East Vancouver Townhome and Half Duplex Market Update
The townhouse and half duplex market in East Van saw the expected drop in activity over the holidays, with 26% fewer listings and 60% fewer sales. There was activity in every price point, with the $800k and up market performing well. This market is slowly increasing in price, which is pricing a few hopeful Buyers out of the market. East Vancouver is, and will continue to see, new townhouses and half duplexes built in the next few years. Many of these newer townhouse complexes have similar features, including 2 or 3 levels and a roof top patio (instead of a grassy backyard).
Contact the WeLoveEastVan Team to discuss your real estate goals in 2015 – we can help you move up and move in.
Recent Townhouse and Half Duplex Sales in East Vancouver
One of the least expensive townhouses sold in East Van last month was this 1 bedroom, 1.5 bathroom townhouse in Fraser. This home has 630sqft and a loft style bedroom (upstairs, but open to below). The unit has in suite laundry, storage and parking in your private garage. The building was only built in 2009, so it still has all the modern benefits you’re looking for. Listed for $389,000, this home sold 54 days later for full price.
One of the most expensive half duplexes sold last month in Eats Van was this almost completed 3 bedroom, 3.5 bathroom half duplex by “Four Corners Homes”. This home has 4 levels and almost 1600sqft with a detached garage, rooftop patio, and modern amenities. The home is located close to Commercial Drive location. Listed for $969,900 (+ 5% GST), this home sold for full price 50 days later.