Real Estate Market Report for
Vancouver, BC

Updated : Jun 2016
House
  • Median price $2,380,000
  • Monthly growth 5.54 %
  • Quarterly trend
  • Stock on market 0.39%
Apartment
  • Median price $699,900
  • Monthly growth 2.94 %
  • Quarterly trend
  • Stock on market 0.36%
Vancouver Home Price

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With a median listing price of $2,380,000, Vancouver is Canada’s 7th most expensive when ordered by median listing price.

When our research team crunched the numbers we calculated that Vancouver has a median home price of $2,380,000.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 5.

This month we track 2nd neighbourhoods in British Columbia, and Vancouver has the 2nd most choice available for real estate investors.

Will prices rise across the next year in in Vancouver? There are a number of real estate indicators to consider.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Vancouver have stayed pretty much the same which would tend to indicate that demand is steady.

Across the nation CREW lists data for 966 neighbourhoods, and this month Vancouver is number 5 putting it ahead of most neighbourhoods .

The median house price listed in Vancouver this month is $699,900.

2 bedroom properties are the most common available for real estate investors this month in neighbourhood.

From our data, it appears that neighbourhood is number 7th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Vancouver will hopefully provide an indicator to help you where to research in-depth

If you are looking at investment properties in Vancouver, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
1 bedroom $1,519,000 $519,000
2 bedrooms $1,199,000 $877,500
3 bedrooms $1,799,000 $1,680,000
4 bedrooms $2,800,000 $1,368,000
5 bedrooms $2,499,000 $1,574,500
6 bedrooms $2,639,000 $3,194,500
Demographics

Corresponding census subdivisions are provided for the following place names where data is not available.

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