Vancouver Eastside Real Estate Stats 2022

Condos & Townhomes – Downtown Vancouver vs Rest of Van March 2022


Eastside Condos & Townhomes Grab Most Attention for Third Straight Month of 2022

To close out the first quarter of 2022, Vancouver Eastside condos & townhomes once again claimed the top performing spot of all Vancouver. This market climbed to increasingly-high sales ratios from 53% in January, to 61% in February, topping out at 75% for march.

Condos and townhomes all over Vancouver Eastside sold impressively fast this month. Everything below $1.5M in Vancouver Eastside’s condo and townhome market sold above 50% sales ratio. Here are the best performing price bands among this bracket:

Westside Condo and Townhome Sales Ratios Continue to Climb

Over the first quarter of 2022, the Westside condo and townhome market increasingly grew, claiming higher sales ratios than the previous month. In March, Vancouver West condos and townhomes garnered a 3 month-high, 56% sales ratio. This grew from February’s 44% sales ratio and January’s 34% sales ratio. The star performer for the month was condo and townhome sales in Kitsilano. Kitsilano condo and townhomes accounted for 58 new listings and 76 sales, producing an outstanding 131% sales ratio. Other strong performers for March both reside in close proximity: Fairview and Mount Pleasant. Fairview and Mount Pleasant condos and townhomes accomplished 63 new listings and 61 sales (97% sales ratio).

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Downtown Condos and Townhomes Maintain Previous Month Sales Rate

Condo and townhome sales in Downtown Vancouver performed at the same rate as previous month’s high, 42% sales ratio. Here were the best performing neighbourhoods in Downtown Vancouver this month:

To See A More Detailed Report Comparing Condo/Townhome Sales in Downtown VS Other Regions in Vancouver

Contact Ken & Samantha for a more detailed report on condo & townhomes movement in March 2022.

Listings in Featured

4A - 1596 West 14th Avenue, Fairview VW, Vancouver West photo number 2
sold
4A - 1596 West 14th Avenue  
Fairview VW, Vancouver West
$4,188,000 Condo 2 Beds 3 Baths 2,143
2246 W 20th Avenue, Arbutus, Vancouver West photo number 2
Open House Mar 30th - 31st, 2-4PM
2246 W 20th Avenue  
Arbutus, Vancouver West
$6,988,000 House 7 Beds 8 Baths 4,249 sqft

Listed by Renanza Realty Inc..

46472 Lear Drive, Sardis East Vedder, Chilliwack photo number 2
sold
46472 Lear Drive  
Sardis East Vedder, Chilliwack
$1,025,000 House 4 Beds 4 Baths 2,723 sqft

Vancouver, Fraser Valley and Chilliwack MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.