For May 2016, a total of 50 units of strata homes, i.e. condos and townhomes, were sold in UBC. This is an increase from the 45 units that sold in April, and an increase from the 32 units that sold in May 2015.
Of the 50 units that sold last month, 7 were 1-bedroom homes, 33 were 2-bedroom homes, and 10 units were 3-or-more bedroom homes, including townhomes/duplexes.
The average sale price for 1-bedroom strata home in the UBC Campus in May was $526,211, a 2-bedroom strata home had an average sale price of $793,966 while a 3-or-more bedroom strata home had an average sale price of $1,414,050.
The majority of the total units sold last month is from the UBC’s newest and largest neighbourhood, Wesbrook Village with 20 units, 4 units from Chancellor Place, 9 units from East Campus, 10 units from Hawthorn Place, and 7 units from Hampton Place.
I've lived in the UBC campus for over 10 years. I love this area and all it has to offer, and I enjoy sharing what I know about my home. As a REALTOR®, I also love to share my expertise in this area as well. If you are thinking of listing your UBC property, or for a FREE private consultation, please call me, Len Diaz, at 604-551-1323.
Sold units does not include single detached homes, pre-sale, under construction, and private (FSBO) sales. All figures are taken from MLS.