Vancouver Downtown Condo Price Reductions


Blog by Arnold Shuchat | November 21st, 2014


Here are the latest price reductions on Downtown Vancouver condos and attached properties over the last 14 days.  The list is not large indicating sellers are digging in their heels.

Address LP Prev LP Change % Change DOM Tot BR Age
# 908 161 W GEORGIA ST 428,000 448,000 20,000 4 51 1 2
# 713 1333 HORNBY ST 249,900 260,000 10,100 4 37 0 40
# 2508 777 RICHARDS ST 499,900 519,900 20,000 4 38 1 0
# 310 538 SMITHE ST 479,900 499,000 19,100 4 58 1 6
# 2307 188 KEEFER PL 558,000 578,000 20,000 3 18 2 5
# 313 555 ABBOTT ST 474,000 489,000 15,000 3 21 2 18
# 112 161 W GEORGIA ST 779,000 798,000 19,000 2 25 1 2
# 1602 788 HAMILTON ST 428,000 438,000 10,000 2 25 1 5
# 605 1330 HORNBY ST 244,800 249,800 5,000 2 70 0 28
# 2003 58 KEEFER PL 538,000 548,000 10,000 2 29 2 7
# 606 565 SMITHE ST 399,000 405,000 6,000 1 60 1 5
# 3506 188 KEEFER PL 609,000 618,000 9,000 1 77 2 5
# PH3403 1255 SEYMOUR ST 1,265,000 1,280,000 15,000 1 102 2 6
# 1507 811 HELMCKEN ST 335,000 336,500 1,500 0 161 1 19
# 1909 888 HOMER ST 428,600 429,800 1,200 0 36 1 3


There are currently 344 condos for sale in the Vancouver downtown area.  Having only 15 price reductions in the last 14 days is a bullish sign; or, at least an indication of seller sentiment.

Have a great weekend!
AS