East Vancouver Townhouse Market Update – July 2016
The East Van townhouse market saw a 100% sales to active ratio (which basically means, everything that is listed is sold). The average price increased to $784k (it was at $611k this time last year) and inventory was steady at 40 listings (which was 69 listings at this time last year).
You can see a pattern in the stats.. when inventory was at 25 in April (which is low) the average sales price was $820k, but as inventory increased, the average price decreased. The average price per sqft was $604/sqft, and the average days on market was only 14.
View all East Vancouver Townhomes for Sale
Take a look at how the price of townhouses compare in different neighbourhoods.
Don’t hesitate to contact us if you have any questions about townhouses in East Vancouver.