Grandview MLS Real Estate Statistics - May 2009
May 2009 was a very strong month in the Vancouver real estate market. In my regular series of updates, we now turn our attention to the Vancouver neighborhood of Grandview (Commercial Drive) where the trend played out. However, the Grandview market has not been as strong as many communities in Vancouver.
Grandview Homes for Sale (Grandview Condos only) – 56
May 2009 saw Active Listings in Grandview fall to 56 (from 64 in April). This is on par with the number of Active Listings in May of 2008 but still well above the low of 41 reached in January 2009.
Grandview Homes Sold (Grandview Condos only) – 24
From a low of just 3 Sales in March 2009 Sales skyrocketed to 24 units sold in May 2009. This number of Sales hasn’t been seen in Grandview since April 2008 (23 sales).
The Average Sale Price of Grandview condos fell to $373,000 (from $435,000). The Average Per Square Foot Price was $379, down from $400. The Cumulative Days on Market of the homes that sold was 68, up from 60 the previous month.
Grandview Home Sale Prices (Grandview Condos only)
There was 1 sale below $200,000, 11 sales between $200,000 and $300,000, 6 sales $300,000 and $400,000, 1 sale between $400,000 and $500,000, 2 sales between $500,000 and $600,000, 2 sales between $600,000 and $700,000 and 1 sale between $700,000 and $800,000.
The least expensive listing sold for $162,500 which was a 666 sq ft 34 year old studio. The most expensive sale sold for $790,000 for a 2 year old 2 bed, 3 bath that is 1616 sq ft.
Please Donate
On June 22nd, 2009 I will be attempting to break the record for the most ascents of the Grouse Grind for charity. The Royal LePage Shelter Foundation is an incredible organization which is there to help women and children suffering from domestic abuse. Of every dollar donated, 100% goes directly to those in need (Royal LePage covers all administrative costs of the charity).
Donate to the Royal LePage Shelter Foundation
Looking for More Information on Vancouver Real Estate?
You can find every home for sale in Grandview Vancouver (Commercial Drive) right here. Before making any decisions, you might want to learn more about the Vancouver real estate market generally.
Should you be thinking of buying or selling, or just have questions, contact me here or send me a quick email.
Copyright © 2009 Grandview / Commercial Drive Real Estate in the Vancouver Realtor Blog by Sebastian Albrecht, Vancouver Real Estate with Royal LePage Vancouver ”Grandview Vancouver Real Estate MLS Statistics and Chart for May 2009”
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