Mount Pleasant VE, Vancouver Townhouse Market Report – July 2021

Mount Pleasant East is one of Vancouver's most creative and rapidly evolving eastside neighbourhoods, celebrated for its thriving arts and tech scene, independent restaurants, coffee shops, and craft breweries. Situated on a gentle rise between Main Street and Commercial Drive, the neighbourhood has transitioned from a light-industrial heritage to become one of Vancouver's most sought-after communities for young professionals and urban families. Real estate in Mount Pleasant East includes character houses, heritage duplexes, newer townhomes, and a growing number of concrete condo towers along key arterials. The Main Street-Science World SkyTrain station and multiple bus routes along Main and Broadway provide excellent transit access to downtown Vancouver and the rest of the city. Mount Pleasant East's combination of authenticity, community spirit, and strong real estate appreciation makes it one of Vancouver's most exciting inner-city investment markets.

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7
Units Sold
$1,220,643
Avg Sold Price
15d
Avg Days on Market
Buyer's Market
Market Condition
70 active at start of month 9 new listings Absorption rate: 10% Highest sold: $1,425,000 Lowest sold: $862,500

How Does July 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
July 2021 (this report) 7 $1,220,643 15d
June 2021 month prior 6 +16.7% $1,238,000 -1.4% 29d -48.3%
July 2020 year ago 8 -12.5% $1,161,250 +5.1%

3-Year Price Trend — Mount Pleasant VE, Vancouver Townhouse

The Mount Pleasant VE, Vancouver townhouse real estate market was a Buyer's Market in July 2021, with 70 active listings at the start of the month, 7 properties sold, an average sold price of $1,220,643, properties averaging 15 days on market, an absorption rate of 10%. 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 Mount Pleasant VE, Vancouver specialist
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Frequently Asked Questions — Mount Pleasant VE, Vancouver July 2021

In July 2021, the Mount Pleasant VE, Vancouver townhouse real estate market is classified as a Buyer's Market with an absorption rate of 10%. 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: 06/03/2026   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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