Good Morning, Steve Karrasch here for your Cloverdale Townhome blog. It is Friday, May 27. Here is your Market Update.
Market Update: Currently on the market we have 178 Active Cloverdale Townhomes. In the last 30 days we've had 13 townhomes expire and also in that same last 30 days, 19 sales. That's a good thing, we're over that 10% consumption.
List to Sale Percentage: For a little bit of perspective, I want to run some numbers by you. I want to look at sale to list price. The average for the board last year was 96.68% of the list price is what the average home across the whole board sold for. When we look at the past 30 days in Cloverdale Townhomes, we'll see that there was one person who managed to squeek out 96% and there was one person who actually had to pay up to a 103% but the average is 98%. Something to keep in mind, it's not exactly a "wheel and deal" market, you want to get in there with a strong offer, 98% is the average.
Stanley Cup Finals: Here is where I normally get into the Community Events but let's be honest for a second, the Vancouver Canucks made it for the 3rd time in history for the Stanley Cup final. Nobody is going to be doing anything in the community for the next little bit so have fun out there watching your Vancouver Canucks tied to your set or the local watering hole or if you're lucky enough to be able to afford it go to the actual game.
One thing that doesnt stop in the next 2 weeks is Real Estate so if you have any questions regarding Cloverdale Townhomes or Real Estate in general , please give us a shout. I'm Steve Karrasch, I work with Chris Whitehead and Associates with Macdonald Realty-Olympic 604-590-2444 and remember if you're looking for info on Cloverdale Townhomes please go to http://www.cloverdaletownhomes.info/ Catch you next week!