Ian Watt Personal Real Estate Corporation - Sutton Group West Coast Realty

Vancouver Penthouse and Luxury Condominium Monthly Update

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Welcome to Vancouver-Penthouse.com, a website dedicated to showcasing luxury apartment condominium and high-rise penthouses for sale in Downtown Vancouver, Canada.

To help you better understand what is happening in the luxury market, we have broken down the 5 areas that make up the Downtown core (Yaletown, Downtown, Gastown, Coal Harbour, and the West End) in to 4 price bands ($2 to $3 million, $3 to $4 million, $4 to $5 million, and $5 million and up).

As of July 1, 2013 there were 102 actively luxury listings (starting at $2,000,000) and year to date there have been 41 sales in the Downtown core.

Statistics for Downtown Vancouver Penthouses and Luxury Condos




$1,000,000 and up
Active Listings 2015 Sales Probability of Selling Av List Price Av Sale Price Sales % Ratio Av Days
Coal Harbour 26
66
254% $1,451,187 $1,403,173 96% 32
Yaletown 26
83
319% $1,362,853 $1,344,908 98% 27
Downtown 25
54
216% $1,398,304 $1,360,020 97% 67
West End 20
61
305% $1,377,508 $1,334,031 97% 42
Gastown 1
2 33% $1,538,400 $1,440,000 93% 64
Totals 98
266
271% $1,396,648 $1,360,653 97% 40
$2,000,000 to $3,000,000
Active Listings 2015 Sales Probability of Selling Av List Price Av Sale Price Sales % Ratio Av Days
Coal Harbour 5
17 340% $2,593,647 $2,489,362 96% 37
Yaletown 11
15 136% $2,550,933 $2,433,333 95% 27
Downtown 11 13
118% $2,597,307 $2,499,425 96% 62
West End 5
5
100% $2,336,377 $2,207,200 94% 13
Gastown 0 1 0% $2,288,000 $2,175,000 95% 12
Totals 32 51
159% $2,550,801 $2,441,628 96% 37
$3,000,000 to $4,000,000
Active Listings 2015 Sales Probability of Selling Av List Price Av Sale Price Sales % Ratio Av Days
Coal Harbour 9
13
144% $3,591,384 $3,404,230 94% 56
Yaletown 1
5
500% $3,746,800 $3,591,200 94% 78
Downtown 2
6
300% $3,272,166 $3,206,666 98% 67
West End 1 4 400% $3,782,200 $3,559,500 94% 21
Gastown 0 0 0% $0 $0 0% 0
Totals 13 28 215% $3,577,992 $3,417,464 95% 57
$4,000,000 to $5,000,000
Active Listings 2015 Sales Probability of Selling Av List Price Av Sale Price Sales % Ratio Av Days
Coal Harbour 5
3
50% $4,726,000 $4,370,000 92% 47
Yaletown 6
6
100% $4,504,499 $4,315,000 95% 41
Downtown 1
0 0% $0 $0 0% 0
West End 2
0 0% $0 $0 0% 0
Gastown 0 0 0% $0 $0 0% 0
Totals 14 9
50% $4,578,333 $4,333,333 94% 43
$5,000,000 and up
Active Listings 2015 Sales Probability of Selling Av List Price Av Sale Price Sales % Ratio Av Days
Coal Harbour 11
7
64% $5,776,698 $5,424,000 92% 47
Yaletown 1
3
300% $6,906,266 $6,073,333 88% 123
Downtown 6
3
50% $7,506,000 $6,966,666 98% 59
West End 3
0 0% $0 $0 0% 0
Gastown 0 0 0% $0 $0 0% 0
Totals 21
13
62% $6,332,591 $5,929,846 93% 68

Downtown

#Penthouse 2307 - 938 Smithe Street

$988,000

  • 1,100 sq.ft.
  • 2 Bedroom and Office bed
  • 2 full & 1 half baths

Yaletown

#Sub Penthouse 2702 - 638 Beach Crescent

$1,500,000

  • 1,327 sq.ft.
  • 2 Bedroom and Office bed
  • 2 full baths

Downtown

#Penthouse 2311 - 938 Smithe Street

$899,000

  • 1,100 sq.ft.
  • 3 bed
  • 2 full & 1 half baths

West End

#Sub Penthouse 1101 - 789 Jervis Street

$2,000,000

  • 2,605 sq.ft.
  • 4 bed
  • 3 full & 1 half baths

Fairview

#Sub Penthouse 1506 - 1068 Broadway

$699,000

  • 895 sq.ft.
  • 2 bed
  • 2 full baths

Yaletown

#Penthouse 1 - 789 Drake Street

$568,000

  • 823 sq.ft.
  • 2 bed
  • 2 full baths

Yaletown

#Townhouse - 515 Beach Crescent

$2,500,000

  • 2,650 sq.ft.
  • 3 bed
  • 3 full & 1 half baths

Edmonds Station

#PH3 - 6888 Station Hill

$765,000

  • 1,550 sq.ft.
  • 2 bed
  • 2 full baths

New Westminster Quay

#Penthouse 3 - 1245 Quayside Drive

$898,000

  • 2,248 sq.ft.
  • 3 bed
  • 3 full & 1 half baths

Yaletown

#Townhouse - 505 Beach Crescent

$2,500,000

  • 2,650 sq.ft.
  • 3 bed
  • 3 full & 1 half baths

Downtown / Tinsletown

#601 - 188 Keefer Place

$369,900

  • 649 sq.ft.
  • 1 Bedroom and Den bed
  • 1 full bath
  • Listing Provided by:
    IanWatt.ca

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