Vancouver Condo Real Estate Video Blog #701 - January 16, 2012
Yaletown Vancouver 2011 Real Estate Year in Review
Ian Watt video blogs about Yaletown 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 for 2011 for Yaletown this week. And in Yaletown there is seven hundred and eighty two listings sold last year the most expensive one would that 1199 Marinaside one of the penthouses there sold for $7.5 million dollars for just over 5000 square feet and it blows me away. I know it’s been listed before but it only sold in 16 days. Awesome work for that realtor. The cheapest one was at 1188 Richard street right on the corner of Richardson and Davie right where the park is and that was a 420 square foot studio that sold for $275,000 dollars. The average though obviously there is a quite big range between those two properties but the average price for square foot in Yaletown in 2011 sold for $751 dollars per square foot. That is a good number to show for what’s going on in Yaletown. Really strong that’s what I think. This year I don’t think there will be too much changes so if you’re in Yaletown good for you. My name is Ian Watt and if you have any questions you could always email me at ianwatt@ianwatt.ca. Thank you very much and have a great day!