Champlain Heights, Vancouver Condo Market Report – August 2023

Champlain Heights is a planned residential community in the far southeast corner of Vancouver, BC, adjacent to Fraserview Golf Course and Everett Crowley Park. Developed largely in the 1970s, the neighbourhood features an unusual mix of townhouse cooperatives, strata townhouses, and rental apartment complexes organized around pedestrian pathways and green spaces in a design that prioritized walkability ahead of its time. The area is close to Champlain Mall and has improved transit access via the 49th Avenue bus corridor. Champlain Heights' townhouse cooperatives are particularly unique within Vancouver's housing market, offering ownership at price points well below comparable strata properties. The neighbourhood's mature trees, park access, and community character give it a distinctive identity within East Vancouver.

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3
Units Sold
$740,000
Avg Sold Price
6d
Avg Days on Market
Balanced Market
Market Condition
16 active at start of month 3 new listings Absorption rate: 18.8% Highest sold: $755,000 Lowest sold: $730,000

How Does August 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2023 (this report) 3 $740,000 6d
July 2023 month prior 1 +200% $799,000 -7.4% 4d +50%
August 2022 year ago 1 +200% $655,000 +13%

3-Year Price Trend — Champlain Heights, Vancouver Condo

The Champlain Heights, Vancouver condo real estate market was a Balanced Market in August 2023, with 16 active listings at the start of the month, 3 properties sold, an average sold price of $740,000, properties averaging 6 days on market, an absorption rate of 18.8%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Champlain Heights, Vancouver specialist
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Frequently Asked Questions — Champlain Heights, Vancouver August 2023

In August 2023, the Champlain Heights, Vancouver condo real estate market is classified as a Balanced Market with an absorption rate of 18.8%. The market in Champlain Heights, Vancouver is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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