Downtown Condos and Townhomes See very Similar Market as Last Month
Condo and townhome sales in Downtown Vancouver had a great month, selling at a 42% sales ratio. This carried out the same level of activity from the previous month with February selling at a 42% sales ratio as well.
Mid-Range Price Bands Sell Fast With High Inventory and Sales
Homes selling between $500K – $1.25M had an extremely successful month, all selling at over 50% sales ratios with high quantities. Here is the breakdown of the individual price bands:
- $500K-$700K condos and townhomes in Downtown Vancouver sold at 72% sales ratio (116 listings, 83 sales)
- $700k – $800k condos and townhomes in Downtown Vancouver sold at 94% sales ratio (51 listings, 48 sales)
- $900k – $1.25M condos and townhomes in Downtown Vancouver sold at 61% (122 listings, 74 sales).
Fastest Selling Neighbourhoods in Downtown Vancouver
Out of Downtown, Westend, Coal Harbour and Yaletown, Condos & townhomes in Downtown sold the fastest at a 51% sales ratio (270 listings, 138 sales). Yaletown condos & townhomes sold the second fastest at 43% (205 listings, 89 sales). Coal Harbour and Westend condos & townhomes sold slightly slower at a 33% sales ratio (276 listings, 90 sales).
Get A More Detailed Report Separating Condos & Townhomes Sales Stats in Vancouver West
To obtain a more detailed report of Downtown real estate sales that further separates condos & townhomes, please contact the Filer & Welch team.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Baxter Welch for your convenience.
