April Market Overview
East Vancouver Detached Homes
Best Selling Home prices
Most of Vancouver Eastside listings fell in the mid-range of Vancouver home prices. $1.75M – $2M homes in East Vancouver brought in the most new inventory this month with 108 new listings and 25 sales (23% sales ratio). Here are the fastest selling Eastside price bands this month:
- $1.25M – $1.5M homes in East Vancouver had 8 new listings and 4 sales (50% sales ratio)
- $2M – $2.25M homes in East Vancouver had 51 new listings and 24 sales (47% sales ratio)
Fastest and Slowest Selling East Vancouver Neighbourhoods
Homes in the lower area of South Vancouver, Killarney and Champlain Heights all sold very well this month with a 47% sales ratio from 68 total new listings and 32 sales. Homes in Fraser and Knight, East Vancouver also sold very well, bringing in a 37% sales ratio from 56 new listings and 21 sales.
Collingwood Detached Homes had a ton of new listings for the month with 90 new additions, however, this neighbourhood produced the lowest sales ratio at 8% with only 7 sales.
Vancouver West detached Homes
Best Selling Home Prices
Vancouver Westside saw a larger distribution of luxury listings compared to the Eastside. The majority of Vancouver Westside listings this month were homes priced above $4.5M. These homes accounted for 372 of 658 new listings. Homes priced $7.5M and above brought in a lot of new inventory with 134 new listings and 10 sales. Here were the most active price bands in the Westside this month:
- $2M – $2.5M Vancouver West homes sold at 42% sales ratio (14 new listings, 6 sales)
- $2.75M – $3.5M Vancouver West homes sold at 29% (98 new listings, 28 sales)
Fastest and Slowest Selling neighbourhoods
Kitsilano and Arbutus homes sold very well this month at 28% sales ratio (69 new listings, 19 sales). Along the Canada Line Skytrain, Cambie and Mount Pleasant homes also sold well at 27% sales ratio (49 new listings, 13 sales)
In the inner-area of the Westside, Quilchena, Shaughnessy, and South Granville all sold the slowest this month. These neighbourhoods collectively brought in 165 new listings and only 8 sales, producing a 5% sales ratio.
Get more Insight on Which Houses Sold (and did not) in Vancouver Westside Last Month
Contact Ken & Samantha for a more detailed report on Vancouver Eastside and Westside’s detached houses movement in April 2022. We’d love to explore great opportunities with you.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef for your convenience.