Downtown VW, Vancouver Townhouse Market Report – February 2021

Downtown Vancouver West is the vibrant commercial and residential core of Metro Vancouver, encompassing the central business district, Robson Street shopping, the waterfront, and some of the city's highest-density residential real estate. The neighbourhood is defined by a dense mix of high-rise condominiums, luxury rentals, heritage lofts, and mixed-use towers catering to a cosmopolitan urban population. World-class restaurants, performing arts venues including the Queen Elizabeth Theatre and the Orpheum, major hotels, and an unrivalled retail corridor make Downtown VW one of Canada's most liveable urban cores. The Canada Line, Expo Line, and SeaBus provide exceptional transit access to Richmond, Burnaby, North Vancouver, and YVR. Downtown Vancouver West condos command strong prices driven by sustained demand from professionals, international buyers, and investors seeking high-yield rentals in one of North America's most globally recognized cities.

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6
Units Sold
$1,067,636
Avg Sold Price
24d
Avg Days on Market
Balanced Market
Market Condition
32 active at start of month 6 new listings Absorption rate: 18.8% Highest sold: $1,253,818 Lowest sold: $899,000

How Does February 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2021 (this report) 6 $1,067,636 24d

3-Year Price Trend — Downtown VW, Vancouver Townhouse

The Downtown VW, Vancouver townhouse real estate market was a Balanced Market in February 2021, with 32 active listings at the start of the month, 6 properties sold, an average sold price of $1,067,636, properties averaging 24 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 Downtown VW, Vancouver specialist
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Frequently Asked Questions — Downtown VW, Vancouver February 2021

In February 2021, the Downtown VW, Vancouver townhouse real estate market is classified as a Balanced Market with an absorption rate of 18.8%. The market in Downtown VW, 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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