The East Vancouver townhouse market had a 59% sales to active ratio, down from the year’s high of 119% but double to years low of 28%. Total inventory right now is at 44, which is the highest it’s been this year, but is still half of last year’s high. Average price increased significantly over last month – from $762k to $933k – and currently sits at the highest average price we’ve seen, and by a significant number. The average price per sqft increase to $673/sqft, another high for the townhouse market. Days on market currently sits at an average of 24 days, which is longer than most might assume in this market.
View all East Vancouver Townhouses for Sale
Listing of the Week: 3639 Commercial St
Take a look at how the price of 2 and 3 bedroom townhouses compare in different neighbourhoods in East Van. Certain neighbourhoods didn’t have enough sales to generate an average price, but you can still get a sense of the trend.
Don’t hesitate to contact us if you have any questions about townhouses in East Vancouver.