East Vancouver Townhouse Market Update – July 2016
The East Van townhouse market saw a 100% sales to active ratio (which basically means, everything that is listed is sold). The average price increased to $784k (it was at $611k this time last year) and inventory was steady at 40 listings (which was 69 listings at this time last year).
You can see a pattern in the stats.. when inventory was at 25 in April (which is low) the average sales price was $820k, but as inventory increased, the average price decreased. The average price per sqft was $604/sqft, and the average days on market was only 14.
View all East Vancouver Townhomes for Sale
View all East Vancouver Half Duplexes for Sale
Don’t hesitate to contact us if you have any questions about townhouses in East Vancouver.