East Vancouver Condo Update: November 2014

11.11.2014

The East Vancouver condo market saw a huge 40% jump in sales over last month, yet shows a 17% decrease in sales over last year. Average and median price are in the mid-$300,000’s, and 77% of sales this month were under $400,000. The average price per sqft is close to the $500 mark, which when divided by the average price, shows an average unit size of 714sqft (often, older units in East Van will have higher sqft for a lower cost, as compared to the newer units). Most of the condo sales in East Vancouver last month were in Mount Pleasant and Collingwood.

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Condos in East Vancouver will always be a good market thanks to entry level costs and the increasing number of great neighbourhoods to live in. Only 2 units sold last month were 3 bedrooms or more..

View all 1 Bedroom Condos for Sale in East Vancouver 

View all 2 Bedrooms Condos for Sale in East Vancouver

East Vancouver Condo Listings and Sales

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One of the least expensive condos sold in East Vancouver last month was a 561sqft unit in Hastings / The East Village. This garden level, corner unit condo is in a fully rainscreened building built in 1983, and comes with parking, storage and a patio. The unit was listed for $189,900 and sold 38 days later for $184,500.

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One of the most expensive condos sold last month in East Vancouver was a 2 bedroom, 2 bathroom, 1060sqft unit in the yet to be finished Block 100. This unit has a private rooftop deck and will come with modern amenities and finishings. This unit was listed for $858,900 and sold 55 days later for $833,000.

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