False Creek, Vancouver Condo Market Report – May 2021

False Creek is an active condo market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for False Creek based on MLS® data.

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35
Units Sold
$879,249
Avg Sold Price
12d
Avg Days on Market
Balanced Market
Market Condition
285 active at start of month 57 new listings Absorption rate: 12.3% Highest sold: $1,605,000 Lowest sold: $575,000

How Does May 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2021 (this report) 35 $879,249 12d
April 2021 month prior 45 -22.2% $842,658 +4.3% 17d -29.4%
May 2020 year ago 9 +288.9% $1,062,556 -17.3%

3-Year Price Trend — False Creek, Vancouver Condo

The False Creek, Vancouver condo real estate market was a Balanced Market in May 2021, with 285 active listings at the start of the month, 35 properties sold, an average sold price of $879,249, properties averaging 12 days on market, an absorption rate of 12.3%. 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 False Creek, Vancouver specialist
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Frequently Asked Questions — False Creek, Vancouver May 2021

In May 2021, the False Creek, Vancouver condo real estate market is classified as a Balanced Market with an absorption rate of 12.3%. The market in False Creek, 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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