East Van Townhouse and Half Duplex Market Update for May 2015

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east vancouver townhouse market update may 2015

Townhouses and Half Duplexes in East Van

The East Van townhouse and half duplex market had a strong 58% absorption rate last month thanks to significant interest and sales across every price point. This market saw 36% fewer sales than last year at this time, yet double the number of sales. Prices are, on average, in the low-$700k’s though price point would differ quite a bit between a typical townhouse and a typical half duplex.

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Recent Townhouse and Half Duplex Sales in East Vancouver

east vancouver inexpensive townhouse market update may 2015

One of the least expensive townhouses sold last month was this 532sqft studio unit in Uptown, a 2013 built building a few blocks from Main St. The unit has a private front door and front patio, along with high ceilings and a dedicated bedroom space tat could be opened up with the use of a murphy bed. The building has a gym, roof top deck, lounge, parking and storage.

east vancouver expensive townhouse market update may 2015

One of the most expensive half duplexes sold in East Van last month was this 2335sqft, 5 bedroom, 3 bathroom home in Mount Pleasant – part of the soft is taken up by a 2 bedroom suite. This corner lot half duplex was built in 1982 but has an updated interior. The unit was originally listed for $1,189,000 and sold 45 days later for $1,094,000.