Champlain Heights, Vancouver Market Report – December 2021

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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4
Units Sold
$878,750
Avg Sold Price
43d
Avg Days on Market
Buyer's Market
Market Condition
45 active at start of month 3 new listings Absorption rate: 8.9% Highest sold: $920,000 Lowest sold: $840,000

How Does December 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
December 2021 (this report) 4 $878,750 43d
November 2021 month prior 7 -42.9% $1,134,743 -22.6% 10d +330%
December 2020 year ago 5 -20% $655,400 +34.1%

3-Year Price Trend — Champlain Heights, Vancouver

The Champlain Heights, Vancouver real estate market was a Buyer's Market in December 2021, with 45 active listings at the start of the month, 4 properties sold, an average sold price of $878,750, properties averaging 43 days on market, an absorption rate of 8.9%. 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 December 2021

In December 2021, the Champlain Heights, Vancouver real estate market is classified as a Buyer's Market with an absorption rate of 8.9%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. 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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