East Van Detached House Market Update for May 2015

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east vancouver detached house market update may 2015

Houses in East Van

The East Van detached market was still very busy this past month with lots of great new listings (like this one! or this one!). Every home listed between $600k and $800k sold (likely to small scale developers or Buyers with big renovation dreams) while the $900k to $1.25-Million market had an 81% absorption rate. Overall, prices increased to an average of $1.2-Million and a median of $1.12-Million, which is 23% and 27% more than prices at this time last year.

View all Houses for Sale in East Vancouver

Recent Detached House Sales in East Vancouver

east vancouver expensive detached house market update may 2015

One of the most expensive houses sold last month in East Van was this 3842sqft home with 6 bedrooms (including a 1 bedroom suite) and 4 bathrooms. This Heritage style home was built in 2004 and offers mountain views from the upper floor, 2 car garage, media room in the basement and beautiful finishes. The home’s west of Main location puts it across from Grimmitt park. Listed for $2,188,000, this home sold 11 days later for $2,532,000.

east vancouver inexpensive detached house market update may 2015

One of the least expensive houses sold in East Van last month was this 1480sqft home sitting on a 20’x132’ lot in Fraser. This home has a 4 bedroom unit and a 2 bedroom suite. The home could use some updates. Listed for $779,000, this home sold 112 days later for $735,000.