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📊 Vancouver Real Estate Market – July 2025 Breakdown

📊 Vancouver Real Estate Market – July 2025 Breakdown


Detached prices dipped. Condos and townhomes held steady. But a few high-performing pockets — like North Van and West Van — are still moving.

Let’s break it down.


🏡 Detached Homes

Average Price: $3.19M

Sales Ratio: 8% (Buyers Market)

Days on Market: 29

Pricing by Area:

Area

Benchmark Price

MoM Change

YoY Change

Westside

$3.19M

↓ -3%

↓ -2%

Eastside

$1.81M

↓ -3%

↓ -3%

North Van

$1.98M

↓ -9%

↓ -9%

West Van

$2.98M

↑ +8%

↑ +15%

Richmond

$2.12M

↑ +6%

↓ -2%

Tsawwassen

$1.75M

↑ +17%

↑ +7%

Ladner

$1.44M

↓ -3%

↑ +2%

What Stands Out:

  • North Van prices dropped -9% YoY, but homes under $2.2M are still moving.

  • West Van posted the highest YoY detached price growth at +15%.

  • Detached sellers must lead with pricing — overpriced homes are sitting.


🏘️ Townhomes

Most areas remain in a Balanced Market — but some segments are softening.

  • Ladner is firmly in a seller’s market — 1 in 4 listings are selling.

  • Tsawwassen saw a 50% drop in sales despite rising prices.

  • Everywhere else is steady, but showing subtle signs of slowing.


🏢 Condos

Condos continue to hold steady. Demand is strongest in the sub-$500K segment, especially Downtown.

  • Downtown entry-level units are moving quickest.

  • Westside + Ladner are resilient, with stable absorption.

  • West Van pricing remains premium — but low volume = limited insight.


🔥 August 2025 Outlook from Chris Car

  1. Detached listings are sitting unless priced lean

  2. DOM is climbing. Buyers are picky. Anything under $2.2M is more active — but only if priced right.

  3. Condos under $500K are still absorbing well

    Especially among first-time buyers and investors.

  4. Rates will likely hold

    The Bank of Canada isn’t expected to rush more cuts. One more small trim may happen before year-end, but don’t bet your move on it.

  5. This is a skill market, not a speed market

    Strong prep, strategy, and pricing matter more than ever.

  6. Expect a September reset

    Fall brings fresh listings and motivated sellers who skipped summer. Now’s the time to plan.


📈 Want to Go Deeper?

All stats from: July 2025 SnapStats® (customized for Metro Vancouver)


📞 Let’s Talk Strategy

If you’re thinking of selling, buying, or just want real advice with real numbers —

👉 Book a 20-Min Strategy Call


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