Cloverdale Town Home Feb 11, 2011

Hey everybody, Steve Karrasch here for the Cloverdale Townhome Blog here once again. Sorry I am getting to you a little bit late today. We were at the Fraser Valley Real Estate Board Trade Show and Conference for the last few days. We got to do the trade show, do all the booths on Wednesday.  Yesterday we had a bunch of great speakers talking about technology and that sort of thing. And today, amazing! Charmaine Crooks five time Olympian and also John Furlong.  So that's why I am in the Olympic gear as you see, that is why I've got my mittens here, we were out to support them and it was an absolutely awesome time. The big deal is tomorrow, Saturday, is the one year anniversary of the start of the 2010 Olympics.  It was awesome, a fun time was had by all as I am sure you will all remember.

So here is what is happening, we have 143 active listings. As a little change here on the blog, I am going to start going back 30 days.  I find that the sales are not coming in fast enough to give you an accurate representation of what is happening, so I am going to give you the one month or 30 day window and let you know exactly what is happening as far as expiries and solds go. So we have in the last 30 days, 13 expiries, so roughly 1 out of ever 10 or so expiring. And also 12 sold, so again that's also around that 10% maybe 9% range. Which again is very common this time of year, but again starting to see the sale s come up. We just sold our listing over and Nuovo. All that stuff is starting to move like crazy so that's great.  According to my cheat sheet here, the average square footage of units sold is 1522.  That being said the average price of units sold was $231, sorry, $230.21 per square foot. The best thing you might want to do, take that number, add it into your town home see if it lines up. It might give you sort of a good idea of where you are headed with your place. So if you have any questions as normal, I'm Steve Karrasch.  I work with Chris Whitehead & Associates at Macdonald Realty Olympic.  Give us a shout here at the office 604-590-2444 or always find us on the web at www.chriswhitehead.ca.  Good! Talk to you next week