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Vancouver Penthouse and Luxury Condominium Monthly Update

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.

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$2,000,000 & Up Statistics for Downtown Vancouver Penthouses and Luxury Condos 

  Active Listings    2014 Sales    Probability of Selling   Av List Price   Av Sale Price   Sales % Ratio   Av Days 
 Coal Harbour   43  11  26%  $3,490,171  $3,228,181  92%   105
 Yaletown 14 3
21% $3,316,000 $3,089,333 93%  49
 Downtown 7
7
100% $2,526,428 $2,502,142  96%  37
 West End 10 2
20% $4,093,000 $3,794,000 92%  48
 Gastown    0 0 0% $0 $0 0%  0
 Totals  74 23
31% $3,226,560 $3,038,304 90%  72

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$2,000,000 to $3,000,000 Statistics for Downtown Penthouses and Luxury Condos 

  Active Listings    2014 Sales    Probability of Selling   Av List Price   Av Sale Price   Sales % Ratio   Av Days 
 Coal Harbour  20
7
35%
$2,733,428
$2,465,714
90% 
121
 Yaletown 5
2
40% $2,599,500 $2,484,000 95% 45
 Downtown 4
7
175% $2,526,428 $2,502,142 98% 37
 West End 6
0 0% $0 $0 0% 0
 Gastown    0 0 0% $0 $0 0% 0
 Totals  35 16
46% $2,626,125 $2,483,937 95% 74

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$3,000,000 to $4,000,000 Statistics for Downtown Penthouses and Luxury Condos

  Active Listings    2014 Sales    Probability of Selling   Av List Price   Av Sale Price   Sales % Ratio   Av Days 
 Coal Harbour  11
2
18%
$3,744,944
$3,625,000
96% 
16
 Yaletown 3 0 0% $0 $0 0% 0
 Downtown 1
0 0% $0 $0 0% 0
 West End 2
1 100% $3,688,000 $3,400,000 92% 48
 Gastown    0 0 0% $0 $0 0% 0
 Totals  17 3 18% $3,725,962 $3,550,000 95% 27

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$4,000,000 to $5,000,000 Statistics for Downtown Penthouses and Luxury Condos

  Active Listings    2014 Sales    Probability of Selling   Av List Price   Av Sale Price   Sales % Ratio   Av Days 
 Coal Harbour  5
0
 0% $0
$0
0% 
0
 Yaletown 4 1 25% $4,749,000 $4,300,000 90% 58
 Downtown 0 0 0% $0 $0 0% 0
 West End 1 1 100% $4,498,000 $4,188,000 93% 49
 Gastown    0 0 0% $0 $0 0% 0
 Totals  10 2 20% $4,623,500 $4,244,000 91% 53

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$5,000,000 & Up Statistics for Downtown Penthouses and Luxury Condos

  Active Listings    2014 Sales    Probability of Selling   Av List Price   Av Sale Price   Sales % Ratio   Av Days 
 Coal Harbour  7
2
 29% $5,884,000
$5,500,000
93%
139
 Yaletown 2 0 0% $0 $0 0% 0
 Downtown 2 0 0% $0 $0 0% 0
 West End 1 0 0% $0 $0 0% 0
 Gastown    0 0 0% $0 $0 0% 0
 Totals  12 2 17% $5,884,000 $5,500,000 93% 139

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