East Van Townhome: Real Estate Update for February 2014

07.02.2014

EAST VAN TOWNHOMES and 1/2 DUPLEXES for SALE

The Vancouver East Townhome and 1/2 Duplex Market has been strong – it’s absorption rate is 21% which is nearing a Seller’s Market, and the number of sales, average price/sqft and days on market remained steady over last month. The median sales price was $665,000 and the average sales price was $642,396, however the sales spread evenly across price brackets with one third of sales under $600k, one third of sales above $750k and one third in between.

Vancouver_Real_Estate_Feb_2014_VE_townhomes

RECENT TOWNHOUSE and 1/2 DUPLEX SALES in EAST VAN

The most expensive East Van Townhouse Sale was a luxurious unit in The Brighton across from Science World on Quebec. This almost 2000sqft home has 3 bedrooms, 2.5 bathrooms and 3 levels of living space. There is a large private rooftop patio with expansive views of False Creek, the City and Mountains. The interior has been redone with high end finishings including a marble bathroom. The building offers 2 parking spots, storage locker and amenities including a pool and hot tub. The unit was listed for $1,118,000 and sold 8 days later for $1,050,000.

The least expensive East Van Townhome sale was a yet to be finished unit in Skala – a new development at E 16th and Prince Edward slated for 2015 completion. This West Coast Modern unit will have 636sqft with 1 bedroom and 1 bathroom. The building will offer parking, a bike room and in suite laundry. This unit in particular has street level access with two patios. It was listed for $359,900 and sold 49 days later for $359,900.

Search all Townhouses for Sale in East Van and all 1/2 Duplexes for Sale in East Van. Contact the WeLoveEastVan Team if you’re looking for a townhouse of 1/2 duplex – we will ensure you’re buying a great home.

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