Oakridge VW, Vancouver Townhouse Market Report – October 2020

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.

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3
Units Sold
$1,443,667
Avg Sold Price
19d
Avg Days on Market
Balanced Market
Market Condition
17 active at start of month 4 new listings Absorption rate: 17.6% Highest sold: $1,628,000 Lowest sold: $1,203,000

How Does October 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
October 2020 (this report) 3 $1,443,667 19d
September 2020 month prior 3 +0% $1,589,333 -9.2% 114d -83.3%

3-Year Price Trend — Oakridge VW, Vancouver Townhouse

The Oakridge VW, Vancouver townhouse real estate market was a Balanced Market in October 2020, with 17 active listings at the start of the month, 3 properties sold, an average sold price of $1,443,667, properties averaging 19 days on market, an absorption rate of 17.6%. 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 Oakridge VW, Vancouver specialist
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Frequently Asked Questions — Oakridge VW, Vancouver October 2020

In October 2020, the Oakridge VW, Vancouver townhouse real estate market is classified as a Balanced Market with an absorption rate of 17.6%. The market in Oakridge VW, Vancouver is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/05/2026   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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