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 September 2025: Buyer-Friendly Detached Market
September 2025 showed buyer-friendly conditions for detached homes in False Creek Flats, while the attached housing segment maintained balanced market activity.
Detached Houses:
- Inventory: 78
- Sales: 5
- Sales Ratio: 6.4%
Condos & Townhomes:
- Inventory: 335
- Sales: 52
- Sales Ratio: 15.5%
The detached home market recorded a 6.4% sales ratio, indicating strong buyer advantage. The condo and townhome segment showed more balanced activity with a 15.5% sales ratio.
Neighborhood Market Performance: Strathcona and Hastings Lead Activity
Strathcona: Strong Detached Performance
Strathcona achieved the highest detached housing sales ratio in the region.
Detached Houses:
- Inventory: 3
- Sales: 1
- Sales Ratio: 33.3%
Condos & Townhomes:
- Inventory: 45
- Sales: 7
- Sales Ratio: 15.6%
Detached homes achieved an exceptional 33.3% sales ratio, while attached housing showed balanced activity.
Downtown Eastside: Limited Attached Housing Activity
Downtown Eastside recorded lower activity in its attached housing market.
Detached Houses:
- Inventory: 0
- Sales: 0
- Sales Ratio: 0.0%
Condos & Townhomes:
- Inventory: 41
- Sales: 4
- Sales Ratio: 9.8%
Downtown Eastside consists entirely of condos and townhomes, recording a 9.8% sales ratio.
Grandview-Woodland: Low Activity Across Segments
Grandview-Woodland showed limited sales activity in both housing categories.
Detached Houses:
- Inventory: 47
- Sales: 3
- Sales Ratio: 6.4%
Condos & Townhomes:
- Inventory: 72
- Sales: 6
- Sales Ratio: 8.3%
Both segments recorded lower sales ratios, indicating buyer-friendly conditions.
Hastings: Strong Attached Housing Results
Hastings demonstrated the highest attached housing sales ratio in the area.
Detached Houses:
- Inventory: 14
- Sales: 0
- Sales Ratio: 0.0%
Condos & Townhomes:
- Inventory: 26
- Sales: 6
- Sales Ratio: 23.1%
While no detached home sales occurred, attached housing achieved a strong 23.1% sales ratio.
Mount Pleasant: Solid Attached Housing Activity
Mount Pleasant maintained healthy attached housing performance.
Detached Houses:
- Inventory: 14
- Sales: 1
- Sales Ratio: 7.1%
Condos & Townhomes:
- Inventory: 151
- Sales: 29
- Sales Ratio: 19.2%
Mount Pleasant’s attached housing market achieved a solid 19.2% 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 September 2025 benchmark prices compared:
Vancouver East Market Highlights:
- Detached Homes: Benchmark price at $1,756,800, showing a 1.6% decrease from August and a 5.0% decline year-over-year.
- Townhouses: Benchmark pricing at $1,048,600, reflecting a 2.7% monthly decrease and a 4.3% annual decline.
- Condos: Average pricing at $673,300, showing a 0.1% monthly decrease and a 4.1% year-over-year decrease.
Vancouver West (Westside) Market Highlights:
- Detached Homes: Westside properties averaged $3,232,600, representing a $1.48 million premium over eastside alternatives, with a 1.0% monthly decrease and 6.9% annual decline.
- Townhouses: Vancouver West townhouses averaged $1,373,700, creating a $325,100 price differential, showing a 1.5% monthly decrease and 3.0% annual decline.
- Condos: Vancouver West condos averaged $804,200, showing a $130,900 price differential, with a 5.5% monthly decrease and 4.7% annual decline.
Market Analysis: Price Differential Data
Vancouver East offers a pricing advantage over Vancouver West (Westside) across all housing segments. Detached homes in Vancouver East average 46% less than comparable Vancouver West properties. Townhouses show a $325,100 price differential, while condos show a $130,900 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.
