s Ian Watt in Downtown Vancouver. Doing the year in review this time I’m doing it for Gastown and I happen to be in Gastown right now. But as far as the mls is concern it is Downtown Vancouver East as what they call it and there were only 41 sales last year in Gastown. Now the most expensive one sold for $980,000 dollars which is 1600 square foot penthouse at 28 Powell pre-cool deal and that was only $675 per square foot. The cheapest one was at 22 East Cordova 390 square feet with no with no parking and that one sold for $190,000 dollars the average price sold per square foot was $544 dollars per square foot that’s why I keep on telling everyone Gastown is the place to be. This is where your money gonna grow. You just gonna wait make sure all the junkies kinda get clean up a little bit. It is changing so fast down here. I bought in this area as well just because of how much it changing, $544 dollars per square foot is pretty good. My name is Ian Watt if you have nay questions about Gastown. You can always email me at ianwatt@ianwatt.ca. Thank you very much and have a great day!