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๐Ÿ“Š Vancouver Real Estate Market โ€“ July 2025 Breakdown


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

Letโ€™s break it down.


๐Ÿก 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

โ†“ -3%

โ†“ -2%

Eastside

$1.81M

โ†“ -3%

โ†“ -3%

North Van

$1.98M

โ†“ -9%

โ†“ -9%

West Van

$2.98M

โ†‘ +8%

โ†‘ +15%

Richmond

$2.12M

โ†‘ +6%

โ†“ -2%

Tsawwassen

$1.75M

โ†‘ +17%

โ†‘ +7%

Ladner

$1.44M

โ†“ -3%

โ†‘ +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 โ€” overpriced homes are sitting.


๐Ÿ˜๏ธ Townhomes

Most areas remain in a Balanced Market โ€” but some segments are softening.

  • Ladner is firmly in a sellerโ€™s market โ€” 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.


๐Ÿข 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 โ€” but low volume = limited insight.


๐Ÿ”ฅ 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 โ€” 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 isnโ€™t expected to rush more cuts. One more small trim may happen before year-end, but donโ€™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. Nowโ€™s the time to plan.


๐Ÿ“ˆ Want to Go Deeper?

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


๐Ÿ“ž Letโ€™s Talk Strategy

If youโ€™re thinking of selling, buying, or just want real advice with real numbers โ€”

๐Ÿ‘‰ Book a 20-Min Strategy Call


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