Olympic Village & Mount Pleasant Real Estate Report in January 2022
Condos and Townhomes in Fairview and Mount Pleasant saw an abundance of action in the market, performing well above the city average in sales.
Condos and Townhomes in Fairview and Mount Pleasant saw an abundance of action in the market, performing well above the city average in sales.
Homes in Vancouver Westside in the $1.75M - $3.5M price range attracted most of the total sales with 97 new listings and 37 sales for a total sales ratio of 38%.
These three Vancouver West neighbourhoods, Arbutus, Quilchena & Kerrisdale all performed above the city average in the Westside.
The Cambie Corridor accounted for over 50% of total new listings and sales in Vancouver West. Check out real estate movement for the area!
Kitsilano claimed the spot for the highest sales ratio at an impressive 38%. Kits saw 24 new listings and 5 sales for the month. To follow, Southlands had the second highest sales ratio at 18% with 22 new listings and 4 sales.
Vancouver Westside saw a lower sales ratio of 13% in January compared to the previous month. Although this number isn’t as persuasive as the other areas, it is mainly due to a large influx of new inventory above $3.5M with little sales.
East Vancouver condos and townhomes continue to top the ranks in sales for all of Vancouver. The market saw a 53% sales ratio with 316 added to inventory and 167 sold to start out the new year.
Olympic Village sales stats are more complex to dissect as it includes two neighbourhoods - one from Vancouver Westside, and another from East Vancouver. Read our detailed breakdown.
Explore the sales ratio differences between single family homes and condos/townhomes in these core Vancouver West neighbourhoods.
Sales ratios in these three areas saw varied results across single family homes and attached homes in December 2021.