Downtown Vancouver Condo Price Stats – Last Updated July 2020

The downtown Vancouver condo market in in the last few months has been largely flat. Sales still remain fairly low but activity has been increasing a lot in the last month. The corona virus certainly impacted sales but its still too early to draw conclusions on price. There is no obvious trend down as many people are expecting. Also the lack of sales has made some of the data a bit choppy.

For this analysis I only included downtown Freehold Downtown Vancouver condos. See Map below for area where the data is collected from. Stats are updated every few months. For more detailed information or if you have questions don’t hesitate to contact me.

Average Price per square foot (monthly average) for 1 and 2 bedrooms in downtown Vancouver. The fluctuations in the 2 bedroom red line are due to lower quantity of sales and therefore more variability. Also, 2 Bedrooms are usually worth more per square foot because they tend to be on higher floors than 1 bedrooms. Click Chart to Zoom in.

A chart showing all the prices per square foot that have sold. The black lines represents a trailing average of the last 200 sales. Click Chart to Zoom in.

A chart showing all the sales prices of all the units that have sold. The black lines represents a trailing average of the last 200 sales. Click Chart to Zoom in.

Average Selling Price per for 1 and 2 bedroom condos in downtown Vancouver. The average size for 1 bedrooms downtown is about 600 square feet and for 2 bedrooms it’s about 1000 square feet. Click Chart to Zoom in.

Median Prices prices per square foot for 1 and 2 bedrooms. Click Chart to Zoom in.

This shows the ratio between selling prices and asking prices and displayed as a percentage of the asking price. Lower than 100% means the buyer paid less than asking price. Click Chart to Zoom in.

The average days on market for Downtown Vancouver Condos. Click Chart to Zoom in.

I hope you were able to draw some interesting conclusions from the charts provided. If you have any questions or would like more data on other locations or going further back in time please contact me, thank you.

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