Downtown VE is Vancouver's an active real estate market. With 41 active listings and a 4.9% absorption rate, it is currently a Buyer's Market for condos . The average sold price for a condo in Downtown VE is $947,000 (last 30 days).
| Type | Avg Sold Price | Sold (30d) | Avg DOM | Active | Condition |
|---|---|---|---|---|---|
| Condos | $947,000 | 2 | 70d | 40 | Buyer's Market |
| Houses | — | — | — | — | — |
| Townhouses | — | — | 184d | 1 | Buyer's Market |
Downtown Vancouver East encompasses the revitalized east side of Vancouver's city centre, including the historic Gastown district, Chinatown, and the evolving Railtown neighbourhood. Long undervalued relative to its western counterpart, Downtown VE has experienced significant gentrification and development activity, drawing creative industries, tech startups, restaurants, and boutique retail to its heritage brick streetscapes. Real estate includes character warehouse conversions, heritage lofts, newer concrete condo towers, and mixed-use residential buildings that appeal to artists, young professionals, and lifestyle-conscious buyers. The neighbourhood is served by the Expo Line's Stadium-Chinatown and Main Street-Science World stations, providing rapid transit throughout Metro Vancouver. Ongoing investment and redevelopment in Chinatown and along East Hastings continue to evolve Downtown VE's identity, making it one of Vancouver's most dynamic and value-driven real estate opportunities.
12-month average sold price — Condos vs Houses
Downtown VE is a neighbourhood in Vancouver, BC. The area has 34 tracked residential buildings in the Hani & Les | BC Condos And Homes database. The average year of construction is 2011, reflecting the neighbourhood's development timeline. Condo prices average $947,000 based on recent sales.