MARKET INSIGHTS
JANUARY 13, 2022
1432 WEST 32 ND COMPS SOLD $18+ MILLION DOLLAR LISTINGS SINCE 2000 PROPERTY
SOLD PRICE
LIST PRICE
PPSF
SOLD DATE
SQ FT
LOT SZ (SQ FT)
1790 W 38th Avenue, Vancouver, BC
$18,500,000
$22,800,000
$1,838.24
12/24/2013
10,064
24,700
1389 Matthews Avenue, Vancouver, BC
$22,300,000
$26,880,000
$2,228.44
3/3/2016
10,007
23,646
3455 Marpole Avenue, Vancouver, BC
$27,000,000
$28,800,000
$2,247.94
3/7/2016
12,011
41,755
4670 Connaught Drive, Vancouver, BC
$18,500,000
$23,988,800
$1,902.70
6/21/2017
9,723
16,080
3490 Pine Crescent, Vancouver, BC
$26,000,000
$29,980,000
$2,060.39
5/17/2018
12,619
26,808
3738 Selkirk Street, Vancouver, BC
$23,000,000
$23,985,000
$2,249.83
8/23/2020
10,223
32,755
4687 Marguerite Street, Vancouver, BC
$19,150,000
$19,800,000
$2,177.37
5/21/2021
8,795
14,762
1790 W 38th Avenue Vancouver, BC
1389 Matthews Avenue Vancouver, BC
3455 Marpole Avenue Vancouver, BC
3490 Pine Crescent Vancouver, BC
3738 Selkirk Street Vancouver, BC
4687 Marguerite Street Vancouver, BC
4670 Connaught Drive Vancouver, BC
KEY INSIGHTS Absorption Rate Average PPSF 1st Sale to Break $18.5M # Sales w/ Land Size over 20,000 Sq Ft
1.1/yr $2,100 2013 5
Average “Sale-to-Asking Price” Ratio
87.86%
Same Ratio in 2020
95.89%
Same Ratio in 2021
96.72%