Oakridge is a prime westside Vancouver neighbourhood centred around the transforming Oakridge Centre site, set to become one of Metro Vancouver's most ambitious mixed-use developments featuring residential towers, retail, office space, and parks upon a former shopping mall site. The neighbourhood is served by the Oakridge-41st Avenue Canada Line station, making it one of the most transit-convenient addresses in all of Vancouver. Current real estate includes established detached single-family homes on generous westside lots, older apartment buildings, and newer condos that will be complemented by thousands of additional units as the Oakridge redevelopment matures. Cambie Street's Corridor Plan has driven consistent new development throughout Oakridge, reinforcing its position as one of Vancouver's fastest-appreciating westside real estate markets. Excellent schools, including Eric Hamber Secondary, and proximity to Queen Elizabeth Park strengthen the neighbourhood's appeal to families.
| Period | Units Sold | Avg Sold Price | Avg DOM |
|---|---|---|---|
| August 2024 (this report) | 5 | $1,225,600 | 33d |
| July 2024 month prior | 8 -37.5% | $1,478,975 -17.1% | 64d -48.4% |
| August 2023 year ago | 7 -28.6% | $1,585,543 -22.7% | — |
In August 2024, the Oakridge VW, Vancouver real estate market is classified as a Buyer's Market with an absorption rate of 1.1%. 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: 06/04/2026 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.