Condos & Townhomes – Downtown Vancouver vs Outside Of It in November 2021

DOWNTOWN VANCOUVER HAD A HIGH AMOUNT OF CONDOS AND TOWNHOMES ADDED TO INVENTORY IN NOVEMBER, COMPARED TO OUTSIDE OF DOWNTOWN. 

Downtown Vancouver had 788 condos and townhomes added to inventory in November, Vancouver Westside had 675, Vancouver Eastside had 423, North Van had 220 and West Van had only 57. 

POPULAR PRICE BANDS FOR DOWNTOWN VANCOUVER CONDOS AND TOWNHOMES

1. Downtown Vancouver Homes Priced $600,000~$700,000 (97% sales ratio)
2. Downtown Vancouver Homes Priced $700,000~$800,000 (88% sales ratio)
3. Downtown Vancouver Homes Priced $400,000~$500,000 (87% sales ratio)
4. Downtown Vancouver Homes Priced $1m~$1.25m (53% sales ratio)

VANCOUVER EASTSIDE CONDOS AND TOWNHOUSES SOLD FASTER THAN VANCOUVER WESTSIDE’S IN NOVEMBER

Vancouver Westside’s condos and townhouse sales had an average sales ratio of 35%, with a total of 239 sales and 675 properties added to inventory. Vancouver Eastside’s condos and townhomes sold at 51%, with 215 sales and 423 added to inventory. Homes sold on average at 1% higher than listing price on the Eastside.  

POPULAR PRICE BANDS FOR VANCOUVER WESTSIDE CONDOS AND TOWNHOMES

1. Vancouver Westside Condos and Townhomes Priced $300,000~$400,000 (sales ratio 100%)
2. Vancouver Westside Condos and Townhomes Priced $400,000~$500,000  (sales ratio 83%)
3. Vancouver Westside Condos and Townhomes Priced $600,000~$700,000 (sales ratio 68%)
4. Vancouver Westside Condos and Townhomes Priced $500,000~$600,000 (sales ratio 65%)
5. Vancouver Westside Condos and Townhomes Priced $700,000~$800,000 (sales ratio 63%)

0-1 BEDROOM CONDOS AND TOWNHOMES CONSISTENTLY HIGHEST SALES RATIO 

• 0-1 bedroom condos and townhomes in Downtown had 62% sales ratio.
• 0-1 bedroom condos and townhomes in Vancouver Westside had a  47% sales ratio.
• 0-1 bedroom condos and townhomes in Vancouver Eastside had a 52% sales ratio.

WANT TO FIND OUT MORE?

To learn about which condos and townhomes sold inside and outside of downtown Vancouver in November and get a detailed report on listings,  please contact Ken Stef & Samantha now.