East Vancouver Detached House Market
The detached house market in East Van had a 37% sales to active ratio, with average and median prices around $1.34-million. Inventory has dropped compared to September, though sales have increased. Expect this market to remain busy with Buyers, especially has inventory drops before Christmas.
Looking at the stats, close to one third of all detached properties for sales were in the $1.25-million to $1.5-million price point, with more than one third listed for over $1.5-million. Fraser, Renfrew, Mount Pleasant East, Knight and Grandview had really strong interest from Buyer’s last month.
Recent Detached House Sales in East Vancouver
One of the most expensive houses sold in East Van last month was this brand new home + laneway home in Renfrew. The property offered 3550sqft of interior space )with the laneway). Given that the home is brand new, it comes with modern finishings and the standard 2/5/10 warranty. Listed for $1,850,000, this home sold 3 days later for full price.
One of the least expensive detached houses sold in East Van last month was this old timer house in Grandview, off Victoria Drive. This home is land value only. Listed for $788,000, it sold 45 days later for $738,000.