Real Estate Update in False Creek Flats


July 2025 Real Estate Market Report for False Creek Flats and Surrounding Areas

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 July 2025: Strong Attached Housing Performance

July 2025 brought solid market activity to False Creek Flats, with the attached housing segment recording notably higher sales ratios than detached homes. The condo and townhome market demonstrated strong buyer engagement.

Detached Houses:

  • Inventory: 72
  • Sales: 9
  • Sales Ratio: 12.5%

Condos & Townhomes:

  • Inventory: 321
  • Sales: 73
  • Sales Ratio: 22.7%

The detached home market maintained balanced conditions with moderate sales activity. The condo and townhome segment showed strong buyer interest with a solid 22.7% sales ratio.

Neighborhood Market Performance: Hastings Leads Activity Levels

Strathcona: Attached Housing Activity

Strathcona recorded activity solely in the attached housing segment.

Detached Houses:
  • Inventory: 4
  • Sales: 0
  • Sales Ratio: 0.0%
Condos & Townhomes:
  • Inventory: 41
  • Sales: 7
  • Sales Ratio: 17.1%

Attached housing showed moderate sales activity, while no detached home sales occurred during July.

Downtown Eastside: Moderate Attached Housing Activity

Downtown Eastside showed steady activity in its attached housing market.

Detached Houses:
  • Inventory: 0
  • Sales: 0
  • Sales Ratio: 0.0%
Condos & Townhomes:
  • Inventory: 42
  • Sales: 5
  • Sales Ratio: 11.9%

Downtown Eastside consists entirely of condos and townhomes, with no detached housing inventory.

Grandview-Woodland: Balanced Activity Across Segments

Grandview-Woodland showed solid performance in both housing categories.

Detached Houses:
  • Inventory: 45
  • Sales: 7
  • Sales Ratio: 15.6%
Condos & Townhomes:
  • Inventory: 62
  • Sales: 13
  • Sales Ratio: 21.0%

Both detached and attached housing recorded healthy sales ratios, with attached properties showing stronger activity.

Hastings: Exceptional Attached Housing Performance

Hastings achieved the highest sales ratios among False Creek Flats neighborhoods.

Detached Houses:
  • Inventory: 10
  • Sales: 2
  • Sales Ratio: 20.0%
Condos & Townhomes:
  • Inventory: 20
  • Sales: 8
  • Sales Ratio: 40.0%

Hastings recorded strong performance in both segments, with attached housing achieving an exceptional 40.0% sales ratio.

Mount Pleasant: Strong Attached Housing Results

Mount Pleasant demonstrated robust attached housing activity.

Detached Houses:
  • Inventory: 13
  • Sales: 0
  • Sales Ratio: 0.0%
Condos & Townhomes:
  • Inventory: 156
  • Sales: 40
  • Sales Ratio: 25.6%

Mount Pleasant’s attached housing market achieved a strong 25.6% 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 July 2025 benchmark prices compared:

Vancouver East Market Highlights:

  • Detached Homes: Benchmark price at $1,794,500, showing a 2.0% decrease from June and a 3.9% decline year-over-year.
  • Townhouses: Benchmark pricing at $1,117,900, reflecting a 1.2% monthly increase but a 2.4% annual decline.
  • Condos: Average pricing at $679,000, showing a 1.1% monthly decrease and a 3.4% year-over-year decrease.

Vancouver West (Westside) Market Highlights:

  • Detached Homes: Westside properties averaged $3,311,800, representing a $1.52 million premium over eastside alternatives, with a 2.6% monthly decrease and 5.6% annual decline.
  • Townhouses: Vancouver West townhouses averaged $1,417,400, creating a $299,500 price differential, showing a 1.0% monthly decrease and 1.9% annual decline.
  • Condos: Vancouver West condos averaged $820,200, showing a $141,200 price differential, with a 0.5% monthly decrease and 3.4% 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 $299,500 price differential, while condos show a $141,200 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.

Discover Single Family Homes in False Creek Flats:

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Explore Condos in False Creek Flats:

False Creek Flats provides housing options across multiple price points within Vancouver East, with pricing that differs significantly from Vancouver West (Westside) alternatives.


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