East Van Detached Houses: July 2014

09.07.2014

East Van Real Estate Market Update – Detached Houses

Detached Houses in East Van – it’s a Strong Seller’s market with a 37.5% sales to active ratio. For those looking for a nice home with good bones, it can be pretty sparse for inventory, which is leading to a lot of quick offers and people paying high prices for what’s available, if anything to win in a multiple offer situation. Good opportunities on the East Side aren’t coming up very often so be ready for quick offers in the detached house market. We have many clients who sell their home first so they know exactly what they’ll be working with financially, and who accept that a temporary (and hopefully flexible) living situation may need to be arranged. For Sellers, if you’re interested to sell, now is the time! Benchmark price of detached homes in Vancouver East is at $918,900, however homes in Mount Pleasant, Fraser, Main and Knight are most desired neighbourhoods.

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Search all detached houses for sale in East Van!

Recent East Van House Sales

3191 East 18th Ave:

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This 3 bedroom, 1 bathroom detached home in Renfrew was the least expensive home sold in East Van last month. The 819 sqft home sits on a 33′ x 93′ lot, and has been updated with a new roof, furnace and windows and appliances. There is a covered deck off the back of the house with a fenced yard, and a single car garage. Listed for $659,900, this home sold 6 days later for $712,000.

288 East 23rd Ave

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One of the most expensive homes sold in East Van last month was only a block east of Main St at East 23rd Ave. This 2500 sqft character home was completely renovated in 2011 with new finishings, new mechanics and future plans for a laneway home. The home includes a self contained bachelor basement suite as well. Listed for $1,598,000, it sold 11 days later for $1,752,000.

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