{"id":96,"date":"2021-11-24T20:00:54","date_gmt":"2021-11-25T01:00:54","guid":{"rendered":"https:\/\/www.kenstef.com\/blog\/?p=96"},"modified":"2021-12-04T23:05:46","modified_gmt":"2021-12-05T04:05:46","slug":"the-cambie-corridor-sw-marine-to-olympic-village-false-creek-real-estate-movement-in-october-2021","status":"publish","type":"post","link":"https:\/\/bcoceansideproperties.com\/blog\/the-cambie-corridor-sw-marine-to-olympic-village-false-creek-real-estate-movement-in-october-2021\/","title":{"rendered":"The Cambie Corridor (SW Marine to Olympic Village\/False Creek) Real Estate Movement in October 2021"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Cambie;Fairview+VW;False+Creek;Marpole;Oakridge+VW;Olympic+Village;South+Cambie\/page-1\"><span style=\"font-weight: 400;\">Cambie Corridor<\/span><\/a><span style=\"font-weight: 400;\">, in case you didn\u2019t know, refers to the neighbourhoods that run along the Canada Line Skytrain which runs from YVR to Downtown Vancouver &#8211; <\/span><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Cambie;Fairview+VW;False+Creek;Marpole;Oakridge+VW;Olympic+Village;South+Cambie\/page-1\"><span style=\"font-weight: 400;\">Marpole, South Cambie, Oakridge, Cambie, Fairview, False Creek &amp; Olympic Village<\/span><\/a><span style=\"font-weight: 400;\"> (from South to North).<\/span><\/p>\n<h4><strong>How Fast Did Houses Move Along Cambie Corridor?<\/strong><\/h4>\n<p><a href=\"https:\/\/www.bcoceansideproperties.com\/blog\/condos-and-townhomes-in-downtown-vancouver-vs-outside-of-it-in-october-2021\/\"><span style=\"font-weight: 400;\">Detached house sales in Vancouver were slower than that of condos &amp; townhomes<\/span><\/a><span style=\"font-weight: 400;\"> in October 2021. As far as detached houses go, <\/span><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Marpole;South+Cambie\/type-House\/page-1\"><span style=\"font-weight: 400;\">Marpole<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">South Cambie<\/span><\/a><span style=\"font-weight: 400;\"> showed higher movement while <\/span><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Fairview+VW;False+Creek;Olympic+Village\/type-House\/page-1\"><span style=\"font-weight: 400;\">False Creek<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Fairview<\/span><span style=\"font-weight: 400;\"> &amp; <\/span><span style=\"font-weight: 400;\">Olympic Village<\/span><\/a><span style=\"font-weight: 400;\"> had none. Keep in mind that <\/span><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Fairview+VW;False+Creek;Olympic+Village\/type-Townhome\/page-1\"><span style=\"font-weight: 400;\">Fairview<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">False Creek<\/span><span style=\"font-weight: 400;\"> &amp; <\/span><span style=\"font-weight: 400;\">Olympic Village<\/span><\/a><span style=\"font-weight: 400;\"> are almost all condos\/townhomes in its constitution and barely have any houses built, let alone on the market.<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-South+Cambie\/type-House\/page-1\"><span style=\"font-weight: 400;\">South Cambie <\/span><\/a><span style=\"font-weight: 400;\">had a 25% sales ratio but with just 3 selling while adding 12 new listings.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Marpole\/type-House\/page-1\"><span style=\"font-weight: 400;\">Marpole<\/span><\/a><span style=\"font-weight: 400;\"> saw a sales ratio of 15% with 6 sales and 41 new listings.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Oakridge+VW\/type-House\/page-1\"><span style=\"font-weight: 400;\">Oakridge<\/span><\/a><span style=\"font-weight: 400;\"> trailed at 11% with only 2 sales and 19 new listings.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Cambie\/type-House\/page-1\"><span style=\"font-weight: 400;\">Cambie<\/span><\/a><span style=\"font-weight: 400;\"> had 10% sales ratio with 6 sales and a whopping 62 new listings.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-False+Creek\/type-House\/page-1\"><span style=\"font-weight: 400;\">False Creek<\/span><\/a><span style=\"font-weight: 400;\"> had 1 new house listed with no sales at all.\u00a0<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">The Southern half of the <\/span><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Marpole;Oakridge+VW;South+Cambie\/type-House\/page-1\"><span style=\"font-weight: 400;\">Cambie Corridor (Marpole, South Cambie &amp; Oakridge in Vancouver)<\/span><\/a><span style=\"font-weight: 400;\"> had a combined 72 new homes listed in this period while <\/span><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Cambie\/type-House\/page-1\"><span style=\"font-weight: 400;\">Cambie<\/span><\/a><span style=\"font-weight: 400;\"> alone (near Queen Elizabeth Park) saw 62 new homes listed in the same period.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As of the time of writing, there are <\/span><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Oakridge+VW\/type-House\/order_by-price\/order_direction-DESC\/page-1\"><span style=\"font-weight: 400;\">less than 20 houses listed in Oakridge (Vancouver) and 12 of them are $5 million or higher<\/span><\/a><span style=\"font-weight: 400;\">. Many houses along this corridor are being snapped up to be re-developed into multi-residential units, hence the relatively high prices. <\/span><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-South+Cambie\/type-House\/order_by-price\/order_direction-DESC\/page-1\"><span style=\"font-weight: 400;\">South Cambie (Vancouver) shows a similar spectrum with less than 15 houses listed<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><a href=\"https:\/\/www.kenstef.com\/listings\/city-Vancouver+West\/area-Marpole\/type-House\/order_by-price\/order_direction-DESC\/page-1\"><span style=\"font-weight: 400;\">Marpole however shows 40 homes for sale with 8 of them asking $5 million and up<\/span><\/a><span style=\"font-weight: 400;\">. Some of the listings currently listed as a \u201cHouse\u201d are already rezoned for multi-residential developments.\u00a0<\/span><\/p>\n<h4><strong>Considering A Real Estate Move Along Cambie Corridor?<\/strong><\/h4>\n<p><a href=\"https:\/\/www.kenstef.com\/contact\"><span style=\"font-weight: 400;\">Contact Ken &amp; Samantha now to get a detailed report of which houses moved<\/span><\/a><span style=\"font-weight: 400;\">, where they were located, and what the final sale price was.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Cambie Corridor, in case you didn\u2019t know, refers to the neighbourhoods that run along the Canada Line Skytrain which runs from YVR to Downtown Vancouver &hellip;<\/p>\n","protected":false},"author":2,"featured_media":100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,7],"tags":[22,14,47,11,46,21,31,49,48,19,12,10,40],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Cambie Corridor (SW Marine to Olympic Village\/False Creek) Real Estate Movement in October 2021<\/title>\n<meta name=\"description\" content=\"Houses in Vancouver Westside are selling fast as of October 2021 to be re-developed. 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