Happy “Fall Market” everyone! We are into the 2nd week of September and the market is slowly but surely picking up speed: we’re seeing more (good) new listings, quick sales and increased activity at open houses. I wouldn’t yet call it a busy market but buyers seem to be back with some positive energy. Good listings will sell quickly (as usual) and in multiple offers, so if you’re looking for something unique, stay on your toes because the unique ones are listed and sold quickly. if you’re looking for a deal on a condo, there are tons of those too, you just have to be out looking and more importantly, submitting offers until you find the motivated Seller.
In terms of interest rates, there is another announcement next week along with a few other announcements this fall. There is a high likelihood that we’ll see one or two 25pt drops this Fall which will be welcome news for everyone, especially given that the last few announcements indicated no change.
Expect listing inventory to increase every week from now until November, so if you’re looking to purchase or sell this Fall, get into gear – it’s not a long market before everything slows down for Christmas.
Here’s a snippet from the Real Estate Board’s Monthly Update:
Easing prices brought more Metro Vancouver homebuyers off the sidelines in August, with home sales on the MLS® up nearly three per cent from August last year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,959 in August 2025, a 2.9 per cent increase from the 1,904 sales recorded in August 2024. “The August sales figures add further confirmation that sales activity across Metro Vancouver appears to be recovering, albeit somewhat slowly, from the challenging first half of the year,” said Andrew Lis, GVR’s director of economics and data analytics. “Sales in the detached and attached segments are up over ten per cent from last August, which suggests buyers shopping in more expensive price points are re-entering the market in a meaningful way.”
Across all detached, attached and apartment property types, the sales-to-active listings ratio for August 2025 is 12.4 per cent. By property type, the ratio is 9.3 per cent for detached homes, 15.8 per cent for attached, and 14 per cent for apartments. “As sellers’ and buyers’ expectations have become more aligned, transaction volume has picked up. Newly listed properties remain in line with their ten-year seasonal average however, which when paired with increasing sales activity, is likely to diminish the available inventory. This also means the window of plentiful opportunity for buyers may soon begin closing if these trends continue.”
Onto the stats:
Vancouver West Real Estate Stats up to and including August 2025
HPI Price for Vancouver West
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for Vancouver West
Median Percentage of Original Price for Vancouver West
New Listings for Vancouver West
Total Inventory for Vancouver West
Total Sales for Vancouver West
Sales to Active Ratio for Vancouver West
Median Days on Market for Vancouver West
East Vancouver Real Estate Stats up to and including August 2025
HPI Price for East Vancouver
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for East Vancouver
Median Percentage of Original Price for East Vancouver
New Listings for East Vancouver
Total Inventory for East Vancouver
Total Sales for East Vancouver
Sales to Active Ratio for East Vancouver
Median Days on Market for East Vancouver
As always, if you have questions on a particular kind of property or neighbourhood, get in touch with me!
And if you’re thinking about selling your property, give me a call to chat about value, pricing strategy and the sale process. There are plenty of details to chat about – including timing, value, staging and your potential purchase – so don’t hesitate to contact me if you’d like to get started: kristi@realestatevancity.ca or 778-387-7371. The better you understand your current value and what Buyers may be looking for, the more successful your sale.