Yaletown, Vancouver Market Report – April 2023

Yaletown is one of Vancouver's most sought-after inner-city neighbourhoods, renowned for its converted warehouse lofts, boutique restaurants, and vibrant waterfront lifestyle. Situated along the north shore of False Creek, Yaletown blends heritage industrial architecture with contemporary high-rise condo towers, offering some of the most distinctive real estate in Metro Vancouver. Residents enjoy the Seawall, David Lam Park, and a walkable urban village filled with upscale dining, fitness studios, and designer boutiques along Mainland and Hamilton streets. The neighbourhood is served by the Yaletown–Roundhouse Canada Line station, providing rapid transit access to downtown Vancouver, Richmond, and YVR. Yaletown condos command premium prices reflecting the neighbourhood's lifestyle, location, and prestige, making it a perennial favourite among professionals, downsizers, and international buyers.

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51
Units Sold
$1,259,704
Avg Sold Price
40d
Avg Days on Market
Buyer's Market
Market Condition
2,329 active at start of month 102 new listings Absorption rate: 2.2% Highest sold: $8,000,000 Lowest sold: $580,000

How Does April 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
April 2023 (this report) 51 $1,259,704 40d
March 2023 month prior 46 +10.9% $1,128,276 +11.6% 35d +14.3%
April 2022 year ago 72 -29.2% $1,408,926 -10.6%

3-Year Price Trend — Yaletown, Vancouver

The Yaletown, Vancouver real estate market was a Buyer's Market in April 2023, with 2,329 active listings at the start of the month, 51 properties sold, an average sold price of $1,259,704, properties averaging 40 days on market, an absorption rate of 2.2%. 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 Yaletown, Vancouver specialist
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Frequently Asked Questions — Yaletown, Vancouver April 2023

In April 2023, the Yaletown, Vancouver real estate market is classified as a Buyer's Market with an absorption rate of 2.2%. 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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