We know you’re all dying to know how things are going in downtown Vancouver B.C.; the fact is, the market there is pretty brisk!
Condos are selling at about 97% of asking price, with an average market time of about 45 days. The typical selling price for a 1-BR or 2-BR condo is about C$630 per square foot, or about US$ 461,000 for a 750-sf condo home.
This is in comparison to downtown Seattle, where recent sales have been for roughly US$433/sf, or about US$ 325,000 for a 750-sf condo. The median market time is 68 days.
If you’re thinking about grabbing a pied-a-terre in Vancouver, please do let us know!