East Vancouver Detached House Market Update – April 2015

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east vancouver detached houses market update

The East Van House market remains the most active market with a 62% sales to active ratio and a 63% increase in sales over last month. Prices dropped slightly, to just over $1-million. Take a look at the days on market – only 12 days – that says a lot about just how quickly this market is moving. The houses with 4 bedrooms or less had a 85% sales to active ratio last month, along with the highest number of sales. It’s a busy market with no signs of stopping. We don’t think it’ll continue at the pace it’s been going, but there’s no telling in when it will slow down.

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detached home recently sold in east vancouver

One of the least expensive houses sold in East Van last month was this 1910 built home at Prince Ed and East 6th Ave in Mount Pleasant. This home sits on a small 34×65′ lot, and needs significant repairs. However, the home still retains some heritage details including stained glass windows and french doors. The home was listed for $699k ad sold 5 days later for $785k.

recent sales detached homes in east vancouver

The most expensive house sold in East Van last month was this 2012 built home sitting on a 32×122′ lot at Quebec and East 32nd. This home has 2700sqft with 5 bedrooms (including a 2 bedroom basement suite) and 3.5 bathrooms. The home is filled with modern amenities and finishings, and the location puts it only a few blocks to Main St, Queen Elizabeth Park and Hillcrest Community Centre. The home was listed for $1.998M and sold a week later for $2.275M.