Harbourside is a developing waterfront community in North Vancouver known for its scenic views, modern developments, and proximity to various amenities. Here are some key real estate statistics and trends for the Harbourside area as of July 2024. Monthly MLS housing reports can be found here: Greater Vancouver Realtors
Market Trends
Price Growth: The Harbourside area has seen significant price growth over the past few years due to ongoing developments and its desirable waterfront location.
Demand: There is high demand for properties in Harbourside, especially for new and modern condos and townhouses.
Days on Market
Condos and Townhouses: Average 20 to 40 days
High-demand Properties: Some well-priced properties can sell in under 20 days.
Inventory Levels
Current Inventory: Inventory levels are relatively low, contributing to a seller’s market. New listings are typically absorbed quickly.
New Developments: Several new residential and mixed-use developments are underway, which will add to the housing stock and attract more buyers.
Sales Volume
Turnover Rate: Properties in Harbourside tend to sell quickly, often within a few weeks of listing, reflecting the strong demand and limited supply.
Sales Activity: Sales activity is robust, with a higher volume during the spring and summer months.
Community and Amenities
Lifestyle: Harbourside offers a vibrant waterfront lifestyle with easy access to parks, marinas, shopping, and dining options. The area is designed to be walkable and bike-friendly.
Recreational Opportunities: Residents enjoy proximity to the Spirit Trail, a waterfront path perfect for walking, jogging, and cycling.
Transportation: Excellent public transit options, including nearby bus routes and proximity to the SeaBus terminal, provide easy access to downtown Vancouver.
Commercial Spaces: Harbourside is also known for its commercial spaces, making it a convenient area for those who work nearby.