
There is a robust level of new construction in the Downtown/Waterfront area but most of it is apartments. Thousands of new units are under construction. These new units will bring fresh residents to Downtown and many will decide to stake a claim and buy a condo.
At the moment there is one building going up on the waterfront that will offer condominiums for sale, the 12 story Kirkland Tower which is slated to have 40 units in the upper reaches of pricing. Gramor Development has plans for a 14 story condo tower with 80-82 units. That is still in the early planning stages however. It seems Vancouver is on the brink of a serious shortage of condo units downtown.
Buyers are flocking to downtown but there is nothing to buy. Now is a great time to list your urban condo in Vancouver, WA. As a specialist in the urban condo market, I have never seen it this tight. Call me if you have a condo Downtown and are thinking about selling.
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