What Your Budget Buys in Yaletown Right Now

Yaletown listings run from $135,000 at the low end to $6,798,000 at the top, and where you land in that range decides what kind of home you get. There are 125 active listings right now. The median asks $1,048,000. Under half a million, you are looking at one of eight listings, mostly studios and smaller units. Push toward $1. 25 million and two-bedroom condos open up, the biggest group at 61 listings. Cross $2 million and three-bedroom homes come into play. Condos make up 92 percent of what is for sale, so your budget is really choosing a floorplan and a building. The median home was built in 2002 and runs about 1,008 square feet.

The $1M to $1. 5M band holds 38 listings, more than any other price range in Yaletown. That is where your choice is widest. Two-bedroom condos carry a median of $1,249,950, which puts most of them right inside this band. Step down to the $500K to $750K range and you find 25 listings, matching the count in the $750K to $1M band above it. One-bedroom units sit at a median of $691,950, so that lower band is where they cluster. Studios come cheaper, seven of them at a median of $424,988. Go higher and the field thins. The $1. 5M to $2. 5M range holds 21 listings, and this is where three-bedroom homes appear, with 19 of them across the neighbourhood at a median of $1,999,000. Above $2. 5 million you are down to eight listings. So the money buys square footage and bedroom count in fairly clean steps. The busiest ground is the middle, and that is worth knowing before you set a ceiling.

Once you know your band, go see what sits in it. Pull the strata fees before you fall for a place. The median runs $733 a month, and that number shifts your real cost more than most buyers expect. Vancouver House has nine active listings, the most of any building, so it is a fair place to start reading how one address prices its stock. Book three viewings in your band. Walk them back to back. The differences show up fast.