Point Grey, Vancouver Condo Market Report – February 2022

Point Grey is one of Vancouver's most prestigious and storied westside neighbourhoods, home to the University of British Columbia and bordered by the Pacific Ocean, English Bay, and Pacific Spirit Regional Park. The neighbourhood's real estate is defined by some of Vancouver's most impressive and expensive single-family homes, including heritage mansions, custom contemporary residences, and landmark waterfront estates on streets like Northwest Marine Drive and Chancellor Boulevard. While detached homes dominate, a selection of character lowrises and condos along 10th Avenue and Sasamat Street serve apartment-focused buyers. Point Grey's proximity to UBC's academic and cultural resources, the Museum of Anthropology, Wreck Beach, and Jericho Beach gives it an unmatched combination of natural beauty and intellectual vitality. Point Grey consistently ranks among the highest-valued real estate markets in Metro Vancouver and Canada as a whole.

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4
Units Sold
$848,625
Avg Sold Price
61d
Avg Days on Market
Buyer's Market
Market Condition
65 active at start of month 4 new listings Absorption rate: 6.2% Highest sold: $1,350,700 Lowest sold: $407,500

How Does February 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2022 (this report) 4 $848,625 61d
January 2022 month prior 1 +300% $1,288,000 -34.1% 4d +1425%
February 2021 year ago 4 +0% $969,750 -12.5%

3-Year Price Trend — Point Grey, Vancouver Condo

The Point Grey, Vancouver condo real estate market was a Buyer's Market in February 2022, with 65 active listings at the start of the month, 4 properties sold, an average sold price of $848,625, properties averaging 61 days on market, an absorption rate of 6.2%. 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 Point Grey, Vancouver specialist
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Frequently Asked Questions — Point Grey, Vancouver February 2022

In February 2022, the Point Grey, Vancouver condo real estate market is classified as a Buyer's Market with an absorption rate of 6.2%. 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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