Fairview VW, Vancouver Condo Market Report – August 2020

Fairview is a centrally located westside Vancouver neighbourhood nestled between Broadway and the False Creek shoreline, offering an appealing mix of urban convenience and residential calm. The neighbourhood's real estate ranges from mid-rise and high-rise condominiums along the Broadway corridor to character houses, half-duplexes, and boutique low-rise buildings on quieter side streets south of Broadway. Fairview is home to Vancouver General Hospital and a significant health sciences campus, making it a prime address for medical professionals and healthcare workers. The Broadway-City Hall and Broadway-Commercial SkyTrain stations and numerous bus routes along Broadway and Cambie provide excellent transit connectivity. South Granville's galleries, fine dining, and specialty retailers are within walking distance, while the False Creek Seawall offers recreational access to Science World, Granville Island, and beyond. Fairview remains one of Vancouver's most liveable and professionally oriented westside communities.

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41
Units Sold
$987,361
Avg Sold Price
18d
Avg Days on Market
Strong Seller's Market
Market Condition
100 active at start of month 51 new listings Absorption rate: 41% Highest sold: $3,980,000 Lowest sold: $410,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 41 $987,361 18d
July 2020 month prior 36 +13.9% $876,917 +12.6% 21d -14.3%

3-Year Price Trend — Fairview VW, Vancouver Condo

The Fairview VW, Vancouver condo real estate market was a Strong Seller's Market in August 2020, with 100 active listings at the start of the month, 41 properties sold, an average sold price of $987,361, properties averaging 18 days on market, an absorption rate of 41%. 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 Fairview VW, Vancouver specialist
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Frequently Asked Questions — Fairview VW, Vancouver August 2020

In August 2020, the Fairview VW, Vancouver condo real estate market is classified as a Strong Seller's Market with an absorption rate of 41%. It is currently a strong seller's market in Fairview VW, 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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