We’re into April and past March Break and Easter long weekends, which means it’s full steam ahead between now and the next holiday weekend (May Long). Based on the conversations I’ve been having with clients and folks at open houses – there are a lot of people who have been thinking about moving, starting to casually look at properties and getting their financials in order, and so I imagine a lot of those people will be making their purchase happen between now and July.
The biggest complaint I’m hearing from Buyers is that good inventory is low (for townhouses and houses; not downtown condos). Fewer Sellers have been stepping into the market compared to last year which is keeping inventory flat, which is frustrating to Buyers who want to make a move and can funnel Buyers to the same good properties leading to multiple offers and quick sales. In general I’m still seeing a lot of quick sales, particularly when a unit is priced right, so Buyers: don’t be afraid to submit a low-ish offer if you think something is overpriced.
Overall I think the Vancouver Market (again, not including downtown condos) will remain steadily busy through Spring. I have some great listings coming up so I know there will be a lot of good opportunities for Buyers.
If you’re a Seller: put the effort in to make sure the property shows well because it’s appreciated by Buyers in saturated markets (and a way to set yourself apart) and it leads to even more excitement in competitive markets (Buyers are more likely to compete in multiple offers on great properties). In general you’re still better off pricing at market value if you’re keen for a quick sale.
If you’re a Buyer: learn all about the market you’re interested in, ensure you’re pre-approved and stay on your toes if you’re looking for a good deal or a good property – it’s Vancouver so the good ones go quick, regardless of market dynamics. And try an offer if you feel something is priced too high! A lot of Sellers are expecting negotiation so they are keeping their price artificially high in anticipation of a lower offer.
Here’s a snippet from the Real Estate Board’s Monthly Update:
The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,032 in March 2026, a 2.8 per cent decrease from the 2,091 sales recorded in March 2025. This was 31.8 per cent below the 10-year seasonal average (2,981).
“Year-to-date, sales are tracking our forecast for the year closely, and the weakness in demand we continue to observe at the aggregate level is unsurprising,” said Andrew Lis, GVR chief economist and vice-president data analytics. “What’s interesting is that the aggregate total masks an emerging divergence among market segments. While the multifamily segment continues to see slower sales, the detached segment may be awakening with sales up, and new listings down from last year.”
Across all detached, attached and apartment property types, the sales-to-active listings ratio for March 2026 is 14.2 per cent. By property type, the ratio is 11 per cent for detached homes, 17.2 per cent for attached, and 15.7 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.
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,104,300. This represents a 6.8 per cent decrease over March 2025 and a 0.4 per cent increase compared to February 2026.
Onto the stats:
Vancouver West Real Estate Stats up to and including March 2026
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 March 2026
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.