Quote:
Originally Posted by G
I would say it slowed a bit. Not that many 2 bedroom apartments are being listed, and the ones that are listed are sitting.
1 Bedrooms (which is what mine is) is still pretty hot, but in my development (Wall Centre Central Park) the third tower completed and an influx of listings came up... I think at one point 40-45 listings were active between the whole development. This last weekend I walked by the third tower that finished and there were at least 10 signs outside the main entrance and just a huddle of people. I guess some people are desperate and dropped the price which caused the overall average price per sq.ft. to drop a bit. At the high point during last summer/fall it was hovering around $1200 per sq.ft. but now the high point is around $1050 with average being closer to the $975-$1000 mark. Not bad, but still... .png "Y U NO...?") |
We listed our 2 bdrm apartment last month. It sold in 6 or 7 days.
$71,000 over asking.
Fraser/Kensington Area. Wood frame 2011 build.
888/sqft.