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 June 2025: Balanced Market Conditions Continue
June 2025 brought balanced market conditions to False Creek Flats, with the attached housing segment recording higher sales ratios than detached homes. The condo and townhome market demonstrated stronger sales activity relative to available inventory.
Detached Houses:
- Inventory: 76
- Sales: 11
- Sales Ratio: 14.5%
Condos & Townhomes:
- Inventory: 349
- Sales: 69
- Sales Ratio: 19.8%
The detached home market in False Creek Flats maintained balanced conditions, offering buyers good selection and negotiating power. Meanwhile, the condo and townhome segment approached seller’s market territory, reflecting strong buyer interest in urban living options.
Neighborhood Market Performance: Mount Pleasant Leads Sales Activity
Strathcona: Attached Housing Shows Activity
Strathcona’s market demonstrated focused activity in the attached housing segment.
Detached Houses:
- Inventory: 6
- Sales: 0
- Sales Ratio: 0%
Condos & Townhomes:
- Inventory: 50
- Sales: 10
- Sales Ratio: 20%
The attached housing market showed solid activity, while detached homes experienced no sales during June.
Downtown Eastside: Steady Attached Housing Activity
Downtown Eastside showed consistent activity in its attached housing market.
Detached Houses:
- Inventory: 0
- Sales: 0
- Sales Ratio: 0%
Condos & Townhomes:
- Inventory: 49
- Sales: 8
- Sales Ratio: 16.3%
Downtown Eastside consists entirely of condos and townhomes, with no detached housing inventory.
Grandview-Woodland: Strong Attached Housing Performance
Grandview-Woodland showed robust activity in both housing segments.
Detached Houses:
- Inventory: 44
- Sales: 5
- Sales Ratio: 11.4%
Condos & Townhomes:
- Inventory: 59
- Sales: 18
- Sales Ratio: 30.5%
The attached housing market demonstrated strong buyer activity with an almost 31% sales ratio.
Hastings: Active Market Across Both Segments
Hastings demonstrated solid sales activity in both housing categories.
Detached Houses:
- Inventory: 12
- Sales: 2
- Sales Ratio: 16.7%
Condos & Townhomes:
- Inventory: 21
- Sales: 6
- Sales Ratio: 28.6%
Both housing segments showed healthy sales ratios, with attached homes reaching almost 29%.
Mount Pleasant: Leading Market Activity
Mount Pleasant recorded the highest sales activity among the False Creek Flats neighborhoods.
Detached Houses:
- Inventory: 14
- Sales: 4
- Sales Ratio: 28.6%
Condos & Townhomes:
- Inventory: 170
- Sales: 27
- Sales Ratio: 15.9%
Mount Pleasant’s detached market achieved an almost 29% sales ratio, while the large condo and townhome inventory provided substantial buyer selection.
Price Analysis: Vancouver East vs. Vancouver West Comparison
False Creek Flats, located within Vancouver East, shows significant price differences compared to Vancouver West (Westside) properties. Here’s how June 2025 benchmark prices compared:
Vancouver East Market Highlights:
- Detached Homes: Benchmark price reached $1,831,800 in the eastside market.
- Townhouses: Benchmark pricing at $1,104,400 for attached housing options.
- Condos: Average pricing at $686,500 for condominium properties.
Vancouver West (Westside) Market Highlights:
- Detached Homes: Westside properties averaged $3,399,000, representing a $1.57 million premium over eastside alternatives.
- Townhouses: Vancouver West townhouses averaged $1,432,300, creating a $327,900 price differential.
- Condos: Vancouver West condos averaged $824,500, showing a $138,000 price differential.
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 $327,900 price differential, while condos show a $138,000 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.
