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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   38  29  76%  $4,549,130  $4,014,741  92%   107
 Yaletown 18 7
 39% $2,932,285 $2,744,000 94%  38
 Downtown 12
13
  108% $2,725,384 $2,685,307  98%  31
 West End 6
9
 150% $3,080,666 $3,554,654 93%  46
 Gastown    0 0 0% $0 $0 0%  0
 Totals  74 58
78% $3,830,323 $3,492,006 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  15
16
107%
$2,684,555
$2,498,593
93% 
104
 Yaletown 11
5
45% $2,477,400 $2,373,600 95% 39
 Downtown 8
10
200% $2,565,500 $2,534,000 98% 28
 West End 4
3
75% $2,455,333 $2,285,000 93% 67
 Gastown    0 0 0% $0 $0 0% 0
 Totals  38 34
89% $2,598,849 $2,471,779 95% 69

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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  10
4
40%
$3,706,972
$3,550,000
95% 
12
 Yaletown 3 1 33% $3,390,000 $3,040,000 89% 21
 Downtown 3
3
100% $3,258,333 $3,189,666 97% 39
 West End 1
2
200% $3,819,000 $3,644,444 95% 51
 Gastown    0 0 0% $0 $0 0% 0
 Totals  17
10
59% $3,563,088 $3,409,788 95% 31

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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
4
 100% $4,899,000
$4,612,500
94% 
67
 Yaletown 2
1 25% $4,749,000 $4,300,000 90% 58
 Downtown 0 0 0% $0 $0 0% 0
 West End 1
3
300% $4,591,333 $4,222,666 92% 33
 Gastown    0 0 0% $0 $0 0% 0
 Totals  6
8
133% $4,764,875 $4,427,250 92% 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  10
6
 60% $9,971,333
$8,133,333
87%
203
 Yaletown 2 0 0% $0 $0 0% 0
 Downtown 1 0 0% $0 $0 0% 0
 West End 0
1
0% $5,500,000 $5,180,000 94% 19
 Gastown    0 0 0% $0 $0 0% 0
 Totals  13 7 54% $9,332,571 $7,711,428 88% 177

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