Blog by Michael Giesbrecht

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Vancouver Condo Prices - Food For Thought

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People will often ask me, "How much for a one-bedroom condo in this area?"  Or, "How much for a two-bedroom condo in that area?"  What I have done for a number of areas around the Downtown Core is list the current lowest priced one-bedroom, current lowest priced two-bedroom, the lowest sale price for a one bedroom so far this year, the average and median sale prices for one-bedrooms this year, the lowest sale price for a two-bedroom so far this year and the average and median sale prices for two-bedrooms this year.

Coal Harbour
Active 1 br – $359,000, 1107-1166 Melville St, 566 sq ft, Orca Place, $634/sq ft
Active 2 br – $588,000, 2202-1369 W Georgia St, 795 sq ft, Venus, $740/sq ft
Sold 1 br (low) 02/03 – $363,800, 2207-1166 Melville St, 550 sq ft, Orca Place, $661/sq ft
Average 2015 – $448,720, $714/sq ft
Median 2015 –  $469,000, $693/sq ft
Sold 2 br (low) 01/16 – $740,000, 1704-1211 Melville St, 858 sq ft, Ritz, $862/sq ft
Average 2015 – $1,956,644, $1,229/sq ft
Median 2015 – $1,688,000, $1,235/sq ft

Downtown
Active 1 br – $328,000, 1701-438 Seymour St, 534 sq ft, Conference Plaza, $614/sq ft
Active 2 br – $429,000, 1008-438 Seymour St, 721 sq ft, Conference Plaza, $595/sq ft
Sold 1 br (low) 01/23 – $296,500, 613-1010 Howe St, 478 sq ft, 1010 Howe, $620/sq ft
Average 2015 – $439,028, $692/sq ft
Median 2015 –  $419,500, $699/sq ft
Sold 2 br (low) 01/13 – $420,000, 313-555 Abbott St, 833 sq ft, Paris Place, $504/sq ft
Average 2015 – $818,354, $764/sq ft
Median 2015 – $589,950, $712/sq ft

False Creek
Active 1 br – $349,900, 320-159 W 2nd St, 524 sq ft, Tower Green at West, $668/sq ft
Active 2 br – $475,900, 1008-159 W 2nd St, 716 sq ft, Tower Green at West, $665/sq ft
Sold 1 br (low) 01/05 – $425,000, 606-1919 Wylie St, 642 sq ft, Maynard’s Block, $662/sq ft
Average 2015 – $489,850, $703/sq ft
Median 2015 –  $467,250, $709/sq ft
Sold 2 br (low) 01/21 – $585,900, 311-1628 W 4th Ave, 775 sq ft, Radius, $756/sq ft
Average 2015 – $728,725, $690/sq ft
Median 2015 – $697,000, $696/sq ft

Kits
Active 1 br – $289,800, 211-2033 W 7th, 507 sq ft, Katrina Court, $572/sq ft
Active 2 br – $419,600, 304-3638 W Broadway, 775 sq ft, Coral Court, $541/sq ft
Sold 1 br (low) 01/05 – $300,000, 217-2416 W 3rd St, 655 sq ft, Landmark Reef, $458/sq ft
Average 2015 – $368,618, $533/sq ft
Median 2015 –  $341,000, $551/sq ft
Sold 2 br (low) 01/16 – $522,000, PH3-1827 W 3rd Ave, 966 sq ft, Westshore, $540/sq ft
Average 2015 – $679,983, $723/sq ft
Median 2015 – $628,500, $747/sq ft

West End
Active 1 br – $289,900, 615-1040 Pacific St, 502 sq ft, Chelsea Terrace, $577/sq ft
Active 2 br – $428,000, 319-1045 Howe St, 796 sq ft, City View, $538/sq ft
Sold 1 br (low) 01/20 – $305,000, 404-1140 Pendrell St, 590 sq ft, The Somerset, $517/sq ft
Average 2015 – $395,692, $617/sq ft
Median 2015 –  $416,000, $615/sq ft
Sold 2 br (low) 01/09 – $330,000, 202-1040 Pacific St, 710 sq ft, Chelsea Terrace, $465/sq ft
Average 2015 – $703,463, $702/sq ft
Median 2015 – $669,900, $713/sq ft

Yaletown
Active 1 br – $359,000, 603-1008 Cambie St, 596 sq ft, Waterworks, $602/sq ft
Active 2 br – $468,000, 1802-939 Homer St, 771 sq ft, The Pinnacle, $607/sq ft
Sold 1 br (low) 01/01 – $400,000, 1210-909 Mainland St, 575 sq ft, Yaletown Park, $696/sq ft
Average 2015 – $471,000, $687/sq ft
Median 2015 –  $454,000, $687/sq ft
Sold 2 br (low) 01/10 – $485,227, 208-1318 Homer St, 877 sq ft, Governors Villa II, $553/sq ft
Average 2015 – $843,536, $803/sq ft
Median 2015 – $702,000, $739/sq ft

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Downtown East
Active 1 br – $275,800, 309-150 E Cordova St, 528 sq ft, In Gastown, $522/sq ft
Active 2 br – $459,900, 808-188 Keefer St, 845 sq ft, 188 Keefer, $544/sq ft
Sold 1 br (low) 01/23 – $330,000, 209-168 Powell St, 636 sq ft, Smart, $519/sq ft
Average 2015 – $330,000, $519/sq ft (1 sale so far)
Median 2015 –  $330,000, $519/sq ft (1 sale so far)
Sold 2 br (low) 01/19 – $539,900, 808-189 Keefer St, 825 sq ft, Keefer Block, $654/sq ft
Average 2015 – $600,466, $578/sq ft
Median 2015 – $605,000, $631/sq ft

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