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 August 2025: Balanced Market Conditions Continue
August 2025 showed balanced market activity in False Creek Flats, with both housing segments recording moderate sales ratios. The detached home market showed slight improvement compared to previous months.
Detached Houses:
- Inventory: 64
- Sales: 9
- Sales Ratio: 14.1%
Condos & Townhomes:
- Inventory: 276
- Sales: 46
- Sales Ratio: 16.7%
The detached home market achieved a 14.1% sales ratio, while the condo and townhome segment recorded 16.7% sales activity.
Neighborhood Market Performance: Downtown Eastside Shows Strong Attached Housing Activity
Strathcona: Mixed Performance Across Segments
Strathcona showed strong detached housing activity but lower attached housing sales.
Detached Houses:
- Inventory: 4
- Sales: 1
- Sales Ratio: 25.0%
Condos & Townhomes:
- Inventory: 35
- Sales: 4
- Sales Ratio: 11.4%
Detached homes achieved a strong 25.0% sales ratio, while attached housing recorded more moderate activity.
Downtown Eastside: Strong Attached Housing Results
Downtown Eastside demonstrated solid attached housing performance.
Detached Houses:
- Inventory: 0
- Sales: 0
- Sales Ratio: 0.0%
Condos & Townhomes:
- Inventory: 38
- Sales: 9
- Sales Ratio: 23.7%
Downtown Eastside consists entirely of condos and townhomes, achieving a solid 23.7% sales ratio.
Grandview-Woodland: Strong Detached Performance
Grandview-Woodland showed solid detached housing activity but lower attached housing sales.
Detached Houses:
- Inventory: 39
- Sales: 6
- Sales Ratio: 15.4%
Condos & Townhomes:
- Inventory: 56
- Sales: 3
- Sales Ratio: 5.4%
Detached homes recorded healthy sales activity, while attached housing showed limited movement.
Hastings: Moderate Activity Levels
Hastings demonstrated moderate sales activity across both housing segments.
Detached Houses:
- Inventory: 11
- Sales: 1
- Sales Ratio: 9.1%
Condos & Townhomes:
- Inventory: 23
- Sales: 4
- Sales Ratio: 17.4%
Both segments showed steady but moderate sales ratios.
Mount Pleasant: Solid Attached Housing Activity
Mount Pleasant recorded strong attached housing performance.
Detached Houses:
- Inventory: 10
- Sales: 1
- Sales Ratio: 10.0%
Condos & Townhomes:
- Inventory: 124
- Sales: 26
- Sales Ratio: 21.0%
Mount Pleasant’s attached housing market achieved a solid 21.0% sales ratio.
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 August 2025 benchmark prices compared:
Vancouver East Market Highlights:
- Detached Homes: Benchmark price at $1,785,000, showing a 0.5% decrease from July and a 4.5% decline year-over-year.
- Townhouses: Benchmark pricing at $1,077,700, reflecting a 3.6% monthly decrease and a 6.6% annual decline.
- Condos: Average pricing at $679,000, remaining flat from July but showing a 3.7% year-over-year decrease.
Vancouver West (Westside) Market Highlights:
- Detached Homes: Westside properties averaged $3,264,900, representing a $1.48 million premium over eastside alternatives, with a 1.4% monthly decrease and 5.6% annual decline.
- Townhouses: Vancouver West townhouses averaged $1,395,000, creating a $317,300 price differential, showing a 1.6% monthly decrease and 4.2% annual decline.
- Condos: Vancouver West condos averaged $804,800, showing a $125,800 price differential, with a 1.9% monthly decrease and 5.7% annual decline.
Market Analysis: Price Differential Data
Vancouver East pricing shows substantial differences compared to Vancouver West (Westside). Detached homes in Vancouver East average 45% less than comparable Vancouver West properties. Townhouses show a $317,300 price differential, while condos show a $125,800 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.
