East Vancouver Townhomes and Half Duplexes: June 2014

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east vancouver townhouse market may 2014

East Van Real Estate: Townhomes and Half Duplexes

Townhomes and Half Duplexes in East Van saw a lot of activity last month with a 60% increase in sales over the previous month and a slight increase in prices. The Average price was $666,051 while the Median Price was $656,000. Similar to the condo market, the average price per sqft was at $506/sqft, which is significantly more affordable than the Westside. The most active markets are the $500,000 to $600,000 market and the $900,000+ market (all half duplexes). Notice the increase in prices over last year – most likely thanks to the new inventory hitting the market and the increase in interest from people moving to the East.

east vancouver townhouse market may 2014

Recent East Van Townhome and Half Duplex Sales

east vancouver cheapest townhouse may 2014

One of the least expensive townhomes sold in East Van last month was in Mount Pleasant East’s UPTOWN building. This townhome was a 2 level loft offering 690 sqft, modern finishings, parking, storage and access to the building’s amenities. The unit has a small west patio out front. The home was listed for $399,900 and sold 31 days later for $393,000.

east vancouver expensive townhouse may 2014

One of the most expensive half duplexes sold in East Van last month was at 16th and Sophia – only blocks to all the amenities and restaurants on Main St. This 1616 sqft home has 3 beds, 2 baths and 2 levels. The home has a private fenced backyard and single garage, and you can enjoy mountain views from the master bedroom. Listed for $999,888, it sold 4 days later for full asking price.