Champlain Heights, Vancouver Condo Market Report – May 2022

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
$728,667
Avg Sold Price
22d
Avg Days on Market
Strong Seller's Market
Market Condition
11 active at start of month 3 new listings Absorption rate: 27.3% Highest sold: $795,000 Lowest sold: $626,000

How Does May 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2022 (this report) 3 $728,667 22d
April 2022 month prior 1 +200% $933,800 -22% 10d +120%
May 2021 year ago 5 -40% $780,800 -6.7%

3-Year Price Trend — Champlain Heights, Vancouver Condo

The Champlain Heights, Vancouver condo real estate market was a Strong Seller's Market in May 2022, with 11 active listings at the start of the month, 3 properties sold, an average sold price of $728,667, properties averaging 22 days on market, an absorption rate of 27.3%. 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 May 2022

In May 2022, the Champlain Heights, Vancouver condo real estate market is classified as a Strong Seller's Market with an absorption rate of 27.3%. It is currently a strong seller's market in Champlain Heights, Vancouver, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. 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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