The East Vancouver Real Estate Market continues to be busy with an increase in sales across all markets and some decreases in average price. The detached house market hasn’t slowed down and the condo market also saw a big increase in activity with 40% more sales than last month. The townhouse and half duplex market was also busy, with lots of new inventory hitting the market (thanks to a number of newly built properties).
Now that we’re entering into November and getting closer to Christmas, many Buyers who have taken the last few months to get a sense of the market and inventory, and to secure their financing, are finally starting to jump on properties, including those that have been on the market in the past and didn’t sell originally.
As always, let us know if you have any questions on the current real estate market or are interested in buying soon. We’ll position you to succeed: finding you the right home, for the right price, in the right East Van neighbourhood.
Selling your Home in East Vancouver
If you’re looking to sell your East Vancouver Home, let us know, we may have a handful of Buyers who could jump on the property before it ever hits the market, making the process much easier for yourself. If you’re looking to sell your East Van home in the new year, it’s a great time to start to get ready for the process so you know what to expect and how to proceed. Fill out our East Vancouver Home Value Form to get started!