False Creek, Vancouver Market Report – January 2023

False Creek is an active real estate 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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14
Units Sold
$826,500
Avg Sold Price
34d
Avg Days on Market
Buyer's Market
Market Condition
719 active at start of month 44 new listings Absorption rate: 1.9% Highest sold: $1,193,000 Lowest sold: $575,000

How Does January 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
January 2023 (this report) 14 $826,500 34d
December 2022 month prior 8 +75% $1,419,313 -41.8% 43d -20.9%
January 2022 year ago 31 -54.8% $1,000,613 -17.4%

3-Year Price Trend — False Creek, Vancouver

The False Creek, Vancouver real estate market was a Buyer's Market in January 2023, with 719 active listings at the start of the month, 14 properties sold, an average sold price of $826,500, properties averaging 34 days on market, an absorption rate of 1.9%. 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 False Creek, Vancouver specialist
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Frequently Asked Questions — False Creek, Vancouver Market

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.

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