{"id":248,"date":"2022-03-04T11:19:32","date_gmt":"2022-03-04T16:19:32","guid":{"rendered":"https:\/\/www.kenstef.com\/blog\/?p=248"},"modified":"2022-04-12T17:27:33","modified_gmt":"2022-04-12T21:27:33","slug":"the-cambie-corridor-sw-marine-to-olympic-village-false-creek-real-estate-movement-january-2022","status":"publish","type":"post","link":"https:\/\/bcoceansideproperties.com\/blog\/the-cambie-corridor-sw-marine-to-olympic-village-false-creek-real-estate-movement-january-2022\/","title":{"rendered":"The Cambie Corridor (SW Marine to Olympic Village\/False Creek) Real Estate Movement January 2022"},"content":{"rendered":"<p>Note on this article: these areas cover False Creek, parts of Fairview, Oakridge, Cambie, South Cambie, Marpole. False Creek basically includes Olympic Village, which is a relatively new neighbourhood.<\/p>\n<h3>Attached Homes Movement in Cambie Corridor (Vancouver West)<\/h3>\n<h4>Cambie Corridor Sees A lot of Action for Condos and Townhome Listings and Sales.<\/h4>\n<p><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Cambie;Fairview+VW;False+Creek;Marpole;Oakridge+VW;S.W.+Marine;South+Cambie\/type-Condo\/order_by-price\/order_direction-DESC\/page-1\">The Cambie corridor of Cambie, False Creek, Fairview, Marpole, Oakridge, SW Marine and South Cambie condos<\/a> and <a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Cambie;Fairview+VW;False+Creek;Marpole;Oakridge+VW;S.W.+Marine;South+Cambie\/type-Townhome\/order_by-price\/order_direction-DESC\/page-1\">townhomes<\/a> accounted for just over 50% of total new listings and sales in Vancouver West. This market showed to be very fast paced with 4 of the neighbourhoods registering sales ratios above 40%.<\/p>\n<p>The top performer was Fairview with 39 new listings and 23 sales for a 59% sales ratio. <a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-False+Creek;Marpole;S.W.+Marine\/type-Condo\/order_by-price\/order_direction-DESC\/page-1\">False Creek, Marpole and SW Marine condos<\/a> and <a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-False+Creek;Marpole;S.W.+Marine\/type-Townhome\/min_price-1750000\/max_price-3500000\/order_by-price\/order_direction-DESC\/page-1\">townhomes<\/a> saw a similar market with sales ratios in the 45%-46% range. Collectively, these three neighbourhoods had 136 new listings and 62 sales (45.5% sales ratio).<\/p>\n<h6>Cambie and False Creek Introduced A Lot of Inventory This Month:<\/h6>\n<ul>\n<li aria-level=\"1\"><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Cambie\/type-Condo\/order_by-price\/order_direction-DESC\/page-1\">Cambie condos<\/a> &amp; <a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Cambie\/type-Townhome\/order_by-price\/order_direction-DESC\/page-1\">townhomes<\/a> added 102 new listings with 21 sales (21% sales ratio)<\/li>\n<li aria-level=\"1\"><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-False+Creek\/type-Condo\/order_by-price\/order_direction-DESC\/page-1\">False Creek condos<\/a> &amp; <a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-False+Creek\/type-Townhome\/min_price-1750000\/max_price-3500000\/order_by-price\/order_direction-DESC\/page-1\">townhomes<\/a> added 69 new listings with 31 sales (45% sales ratio)<\/li>\n<\/ul>\n<h4>Most Attractive Price Band For January Condos and Townhomes in Cambie Corridor<\/h4>\n<p>The $600K-$700k price band hit the sweet spot for Vancouver Westside condo &amp; townhome listings this month with a 93% sales ratio. This price band had an impressive 28 listings and 26 sales. The larger bracket of Vancouver Westside condos &amp; townhomes from $300K-$900K saw a lot of success this month with a collective 57% sales ratio. This price bracket accounted for 142 total new listings and 81 sales.<\/p>\n<h3>Detached Homes Movement in Cambie Corridor\u00a0 (Vancouver West)<\/h3>\n<h4>Not as Much action for Houses in Cambie Corridor Market<\/h4>\n<p><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Cambie;Fairview+VW;False+Creek;Marpole;Oakridge+VW;South+Cambie\/type-House\/order_by-price\/order_direction-DESC\/page-1\">The cambie corridor brought in 140 new listings<\/a> to start out the new year. Of these new home listings, only two neighbourhoods saw a sales ratio above 10%. <a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Marpole\/type-House\/order_by-price\/order_direction-DESC\/page-1\">Marpole houses in Vancouver West<\/a> had the highest sales ratio for the month at 22% with 37 new listings and 8 sales. The second highest neighbourhood was <a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Cambie\/type-House\/order_by-price\/order_direction-DESC\/page-1\">homes in\u00a0 Cambie, Vancouver West<\/a> with a 12% sales ratio which had 58 new listings and 7 sales.<\/p>\n<h6>Many Homes still available in Oakridge and SW Marine, Vancouver Westside<\/h6>\n<p>Only two other neighbourhoods of the 7 total in the Cambie corridor had any sales. This was Oakridge and SW Marine who had a 6% and 4% sales ratio respectively. Collectively, the two neighbourhoods accounted for 41 new listings and only two sales. <a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Oakridge+VW;S.W.+Marine\/type-House\/order_by-price\/order_direction-DESC\/page-1\">Click here to view the collection of homes still available in Oakridge and SW Marine<\/a>.<\/p>\n<h4>Most Attractive Price Band For January Single Family Homes, Cambie Corridor<\/h4>\n<p>The price band that saw the most action for the month was <a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/type-House\/min_price-2500000\/max_price-2750000\/order_by-price\/order_direction-DESC\/page-1\">Vancouver West homes at $2.5M &#8211; $2.75M<\/a>. These homes had 11 new listings and 11 sales, for a 100% sales ratio. The larger bracket of <a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/type-House\/min_price-1750000\/max_price-3500000\/order_by-price\/order_direction-DESC\/page-1\">$1.75M &#8211; $3.5M homes in Vancouver Westside<\/a> attracted most of the total sales with 97 new listings and 37 sales for a total sales ratio of 38%.<\/p>\n<ul>\n<li aria-level=\"1\"><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Cambie;Fairview+VW;False+Creek;Marpole;Oakridge+VW;South+Cambie\/type-House\/min_price-2500000\/max_price-2750000\/order_by-price\/order_direction-DESC\/page-1\">Click here to view homes in Cambie Corridor at $2.5M &#8211; $2.75M<\/a><\/li>\n<li aria-level=\"1\"><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Cambie;Fairview+VW;False+Creek;Marpole;Oakridge+VW;South+Cambie\/type-House\/min_price-1750000\/max_price-3500000\/order_by-price\/order_direction-DESC\/page-1\">Click here to view homes in Cambie Corridor at $1.75M &#8211; $3.5M<\/a><\/li>\n<\/ul>\n<h4>Want More Details on Real Estate Movement Along The Cambie Corridor?<\/h4>\n<p><a href=\"https:\/\/www.kenstef.com\/contact\">Talk to Ken &amp; Samantha to learn more about the details of what moved along the Cambie Corridor recently.<\/a> With many new developments on the horizon such as <a href=\"https:\/\/westbankcorp.com\/news\/castiglia-x-oakridge-sold-out\">Oakridge by Westbank<\/a>, this transit-friendly region is definitely worth keeping an eye on.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Cambie Corridor accounted for over 50% of total new listings and sales in Vancouver West. Check out real estate movement for the area!<\/p>\n","protected":false},"author":2,"featured_media":251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,8,7],"tags":[22,66,11,21,49,89,3,80,12,10],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Vancouver West, Cambie Corridore Real Estate Movement January 2022<\/title>\n<meta name=\"description\" content=\"The Cambie Corridor accounted for over 50% of total new listings and sales in Vancouver West. 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