Downtown East Village
Downtown East Village

Downtown East Village Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

5

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

43

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

55

New

23(-30.30% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 48, in 2023: 34, in 2022: -

Total Sold Listings*

11

Median Sold Price

$380,000

Avg Days on Market

43 days

Median Bidding

-$6,400

Compared to number of sold, same period, in 2024: 21, in 2023: 13, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Downtown East Village - All types

Sold vs Active vs New vs Relisted - Downtown East Village - All types

Sold Price Distribution - Downtown East Village - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Downtown East Village - All types

Property type distribution based on data from the last 3 months.

Median Price - Downtown East Village - All types

Population and Demographics

Overview

Total population 1736
Average household income $108,179

Age (%)

20 to 34
35%
35 to 49
21%
65 and plus
20%
50 to 64
17%
0 to 19
6%

Household composition (%)

Single person
65%
Single family
29%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
71%
Yue (Cantonese)
7%
Mandarin
4%
Spanish
3%
Arabic
2%
French
2%
Tagalog (Pilipino, Filipino)
2%
Korean
2%
Vietnamese
1%
Others
0%

House tenancy (%)

Renters
74%
Owners
26%

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

4/5

All day-to-day needs are within walking distance

Transit Friendly

4/5

Transit is available for most trips

Shopping, Food and Nightlife

Cafes

4/5

Variety of cafés within walking distance

Groceries

5/5

At least one grocery store within a few minutes' walk

Nightlife

3/5

Some bars within walking distance

Shopping

4/5

Variety of shops within a few minutes' walk

Restaurants

4/5

Variety of restaurants within walking distance