Disclaimer: The False Creek Flats region encompasses parts of Strathcona, Downtown Eastside, Grandview-Woodland, Hastings, and Mount Pleasant (Eastside) neighborhoods. To provide a comprehensive view of market trends in False Creek Flats, we analyze these areas together to reflect overall activity within this dynamic district.
False Creek Flats April 2025: Balanced Market Activity Across Segments
April 2025 showed balanced market conditions in False Creek Flats, with the attached housing segment recording higher sales ratios than detached homes. The condo and townhome market demonstrated solid sales activity relative to available inventory.
Detached Houses:
- Inventory: 65
- Sales: 8
- Sales Ratio: 12.3%
Condos & Townhomes:
- Inventory: 319
- Sales: 63
- Sales Ratio: 19.7%
The detached home market maintained balanced conditions with moderate sales activity. Meanwhile, the condo and townhome segment showed stronger buyer interest with a solid 19.7% sales ratio.
Neighborhood Market Performance: Mount Pleasant Leads Attached Housing Activity
Strathcona: Solid Performance in Both Segments
Strathcona demonstrated consistent activity across both housing categories.
Detached Houses:
- Inventory: 5
- Sales: 1
- Sales Ratio: 20.0%
Condos & Townhomes:
- Inventory: 42
- Sales: 9
- Sales Ratio: 21.4%
Both detached and attached housing showed healthy sales ratios, with attached properties slightly outperforming.
Downtown Eastside: Attached Housing Focus
Downtown Eastside showed activity solely in its attached housing market.
Detached Houses:
- Inventory: 0
- Sales: 0
- Sales Ratio: 0.0%
Condos & Townhomes:
- Inventory: 56
- Sales: 8
- Sales Ratio: 14.3%
Downtown Eastside consists entirely of condos and townhomes, with no detached housing inventory.
Grandview-Woodland: Mixed Activity Levels
Grandview-Woodland showed varied performance between housing segments.
Detached Houses:
- Inventory: 33
- Sales: 6
- Sales Ratio: 18.2%
Condos & Townhomes:
- Inventory: 60
- Sales: 4
- Sales Ratio: 6.7%
Detached homes achieved a solid 18.2% sales ratio, while attached housing recorded lower activity levels.
Hastings: Limited Attached Housing Activity
Hastings showed minimal activity in the attached housing segment.
Detached Houses:
- Inventory: 11
- Sales: 1
- Sales Ratio: 9.1%
Condos & Townhomes:
- Inventory: 4
- Sales: 0
- Sales Ratio: 0.0%
Detached homes recorded moderate sales activity, while no attached housing sales occurred during April.
Mount Pleasant: Strongest Attached Housing Performance
Mount Pleasant recorded the highest attached housing activity among False Creek Flats neighborhoods.
Detached Houses:
- Inventory: 16
- Sales: 0
- Sales Ratio: 0.0%
Condos & Townhomes:
- Inventory: 157
- Sales: 42
- Sales Ratio: 26.8%
Mount Pleasant’s attached housing market achieved a strong 26.8% sales ratio, while no detached home sales occurred during the month.
Price Analysis: Vancouver East vs. Vancouver West (Westside) Comparison
False Creek Flats, located within Vancouver East, shows significant price differences compared to Vancouver West (Westside). Here’s how April 2025 benchmark prices compared:
Vancouver East Market Highlights:
- Detached Homes: Benchmark price at $1,852,000, showing a slight 0.1% decrease from March and a 0.5% decline year-over-year.
- Townhouses: Benchmark pricing at $1,128,400, reflecting a 2.7% monthly decrease and a 1.4% annual decline.
- Condos: Average pricing at $703,600, showing a 0.1% monthly increase but a 2.1% year-over-year decrease.
Vancouver West (Westside) Market Highlights:
- Detached Homes: Westside properties averaged $3,427,100, representing a $1.58 million premium over eastside alternatives, with a 0.7% monthly decrease and 2.5% annual decline.
- Townhouses: Vancouver West townhouses averaged $1,424,700, creating a $296,300 price differential, showing a 2.7% monthly decrease and 1.4% annual decline.
- Condos: Vancouver West condos averaged $847,200, showing a $143,600 price differential, with a 0.2% monthly decrease and 0.6% annual decline.
Market Analysis: Price Differential Data
Vancouver East pricing shows substantial differences compared to Vancouver West (Westside). Detached homes in Vancouver East average 46% less than comparable Vancouver West properties. Townhouses show a $296,300 price differential, while condos show a $143,600 price difference between the two areas.
Current Listings: Available Properties in False Creek Flats
False Creek Flats offers diverse housing options across various price ranges. Our search platform features listings exclusively within False Creek Flats boundaries.
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False Creek Flats provides housing options across multiple price points within Vancouver East, with pricing that differs significantly from Vancouver West (Westside) alternatives.
