East Vancouver Real Estate Update: Houses
The East Van Detached House Market remains one of the hottest markets in Vancouver. A number of Buyers are interested in property here, it’s just a matter of having enough good inventory to satisfy the demand. Average price increased to just over $1-million while the Median price is at $950,000. Most people in this market are selling a larger condo or townhome, however many wait until they’ve found a house in East Van, before listing their condo. The hottest neighbourhoods in East Van for Detached Homes are Main, Mount Pleasant East, Hastings and Grandview-Commercial Drive.
Recent East Van House Sales
One of the least expensive houses sold in East Van last month was a duplex zoned, 33’x115′ lot in Grandview off the busy East 12th Ave. This tear down was listed for $695,000 and sold 1 day later for $695,000.
One of the most expensive houses sold in East Van last month was a fully renovated, 2220sqft character home West of Main st on Quebec. The home sat on a slightly smaller 28.5’x107.3′ corner lot. The house maintained a lot of its original charm but managed to feel modern and new at the same time. The home has a 2 bedroom garden level suite. It was listed for $1,555,000 and sold 6 days later for $1,530,000.