Good morning! Steve Karrasch for the Cloverdale Townhome Blog once again. It looks like Spring is upon us, you're going to find that out here in the market update. But Also, WOW! What a lovely day, it's Friday February 25th and here is your market update.
So here's what we've got for your market update, 161 Active listings that's up again from last week. But the good news is 15 Expiries in the last 30 days, that means not as much stuff is coming off of the market. But the very very good news is that we have 20 Sales in the last 30 days, up again. Last we was up, but this week was up even further and yes it's true the Spring market is finally coming upon us.
The average square footage of a town home that actually sold is 1573 square feet, in the last 30 days. That is going to put you at also an average sale price of about $339,000. Now when you take those numbers and put them in perspective that gives you about $221 per square foot of the average sale. Now the average listings is still somewhere up around $235 per square foot, so you can see the average is still a little high. That being said there was a low sale of a Cloverdale Townhome which was $171 per square foot and then you look at the other end of the spectrum and you get the high at $281 per square foot. So without advice from your local Realtor or us here at Chris Whitehead & Associates, you might not be able exactly find out what your home is worth just based on the square footage.
So, give us a shout! Steve Karrasch, Chris Whitehead & Associates at Macdonald Realty Olympic. Our Phone number is 604-590-2444 or if you like, always find us on the web at www.chriswhitehead.ca. Thanks!
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