Market Spotlight: East Vancouver Woodframe Condos

A recent analysis of resales data for woodframe condos in East Vancouver (less than 10 years old at the time of sale), shows pricing has been relatively flat in the past year, averaging approximately $519 per SF. This market can be divided between high-demand locations such as Main Street, and the rest of the East side.

As an example, recent resales in Bastion’s 3333 Main Street project have been over $700 per SF, whereas new woodframe units in most other areas of East Vancouver are $500 to $550 per SF. Resales along Kingsway and East Hastings are typically less than $500 per SF.