East Van Townhouse and Half Duplex Market Update: September 2014

11.09.2014

The townhouse and half duplex market in East Van saw a big jump in price per sqft – from $454 to $524 – thanks to lots of newly built units and continued interest from Buyers looking to upgrade from their condo. Two thirds of the townhouse and half duplex sales last month were over $600,000. Otherwise, the market has seen a 13% increase in average and median prices. There were sales in every price point last month, showing a range of inventory to meet the needs of various Buyers.

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Recent Townhouse and Half Duplex Sales in East Van

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One of the least expensive townhomes sold last month was in Skala, a new townhouse development at East 16th and St George. This 1 bedroom + den townhouse has 551sqft on one level, with two different patios to enjoy. The new development will complete in the Spring of 2015 with 20 units. This home was listed for $339,000 and sold 34 days later for $339,900.

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One of the most expensive half duplexes sold in East Van last month was this 3 bedroom, 3.5 bathroom 1449sqft home at East 14th and Prince Albert. This half duplex was built in 2014 with a modern floor plan and great amenities including A/C, outdoor fireplaces, multiple outdoor spaces and mountain views. The home comes with a private single garage. Listed for $929,000, it was sold 5 days later for $929,000.

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