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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   27  53  196%  $4,401,718  $3,933,629  92%   94
 Yaletown 15 17
 113% $2,965,058 $2,830,352 95%  54
 Downtown 18
17
  94% $2,709,588 $2,674,764  98%  35
 West End 7
10
 143% $3,675,300 $3,429,188 93%  43
 Gastown    0 0 0% $0 $0 0%  0
 Totals  67 97
145% $3,778,485 $3,467,642 94%  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  8 29
363%
$2,674,023
$2,493,810
93% 
84
 Yaletown 7
11
157% $2,464,727 $2,386,909 96% 36
 Downtown 10
13
130% $2,538,307 $2,508,615 98% 24
 West End 4
4
75% $2,460,250 $2,288,750 93% 53
 Gastown    0 0 0% $0 $0 0% 0
 Totals  29 57
197% $2,587,678 $2,462,166 95% 59

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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  7
9
129%
$3,661,757
$3,486,362
95% 
72
 Yaletown 3 4 133% $3,461,500 $3,257,500 94% 115
 Downtown 5
4
80% $3,266,250 $3,214,750 98% 70
 West End 2
2
200% $3,819,000 $3,644,444 95% 51
 Gastown    0 0 0% $0 $0 0% 0
 Totals  17
19
112% $3,661,757 $3,486,362 95% 72

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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  3
5
 167% $4,816,800
$4,550,000
94% 
64
 Yaletown 3
2  67% $4,724,000 $4,415,000 93% 34
 Downtown 0 0 0% $0 $0 0% 0
 West End 0
3
300% $4,591,333 $4,222,666 92% 33
 Gastown    0 0 0% $0 $0 0% 0
 Totals  6
10
167% $4,730,600 $4,424,800 93% 48

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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  9
11
 122% $9,265,090
$7,758,989
87%
166
 Yaletown 2 0 0% $0 $0 0% 0
 Downtown 3 0 0% $0 $0 0% 0
 West End 1
1
100% $5,500,000 $5,180,000 94% 19
 Gastown    0 0 0% $0 $0 0% 0
 Totals  15 12 80% $8,951,333 $7,544,074 88% 154

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