{"id":230,"date":"2022-03-02T11:38:07","date_gmt":"2022-03-02T16:38:07","guid":{"rendered":"https:\/\/www.kenstef.com\/blog\/?p=230"},"modified":"2022-04-12T17:53:15","modified_gmt":"2022-04-12T21:53:15","slug":"condos-townhomes-downtown-vancouver-january-2022-real-estate-news","status":"publish","type":"post","link":"https:\/\/bcoceansideproperties.com\/blog\/condos-townhomes-downtown-vancouver-january-2022-real-estate-news\/","title":{"rendered":"Condos & Townhomes – Downtown Vancouver vs Rest of Van January 2022"},"content":{"rendered":"

Vancouver Eastside Condos & Townhomes Continue to Dominate Sales for January 2022<\/h3>\n

East Vancouver condos<\/a> and townhomes<\/a> continue to top the ranks in sales for all of Vancouver<\/a>. The market saw a 53% sales ratio with 316 added to inventory and 167 sold to start out the new year. East Vancouver condos and townhomes in the\u00a0 $700k – $800k price range<\/a> hit the sweet spot for the month with a 108% sales ratio (26 sold, 24 newly added).<\/p>\n

East Vancouver continued to show its outstanding results with 5 neighbourhoods selling at over 100% sales ratio.<\/p>\n

    \n
  1. Hastings, East Vancouver\u00a0 tallied a spectacular 200% sales ratio<\/a> (18 sales, 9 new listings)<\/li>\n
  2. Knight<\/a>, East Vancouver <\/a>\u00a0came up just under with a 175% sales ratio<\/a>(7 sold, 4 new listings)<\/li>\n
  3. Champlain Heights and Strathcona, <\/a>, East Vancouver<\/a> performed at a 167% and 160% sales ratio respectively (13 sales, 6 new listings combined)<\/li>\n<\/ol>\n

    Although these sales ratios are undeniably impressive, only Hastings saw sales in the double-digits for the month (18 sales). Other areas also had a successful month, including condo<\/a> and townhome sales in Collingwood, Downtown, and Mount Pleasant<\/a> which collectively recorded 81 sales with 152 new listings, generating a 54% sales ratio.<\/p>\n

    Downtown and Vancouver Westside Saw a Similar Month in Condo and Townhome Sales<\/h4>\n

    Condos and townhomes in Downtown Vancouver and the Westside had a very comparable month when it came to sales. The two areas had 190 and 183 sales respectively. The only difference in the two being that the Westside had a slightly higher sales ratio compared to Downtown at 34% and 30% respectively. This was because of fewer new listings in the Westside at 542 compared to 631 new listings downtown.<\/p>\n

    Here were the best performing neighbourhoods in the Westside this month:<\/p>\n

      \n
    1. Kitsilano condos<\/a> & townhomes<\/a> dominated with a 74% sales ratio (26 sales, 35 new listings)<\/li>\n
    2. Fairview and False Creek condos<\/a> & townhomes<\/a> generated a 50% sales ratio (54 sales, 108 new listings)<\/li>\n<\/ol>\n

      Here were the best performing neighbourhoods Downtown this month<\/p>\n

        \n
      1. Yaletown produced 60 sales to generate a 39% sales ratio<\/a><\/li>\n
      2. Downtown and Westend followed with 113 sales and 30% sales ratio<\/a><\/li>\n<\/ol>\n

        To See A More Detailed Report Comparing Condo\/Townhome Sales in Downtown VS Other Regions in Vancouver<\/h4>\n

        Contact Ken & Samantha<\/a> for a more detailed report on condo & townhomes movement in the first month of 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"

        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.<\/p>\n","protected":false},"author":2,"featured_media":231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,6,8,7],"tags":[11,3,12,10,63],"yoast_head":"\nVancouver Condos and Townhomes Real Estate Report January 2022<\/title>\n<meta name=\"description\" content=\"East Vancouver condos and townhomes saw an outstanding 53% sales ratio with 316 new listings and 167 sold to start out the new year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bcoceansideproperties.com\/blog\/condos-townhomes-downtown-vancouver-january-2022-real-estate-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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