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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.
Condos & Townhome sales were very strong in Cambie Corridor, led by Fairview, along Cambie Corridor. Single Family home saw mild movement with the exception of South Cambie.
Discover which neighbourhoods had high house sales, while which other ones saw condos/townhomes move faster. The market was dynamic in 2021 in Vancouver.
East Vancouver had the hottest market for attached homes (condos, penthouses, lofts & townhomes) in all of Vancouver in December 2021, beating Downtown & Westside's activities.
Three neighbourhoods combined for more than a third of sales across Vancouver Westside's single family houses. The sales ratio was slightly higher than last month despite lower net sales.
