23
$2,958,000
$1,314/sqft
4 bd · 2 ba · 2,251 sqft
2323 23rd Avenue
Vancouver · Single Family Residence
Listed by RE/MAX Select PropertiesMLS® R3124374
Vancouver neighbourhood
Arbutus homes for sale
39 listings, median $3,390,000. 144% above the Vancouver median.
- Median asking
- $3.39M
- Asking range
- $1.19M to $9.39M
- Versus the Vancouver median
- +144%
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- Median asking
- $3.39M
- Asking range
- $1.19M to $9.39M
- Versus the Vancouver median
- +144%
Arbutus homes for sale
39 active listingsOpen these Arbutus homes on the map
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38
$5,888,000
$1,401/sqft
5 bd · 5 ba · 4,203 sqft
3705 Puget Drive
Vancouver · Single Family Residence
Listed by Icon&co. Boutique Inc.MLS® R3113197
40
$4,988,000
$965/sqft
6 bd · 8 ba · 5,169 sqft
2817 Oliver Crescent
Vancouver · Single Family Residence
Listed by RE/MAX Crest RealtyMLS® R3106742
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).
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Arbutus questions
Detached listings make up 79% of what is for sale in Arbutus (31 of 39 listings), with a median asking price of $4M. Half-duplex listings are next at 15%, typically asking $2.57M.
For context across Vancouver: Downtown VW (median $750K), West End VW (median $927K), Yaletown (median $1.05M). Arbutus carries the highest median asking price of this group. Comparing a few adjacent areas is often the fastest way to see whether a listing is priced with its street or against it.
About Arbutus
- Typical year built
- 2011
- Median living area
- 3,223 sq ft
- Median walk score
- 51 of 100
- Postal areas covered
- V6L, V6J
What kind of homes are in Arbutus?
Arbutus is a detached-house neighbourhood. 79% of the homes on the market are single-family houses on their own lot, so the supply is set by how many owners decide to sell in a given season.
The next largest group is half duplexes, at 15% of what is listed.
Construction dates are spread out. The median home for sale dates to 2011, with most of the market falling between 1947 and 2026, so condition and updates vary a lot from listing to listing.
37% of the current listings were built in the last five years, so new-construction inventory is a real option here rather than an exception.
What do you actually get for the money?
87% of the homes for sale have four or more bedrooms, with the 5-bedroom plan the most common of all. Family-sized space is the norm rather than the premium option.
A typical listing here offers about 3,223 sq ft of living space and 5 bathrooms.
Where a lot is reported, the median is 6,100 sq ft, which is what sets the ceiling on additions, laneway homes and future redevelopment.
54% of the listings report a finished basement, which in this city usually means either extra family space or a mortgage helper.
Enclosed parking is standard: 87% of listings include a garage.
Strata or freehold?
21% of the active listings are strata-titled and the rest are freehold, so the ownership question is a live one in Arbutus rather than settled by the neighbourhood.
Getting around Arbutus
There is no rapid-transit station in Arbutus, but 79% of the listings are within reach of a frequent bus route.
Across 37 scored listings the median walk score is 51 out of 100, computed from real walking routes. Day-to-day errands here usually involve a drive or a bus.
Cycling scores better than walking in a lot of the city, and it does here too: the median bike score across scored listings is 80.
Setting and surroundings
A view is claimed on 46% of the listings. Views are priced aggressively and are the first thing a new tower can take away, so it is worth checking what protects one before you pay for it.
79% of the listings fall near a top-ranked school catchment, which tends to hold value in this part of the market even when the wider market cools.
What can you buy at each price point in Arbutus?
- $750K to $1.5M2 active listings
- Over $1.5M37 active listings
Sold and off-market numbers
Other Vancouver neighbourhoods
Prepared by
Written and maintained by Ray Rasouli, REALTOR®, licensed in British Columbia and founder of Relta Real Estate.
Data
Source: MLS® listing data from BC real estate boards (MLS® Reciprocity) and CREA's DDF®. Figures are asking prices on active MLS® listings filed under this MLS® area. They are not sold prices.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).
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