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Home Prices in Vancouver

The asking price of homes for sale in Vancouver has decreased -14.96% since September last year, while the number of homes for sale has increased 24.81%. See more Vancouver Home Prices & Values.

House

Median Asking Price

.8M

Townhouse

Median Asking Price

.5M

Condo

Median Asking Price

9K

Vancouver MLS® Listings & Real Estate

Zolo has the most detailed, up-to-date set of Vancouver real estate listings. Discover homes listed on the Vancouver MLS® system, including nearby cities, property types, and neighbourhoods. Currently, Vancouver has 3,420 homes for sale, including 1,581 houses, 1,452 condos, and 414 townhouses on the market. The average sold price for all home types in Vancouver is .3M, which is -5% lower than September 2017. See our for a more detailed analysis on average home prices, housing inventory, and days on market.

Vancouver is home to 39 unique neighbourhoods. With Zolo you'll be able to find the , the highest-rated schools in the city, and evaluate nearby amenities. Take a look at the upcoming to tour homes in person. Narrow down your home search to filter by price, bedrooms, size or search by our listings for Canada-wide real estate.

Our Vancouver MLS® Listing data is added every 15 minutes to provide you the most-up-to-date home listings. Reach out to one of our Vancouver REALTORS® to get started on landing your dream home today.

Vancouver City Guide

604K

Population

4.4%

Population Growth

7%

Unemployment

Nestled between the shores of the Pacific Ocean and the Rocky Mountains, the Greater Vancouver Area is the 3rd-largest urban centre in Canada and the most populous city in the province of British Columbia. There are more than 630,000 residents in Metro Vancouver and almost 2.5 million people that call the Greater Vancouver Area home.

While Vancouver is known for its green space and access to sea and mountains, it’s also the city with the highest urban density in Canada—with over 5,400 people per square kilometre. This density makes Metro Vancouver the 4th-most densely populated city in North America, behind New York, San Francisco and Mexico City. According to the Globalization and World Cities Research Network (GaWC), Vancouver is classified as a Beta global city: A hub city that links moderate economic regions into a world economy.

Despite its size, Vancouver is consistently voted one of the most liveable places on Earth. It’s easy to see why. Outdoor enthusiasts love the easy access to the rugged outdoors. Foodies love the local eateries and fusion blends this culturally diverse city offers. Artists love the rich history and strong local support. Even a casual bike ride or stroll in Stanley Park—1,000 acres of protected woodlands—is a chance to escape into nature, right in the heart of the city.

Commuters to and from the city can opt to use the city’s public bus system of the SkyTrain, a rapid transit rail system that connects the city to surrounding suburban communities. If cycling is more your speed, sign up for Mobi, the public bike share system, which was launched in 2016.

Vancouver is one of Canada’s warmest cities in the winter and coolest summers, by Canadian standards. It’s also one of the wettest cities in Canada. However, the amount and type of precipitation vary across the Lower Mainland. In Vancouver, snow falls only 11 days, a year, on average, making the city the 4th-mildest for Canadian winters (behind Victoria, Nanaimo and Duncan, all of which are located on Vancouver Island). This temperate climate allows for a long growing season—giving gardeners an average of 237 days to grow a variety of flowers and food.

One interesting fact about the city is that its growth and journey has been visually documented throughout its entire history. At age 171 in 2017, the city was established just seven years after photography was commercially available. That’s allowed professional and amateur photographers to capture and document this iconic Canadian city’s evolution over the decades.

Combine all of this with B.C.’s thriving economy and it becomes clear why Vancouver is both a top tourist destination as well as a sought-after place to live within the Canadian real estate market.

Market Trends

  • Median List Price8K

  • Median Selling Price2K

  • Listing-to-Selling Ratio96.15%

  • Price Change (Month)+6.05%

  • Price Change (Year)+4.47%

  • Average Days on Market30

Note: Data based on last 28 days

At this point in time, Vancouver's median sale price is 1,500. This number is determined by finding the mid-point price of all property sold within a specified period of time. For example, if 208 condos sold last month and only 56 detached homes sold in the same time frame, then the median price would reflect the mid-point between the 208 condos and the 56 detached homes sold during that time. At present, Vancouver has 1,581 houses for sale, 414 townhomes for sale and 1,452 condos for sale.

For more information on the current state of Vancouver’s real estate market check out the page.

There’s no getting around it: Vancouver’s real estate market dominates headlines. A decade of rising property prices put the city front-and-centre of the housing affordability debate. Despite an average house price that reached past .2-million in 2016, the demand for all property types in the Vancouver housing market is still strong.

Most buyers know that even with a more stable housing market, you can’t take your time.   stay on the market for only a week or two, on average, meaning buyers must be ready to come with strong offers. sell quickly, too, although average condo prices are still under million in Metro Vancouver.

To keep up to date, check out local Vancouver MLS listings, which gets its data from the Real Estate Board of Greater Vancouver. To see the latest homes for sale in Vancouver set up an MLS alert. The most up-to-date houses for sale in Vancouver are sent straight to your inbox.

Neighbourhoods

Known for mountains and ocean, Metro Vancouver’s best-kept secret is its vibrant local communities. Each neighbourhood provides a key advantage, which means there is a community that will meet your needs. For instance, business travellers that rely on airport access will like the southern neighbourhoods of Sunset and . Investors focus on communities nestled up to the unofficial east/west boundary of Victoria/Commercial Drive. Here, buyers find boxy-houses that are ideal for splitting into two separate units (known as Vancouver-specials) or . If you want a family-centric neighbourhood with homes listed under .5-million check out , Fairview and Sunrise. While, the funky, super-central townhomes and condos found on Granville Island will appeal to urban dwellers. Talk a local Vancouver Realtor ® to find out what homes for sale in Vancouver and what neighbourhoods meet your individual needs.

For a quick start, check out the neighbourhoods with the highest and lowest average sale prices. Combine this data with the number of Vancouver homes that sell over list price and how quickly a property sells and you get an idea as to how hot a community is right now. Of course, not all your time should be spent on just searching for Vancouver houses for sale. Spend a weekend shopping the local stores and sitting on a few patios. You’ll get the flavour and vibe of the community. Better still, check out a few and talk to local real estate agents and see if the properties in the area meet your needs.

Neighbourhood

(Top 5)

Average sale price 1 1K 2 4K 3 .3M 4 .1M 5 1K

Nearby Cities

Many buyers opt to purchase in a nearby city and commute to work. These buyers want larger homes and lots but with good commuter access to Vancouver’s downtown core. Good options include , Richmond and New Westminster. Look for neighbourhoods that are closer to the highway or commuter train stations, such as Metrotown or Steveston. Even cities that require a bit longer of a commute, such as , Surrey and , are options as they offer more affordable detached homes.

City

(Top 5)

Average sale price 1 6K 2 3K 3 0K 4 2K 5 .3M

Demographics

When you buy a property you’re buying into a neighbourhood. To make sure the ‘hood fits your lifestyle check out these Vancouver demographics. All information is taken from Statistics Canada census data.

51%

Rent

49%

Own

,004

Monthly Rent (Median)

,119

Monthly Mortgage (Median)

140,340

Total Families

,113

Family Income (Median)

40

Age (Median)

63%

College Educated

Schools

If you do decide to stop into a few Vancouver open houses, consider checking out the local schools. Here are the top five elementary and secondary schools in Vancouver.

Elementary Schools

10.0 Crofton House 10.0 St George's 10.0 Vancouver College 10.0 West Point Grey 10.0 York House

Secondary Schools

10.0 York House 9.8 Crofton House 9.6 West Point Grey 9.6 St George's 8.9 Vancouver College

Commuters

Living and working in Vancouver may allow you to skip the car and rely on bikes or the city’s extensive public transit system. Rapid transit includes light rail passenger trains and hundreds of bus routes. If you’d rather bike there is a network of dedicated bike lanes.

To get a better idea of how city residents commute, consider the data collected by Statistics Canada.

52%

Drive

30%

Transit

4%

Bike

13%

Walk

Local Scoop

There are always a few things that make a city special. For the outsider looking in the city’s profound love of dogs is more than a little noticeable. So is are the seemingly unlimited number of yoga studios; the stretches of urban bike paths; or the many glass condo buildings that line the city core. But there’s so more to this west coast city.

On any given sunny afternoon, people leave their workspaces to gather in parks and around cafe tables. Every day of the week there’s a farmer’s market where tables are stuffed with fresh berries, large bushels of apples, baskets of tomatoes and an assortment of locally grown green leafy vegetables. At any time, you can find residents and tourists taking in the salt water air at either Stanley Park or the Pacific Spirit Regional Park—the two largest urban parks in British Columbia.

Then there’s pubs and grub. Local distilleries call this city home because of a supportive and appreciative fan base; foodies love this city because of the eclectic mix of meals. For example, try the crispy chicken burrito at Tacofino. Popular with lunch crowds this burrito bar started in Tofino on Vancouver Island, when a food-truck was permanently parked behind a surf shop. For a more basic, but hearty meal, consider Meat + Bread. The menu rotates with four new sandwiches added to the menu each day. Head over to Kerrisdale if you have a sweet tooth. In 2012, a former interior designer-turned-baker opened up Butter. Now, it’s the go-to place for baked goods.

If you want to own a piece of authentic Vancouver, consider a purchase at Oak + Fort. Started in Gastown in 2010, the brand is known for it’s black and white palette. Described as somewhere between trendy and elegant, this Vancouver-brand is seen on a variety of Hollywood A-listers.

For families with kids, the city has a tonne to offer. On rainy days, head indoors to spend a day at the Vancouver Aquarium (conveniently located inside Stanley Park) or at Science World. On sunny days, consider splashing out at the largest free water park in North America, located on Granville Island. Another option is to sink your toes into the soft, gold sand at Kitsilano Beach, where you can also find a few playscapes, a splash pad and heated salt-water pool.




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