So, I don’t know about you but October was busy! Lots of activity and lots of sales, for myself and the market as a whole. There was a feeling that Buyers realized in October that inventory was going to be as good as it will get so now was the time to make a move, and they did – you’ll see an uptick in sales in each category below. Prices have remained fairly steady over the last few months. One thing the stats don’t indicate is the number of properties, specifically houses and townhouses, that are receiving multiple offers. This generally only happens when it’s priced right and the multiple offers typically aren’t competitive in that Buyers still have subjects and the price remains within a reasonable value, but it does show that Buyers are ready and waiting for great properties.
As you likely know, the interest rate dropped 25 points in October, which means the policy rate is sitting at 2.25%. There isn’t expected to be another rate change for the rest of the year and people are generally thinking that rates will remain in this range for the next little while. I can renew my mortgage anytime now, and will be chatting with my mortgage broker about my options.
We’re now 41 days until Christmas, we’ll continue to see new listings hit the market, but at a much slower clip. Generally I say that if someone is listed for sale in December, they are probably keen to sell! So try your offer, you never know what might happen.
Enjoy the holiday season, and give me a call if you have any questions!
Here’s a snippet from the Real Estate Board’s Monthly Update:
Home sales registered on the MLS® in Metro Vancouver were 14 per cent lower than last October, as the trend of slower sales and building inventory creates favourable conditions for those looking to buy in the fall market.
Across all detached, attached and apartment property types, the sales-to-active listings ratio for October 2025 is 14.2 per cent. By property type, the ratio is 11.3 per cent for detached homes, 17.6 per cent for attached, and 15.5 per cent for apartments.
Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.
Onto the stats:
Vancouver West Real Estate Stats up to and including October 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 October 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.