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What Vancouver penthouses sold for

Vancouver condos sold, penthouses and all condos
MeasurePenthousesAll condos
Sales2543,595
Median price$940,000$733,500
Middle half of prices$689,375 to $1,367,250$585,000 to $980,000
Price per square foot$1,006$972
Median floor area938 sq ft798 sq ft
Median bedrooms22
Median year built20042005
Strata fee a month$620$538
Days to sell1821
Sold price as a share of list price97.4%97.1%
Sales over the list price11%8%

Source: Paragon closed and pending sales, November 1, 2025 to October 31, 2026. How these figures are defined and sourced

Per square foot a penthouse cost $1,006, which is 3% more than the $972 for condos as a whole. The typical penthouse was 938 square feet, against 798 for all condos; its strata fee ran $620 a month against $538. The penthouses were larger, so part of the price gap is size.

Vancouver penthouses sold, by period
PeriodSalesMedian price
November 2025 to January 202656$930,250
February to April 202672$890,000
May to July 202675$980,000
August to October 202651$990,000

Source: Paragon closed and pending sales, November 1, 2025 to October 31, 2026. How these figures are defined and sourced

Vancouver penthouses sold, by price range
Price rangePenthousesAll condos
Under $500,00013406
$500,000 to $749,999791478
$750,000 to $999,99954858
$1,000,000 to $1,499,99959586
$1,500,000 to $1,999,99928151
$2,000,000 and over21116

Source: Paragon closed and pending sales, November 1, 2025 to October 31, 2026. How these figures are defined and sourced

Vancouver neighbourhoods with penthouse sales

Kitsilano had the most penthouse sales, then Fairview and West End. Where a median price is missing, fewer than 5 penthouses sold.

Vancouver penthouses sold, by neighbourhood
NeighbourhoodPenthouse salesMedian pricePrice per sq ftStrata fee a monthMedian price, all condos
Kitsilano28$948,950$1,090$564$780,000
Fairview24$1,032,000$921$659$770,000
West End20$1,294,000$1,023$881$745,500
Mount Pleasant (East)16$1,056,000$1,178$759$696,500
Collingwood14$731,250$804$535$522,000
Downtown13$1,370,000$1,071$1,036$653,000
Grandview Woodland13$734,900$903$525$679,000
False Creek12$1,164,500$1,057$764$794,000
Fraser11$640,000$1,007$488$664,500
Cambie9$1,520,000$1,383$687$996,900
University9$912,500$1,025$476$927,500
Hastings7$610,000$838$544$597,500

Source: Paragon closed and pending sales, November 1, 2025 to October 31, 2026. How these figures are defined and sourced

The MLS® Home Price Index benchmark for an apartment in Vancouver West was $751,400 in October 2026, 3.8% down over twelve months. In Vancouver East it was $635,100. The benchmark is the price of a typical apartment, not a median of sales.

43% of Vancouver penthouses sold for $1,000,000 or more, compared with 24% of all condos in the same months.

About buying a top-floor home in Vancouver

In Yaletown the Canada Line stops at Yaletown-Roundhouse, and the Yaletown Historic Area (HA-3) limits building height to 21.4 metres. Parts of False Creek North are exposed to flooding as sea level rises, so ask a strata in that area what it has planned.

The Empty Homes Tax charges 3% of assessed value on a home that is neither occupied nor rented.

Before you offer on a Vancouver penthouse

  • Ask when the building last replaced its roof, and read the depreciation report for the cost of the next one.
  • Ask about water-ingress claims and envelope repairs from the past ten years, and what the strata’s insurance deductible is.
  • Confirm whether a roof deck or terrace is part of your strata lot, limited common property or common property, since that decides who may build, repair and use it.
  • Visit at different hours. Mechanical rooms and elevator machinery above a top floor can be loud, and afternoon sun heats some suites.
  • Compare the building’s fee with the $620 a month median for Vancouver penthouses and $538 for all condos. A fee well above that deserves a look at what it covers. The median Vancouver penthouse sold was built in 2004.

Estimate the payment on a Vancouver penthouse

The calculator starts at the Vancouver penthouse median of $940,000.

This is an estimate for planning, not a quote or advice. It uses only the numbers on this form. Nothing you enter is sent or saved. Ask your lender or mortgage broker for the rate and terms that apply to you.

20% or more avoids mortgage default insurance.
Enter the rate you were quoted. Rates change often, so none is filled in.
Property transfer tax exemption Both exemptions have conditions. The estimate assumes every buyer on title qualifies.

Enter a home price to see the estimate.

Property transfer tax and exemptions follow the Government of BC pages on the property transfer tax, first-time buyer exemption and newly built home exemption. Insurance premiums follow the CMHC premium table. Fixed-rate mortgages compound semi-annually. Not included: legal fees, strata fees, property tax, GST on new homes, the 20% additional tax for foreign buyers, and adjustments on completion.

Vancouver penthouses: your questions answered

How much does a penthouse cost in Vancouver?

The 254 penthouses that sold between November 1, 2025 and October 31, 2026 had a median of $940,000, with the middle half between $689,375 and $1,367,250. All Vancouver condos had a median of $733,500.

How does a Vancouver penthouse compare in price with other condos?

A penthouse cost 28% more at the median, or $1,006 a square foot against $972 for all condos. Compare the floor area, the strata fee and the roof or terrace before you decide.

How fast do Vancouver penthouses sell?

18 days at a median, closing at 97.4% of list, with 11% over the list price.

What counts as a penthouse in Vancouver?

254 of the 3,595 Vancouver condo sales carried Penthouse in the style field, most of them in Kitsilano (28 sales). The listing agent enters that, so some top-floor homes are unmarked and a marked one is not always on the very top floor.

Do Vancouver penthouses have higher strata fees?

The median strata fee was $620 a month for penthouses and $538 for all condos.

What Buyers & Sellers Say

Excerpts from Google reviews for Jared Gibbons, REALTOR® at Royal LePage Little Oak Realty (Suite 201 - 15272 Croydon Dr, Surrey). Quoted word for word; initials only.

  • 5 out of 5 stars

    “Working with Jared on a condo transaction was exactly the kind of experience that reminds you why collaboration in this industry can be so rewarding. He represented the listing side, and I represented the buyer…”

    M.A. Google review

  • 5 out of 5 stars

    “Awesome experience dealing with Jared. Selling my house was so easy actually he made it so smooth we had so many things going on at that time but he took care of the deal and got us a good price for our condo. Hope to work with him in future.”

    J.V. Google review

  • 5 out of 5 stars

    “We had a great experience working with Jared. A family member from Vancouver Island recommended that we reach out to him to help us buy our first home in Port Coquitlam…”

    B.V. Google review

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