Champlain Heights, Vancouver Market Report – May 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.

← April 2023 Next month →
6
Units Sold
$1,016,150
Avg Sold Price
19d
Avg Days on Market
Buyer's Market
Market Condition
73 active at start of month 7 new listings Absorption rate: 8.2% Highest sold: $1,243,000 Lowest sold: $745,000

How Does May 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2023 (this report) 6 $1,016,150 19d
April 2023 month prior 6 +0% $1,192,333 -14.8% 10d +90%
May 2022 year ago 12 -50% $838,958 +21.1%

3-Year Price Trend — Champlain Heights, Vancouver

The Champlain Heights, Vancouver real estate market was a Buyer's Market in May 2023, with 73 active listings at the start of the month, 6 properties sold, an average sold price of $1,016,150, properties averaging 19 days on market, an absorption rate of 8.2%. 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
Get your home value ›

Frequently Asked Questions — Champlain Heights, Vancouver May 2023

In May 2023, the Champlain Heights, Vancouver real estate market is classified as a Buyer's Market with an absorption rate of 8.2%. 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: 06/04/2026   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.

★★★★★ 4.8 / 5  —  700+ Google Reviews Read Reviews →