East Vancouver Houses
The East Vancouver house market is similar to how it’s been in the last few months – not enough (good) inventory to satisfy the demand of Buyers. The good houses not only get snapped up quickly, but often with multiple offers. The area around Main St, in Cedar Cottage, near Commercial Drive and around Fraser continue to be the hottest markets. We have a list of Buyers looking for houses in East Van (with various specifications – character homes, Vancouver Specials, etc) so if you’re looking to sell your East Van house, give us a call.
Recent East Vancouver House Sales
One of the least expensive houses sold last month was a 1927 built home sitting on a 33×125′ lot at East 1st and Semlin Drive near Commercial Drive. It is a duplex zoned lot, but the house is currently being rented out with a total income of $2200/month. Listed for $779,000, this house sold for $740,000 30 days later.
The most expensive house sold last month in East Van was this brand new home built at East 21st and Main St. The modern home has 2700sqft of living space with a two bedroom legal suite in the basement. The location is highly desirable right now, being West of Main St. Listed for $1,898,000, this home sold 31 days later for $1,955,000 (the sale price probably includes the 5% New Home GST).