{"id":1103,"date":"2022-09-08T13:55:19","date_gmt":"2022-09-08T17:55:19","guid":{"rendered":"https:\/\/www.filerwelch.com\/blog\/?p=1103"},"modified":"2022-10-13T18:36:26","modified_gmt":"2022-10-13T22:36:26","slug":"august-2022-vancouver-condos-townhomes-available-listings-luxury","status":"publish","type":"post","link":"https:\/\/www.filerwelch.com\/blog\/august-2022-vancouver-condos-townhomes-available-listings-luxury\/","title":{"rendered":"Condos &#038; Townhomes in Vancouver &#8211; August 2022"},"content":{"rendered":"<h3>Not Much Change in the Urban Core of Vancouver<\/h3>\n<p><span style=\"font-weight: 400;\">The most sales activity in downtown Vancouver were for <\/span><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/area-Coal+Harbour;Downtown+VW;West+End+VW;Yaletown\/type-Condo\/min_price-300000\/max_price-900000\/page-1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">condos and townhomes priced between $300,000 to $900,000<\/span><\/a><span style=\"font-weight: 400;\">. Across downtown Vancouver\u2019s neighbourhoods, inventory of condos and townhomes has decreased month-to-month. However, of the last month\u2019s sales <\/span><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/area-Downtown+VW\/type-Condo\/page-1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Downtown condos<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/area-Downtown+VW\/type-Townhome\/page-1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">townhomes<\/span><\/a><span style=\"font-weight: 400;\"> accounted for 40% of total attached home sales for the City of Vancouver.\u00a0<\/span><\/p>\n<p>For a more localized look at sales performance Yaletown and West End both saw an increase in total sales month-to-month, while Downtown itself decreased. Coal Harbour stayed the same at a total of 12 sales. This is &#8211; inexplicably &#8211; the <em>fourth straight month<\/em> of Coal Harbour reporting 12 sales.<\/p>\n<ul>\n<li>So why not take a look at <a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/area-Coal+Harbour\/type-Condo\/page-1\" target=\"_blank\" rel=\"noopener\">available condos situated near beautiful Vancouver waterfront<\/a> and <a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/area-Coal+Harbour\/type-Townhome\/page-1\">townhome listings in Coal Harbour<\/a>.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1104\" src=\"https:\/\/www.filerwelch.com\/blog\/wp-content\/uploads\/2022\/09\/2022_AUG_FW_DTVan.jpg\" alt=\"Infographic displaying market data for Downtown Vancouver.\" width=\"750\" height=\"500\" srcset=\"https:\/\/www.filerwelch.com\/blog\/wp-content\/uploads\/2022\/09\/2022_AUG_FW_DTVan.jpg 750w, https:\/\/www.filerwelch.com\/blog\/wp-content\/uploads\/2022\/09\/2022_AUG_FW_DTVan-300x200.jpg 300w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/p>\n<h3>Vancouver West<\/h3>\n<p><span style=\"font-weight: 400;\">In the <\/span><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/area-Arbutus;Cambie;Dunbar;Fairview+VW;False+Creek;Kerrisdale;Kitsilano;MacKenzie+Heights;Marpole;Mount+Pleasant+VW;Oakridge+VW;Point+Grey;Quilchena;S.W.+Marine;Shaughnessy;South+Cambie;South+Granville;Southlands;University+VW\/type-Townhome\/min_price-500000\/max_price-1250000\/page-1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Vancouver Westside, townhomes<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/area-Arbutus;Cambie;Dunbar;Fairview+VW;False+Creek;Kerrisdale;Kitsilano;MacKenzie+Heights;Marpole;Mount+Pleasant+VW;Oakridge+VW;Point+Grey;Quilchena;S.W.+Marine;Shaughnessy;South+Cambie;South+Granville;Southlands;University+VW\/type-Condo\/min_price-500000\/max_price-1250000\/page-1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">condos priced between $500,000 to $1,250,000<\/span><\/a><span style=\"font-weight: 400;\"> were the most active. Standout neighbourhoods included longtime fixtures of these market updates like <a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/area-Fairview+VW;False+Creek;Kitsilano\/type-Condo\/page-1\" target=\"_blank\" rel=\"noopener\">Fairview, Falsecreek and Kitsilano<\/a>. Another high-volume neighbourhood for <a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/area-University+VW\/type-Condo\/page-1\" target=\"_blank\" rel=\"noopener\">condo sales is University<\/a>, especially due to its proximity to the University of British Columbia which has started its Fall Term. Of these sales, almost half of properties sold were 1 bedroom, with 2 bedrooms accounting for a quarter of total sales.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">View the <\/span><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/area-Arbutus;Cambie;Dunbar;Fairview+VW;False+Creek;Kerrisdale;Kitsilano;MacKenzie+Heights;Marpole;Mount+Pleasant+VW;Oakridge+VW;Point+Grey;Quilchena;S.W.+Marine;Shaughnessy;South+Cambie;South+Granville;Southlands;University+VW\/type-Condo\/bedroom-1\/page-1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">1-bedroom condos<\/span><\/a><span style=\"font-weight: 400;\"> or <\/span><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/area-Arbutus;Cambie;Dunbar;Fairview+VW;False+Creek;Kerrisdale;Kitsilano;MacKenzie+Heights;Marpole;Mount+Pleasant+VW;Oakridge+VW;Point+Grey;Quilchena;S.W.+Marine;Shaughnessy;South+Cambie;South+Granville;Southlands;University+VW\/type-Condo\/bedroom-0\/page-1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">studio units<\/span><\/a><span style=\"font-weight: 400;\"> available for sale.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">View all <\/span><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/area-Arbutus;Cambie;Dunbar;Fairview+VW;False+Creek;Kerrisdale;Kitsilano;MacKenzie+Heights;Marpole;Mount+Pleasant+VW;Oakridge+VW;Point+Grey;Quilchena;S.W.+Marine;Shaughnessy;South+Cambie;South+Granville;Southlands;University+VW\/type-Condo\/bedroom-2\/page-1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">2-bedroom condos<\/span><\/a><span style=\"font-weight: 400;\"> or <\/span><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/area-Arbutus;Cambie;Dunbar;Fairview+VW;False+Creek;Kerrisdale;Kitsilano;MacKenzie+Heights;Marpole;Mount+Pleasant+VW;Oakridge+VW;Point+Grey;Quilchena;S.W.+Marine;Shaughnessy;South+Cambie;South+Granville;Southlands;University+VW\/type-Townhome\/bedroom-2\/page-1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">townhome listings<\/span><\/a><span style=\"font-weight: 400;\"> available for sale.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1106\" src=\"https:\/\/www.filerwelch.com\/blog\/wp-content\/uploads\/2022\/09\/2022_AUG_FW_VWCondos.jpg\" alt=\"Infographic displaying market data for Vancouver West.\" width=\"750\" height=\"500\" srcset=\"https:\/\/www.filerwelch.com\/blog\/wp-content\/uploads\/2022\/09\/2022_AUG_FW_VWCondos.jpg 750w, https:\/\/www.filerwelch.com\/blog\/wp-content\/uploads\/2022\/09\/2022_AUG_FW_VWCondos-300x200.jpg 300w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/p>\n<h3>Vancouver Eastside<\/h3>\n<p><span style=\"font-weight: 400;\">The price bands in August showed <\/span><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+East\/type-Townhome\/min_price-400000\/max_price-1000000\/page-1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Vancouver Eastside townhomes<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+East\/type-Condo\/min_price-400000\/max_price-1000000\/page-1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">condos within the $400,000 to $1,000,000 price range<\/span><\/a><span style=\"font-weight: 400;\"> were most active. Part of this can be attributed to a lack of inventory &#8211; single digits &#8211; above $2.25M. Similarly, neighbourhoods such as Hastings, Grandview Woodland, Hastings Sunrise, South Marine and Mount Pleasant account for high sales ratios or high sales volumes in the Vancouver Eastside. These neighbourhoods are often popular with young adults and professionals getting their foothold in Vancouver due to the neighbourhood&#8217;s diverse population, cultural attractions and overall vibe of being a lively place.\u00a0<\/span><\/p>\n<ul>\n<li>View <a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+East\/area-Hastings\/type-Condo\/page-1\" target=\"_blank\" rel=\"noopener\">condo listings in Hastings<\/a> neighbourhood, home to the Pacific National Exhibition (PNE).<\/li>\n<li>View <a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+East\/area-Mount+Pleasant+VE\/type-Condo\/page-1\" target=\"_blank\" rel=\"noopener\">condos in the growing neighbourhood of Mount Pleasant<\/a>.<\/li>\n<li>View <a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+East\/area-South+Marine\/type-Condo\/page-1\" target=\"_blank\" rel=\"noopener\">available condos in South Marine<\/a>, located along the banks of the Fraser River.<\/li>\n<li>Or look at <a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+East\/area-Grandview+Woodland\/type-Condo\/page-1\" target=\"_blank\" rel=\"noopener\">condos in Grandview-Woodland<\/a>, where Commercial Drive is located!<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1105\" src=\"https:\/\/www.filerwelch.com\/blog\/wp-content\/uploads\/2022\/09\/2022_AUG_FW_VECondos.jpg\" alt=\"Infographic showing market data for Vancouver Eastside.\" width=\"750\" height=\"500\" srcset=\"https:\/\/www.filerwelch.com\/blog\/wp-content\/uploads\/2022\/09\/2022_AUG_FW_VECondos.jpg 750w, https:\/\/www.filerwelch.com\/blog\/wp-content\/uploads\/2022\/09\/2022_AUG_FW_VECondos-300x200.jpg 300w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/p>\n<h3>Summer Real Estate Trends Continued in August<\/h3>\n<p><span style=\"font-weight: 400;\">The sales activity in properties priced under a million dollars is likely due to the continued economic stressors of inflation and interest rate hikes. These stressors have been noted over the past couple months with making it more difficult for potential homebuyers to get a mortgage &#8211; being stress tested at a higher rate than before &#8211; in order to purchase a home. As a result interest in more accessible price brackets, such as attached homes like condos or townhomes, is likely a more attainable option.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Average sale prices for condos and townhomes were slightly reduced during the month of August, with Vancouver East leading a -8% variance ahead of Vancouver West (-4%) and Downtown (-1%) from July\u2019s statistics. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Not Much Change in the Urban Core of Vancouver The most sales activity in downtown Vancouver were for condos and townhomes priced between $300,000 to $900,000. Across downtown Vancouver\u2019s neighbourhoods, &hellip; [<a href=\"https:\/\/www.filerwelch.com\/blog\/august-2022-vancouver-condos-townhomes-available-listings-luxury\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":1106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[48,289,110,210,143,58,21,90,288,37,205,109],"class_list":["post-1103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-statistics","tag-attached-homes","tag-condos-for-sale","tag-downtown-vancouver","tag-grandview-woodland","tag-hastings","tag-kitsilano","tag-market-changes","tag-realtors","tag-townhomes-for-sale","tag-vancouver","tag-west-end","tag-yaletown"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Condos &amp; Townhomes in Vancouver - August 2022<\/title>\n<meta name=\"description\" content=\"Market update on Vancouver&#039;s condos &amp; townhomes sales for August 2022. 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Key neighbourhoods are Fairview, West End &amp; Granview-Woodland.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.filerwelch.com\/blog\/august-2022-vancouver-condos-townhomes-available-listings-luxury\/\" \/>\n<meta property=\"og:site_name\" content=\"Filer &amp; Welch Metro Vancouver Blog\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-08T17:55:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-13T22:36:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.filerwelch.com\/blog\/wp-content\/uploads\/2022\/09\/2022_AUG_FW_VWCondos.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Charles Filer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Charles Filer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/august-2022-vancouver-condos-townhomes-available-listings-luxury\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/august-2022-vancouver-condos-townhomes-available-listings-luxury\\\/\"},\"author\":{\"name\":\"Charles Filer\",\"@id\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/#\\\/schema\\\/person\\\/a258e594b3f4425b30507d456a650da7\"},\"headline\":\"Condos &#038; Townhomes in Vancouver &#8211; August 2022\",\"datePublished\":\"2022-09-08T17:55:19+00:00\",\"dateModified\":\"2022-10-13T22:36:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/august-2022-vancouver-condos-townhomes-available-listings-luxury\\\/\"},\"wordCount\":499,\"commentCount\":1,\"image\":{\"@id\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/august-2022-vancouver-condos-townhomes-available-listings-luxury\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/2022_AUG_FW_VWCondos.jpg\",\"keywords\":[\"attached homes\",\"condos for sale\",\"Downtown Vancouver\",\"Grandview Woodland\",\"Hastings\",\"Kitsilano\",\"Market changes\",\"Realtors\",\"townhomes for sale\",\"Vancouver\",\"west end\",\"Yaletown\"],\"articleSection\":[\"Real Estate Statistics\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/august-2022-vancouver-condos-townhomes-available-listings-luxury\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/august-2022-vancouver-condos-townhomes-available-listings-luxury\\\/\",\"url\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/august-2022-vancouver-condos-townhomes-available-listings-luxury\\\/\",\"name\":\"Condos & Townhomes in Vancouver - August 2022\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/august-2022-vancouver-condos-townhomes-available-listings-luxury\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/august-2022-vancouver-condos-townhomes-available-listings-luxury\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/2022_AUG_FW_VWCondos.jpg\",\"datePublished\":\"2022-09-08T17:55:19+00:00\",\"dateModified\":\"2022-10-13T22:36:26+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/#\\\/schema\\\/person\\\/a258e594b3f4425b30507d456a650da7\"},\"description\":\"Market update on Vancouver's condos & townhomes sales for August 2022. 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