Detached House Sales Report

City of Vancouver • August 2024

City of Vancouver

Price Range	Solds	Inventory	Ratio	New
$0 - $799,999	0	1	0.0%	0
$800,000 - $899,999	0	0	—	0
$900,000 - $999,999	0	1	0.0%	1
$1,000,000 - $1,249,999	1	2	50.0%	1
$1,250,000 - $1,499,999	7	16	43.8%	6
$1,500,000 - $1,749,999	15	69	21.7%	25
$1,750,000 - $1,999,999	8	143	5.6%	52
$2,000,000 - $2,249,999	9	63	14.3%	15
$2,250,000 - $2,499,999	11	85	12.9%	25
$2,500,000 - $2,749,999	5	73	6.8%	13
$2,750,000 - $2,999,999	7	91	7.7%	23
$3,000,000 - $3,499,999	5	116	4.3%	20
$3,500,000 - $3,999,999	4	128	3.1%	19
$4,000,000 - $4,499,999	15	75	20.0%	9
$4,500,000 - $4,999,999	3	75	4.0%	11
$5,000,000 - $5,499,999	1	45	2.2%	4
$5,500,000 - $5,999,999	1	53	1.9%	6
$6,000,000 - $6,499,999	0	11	0.0%	4
$6,500,000 - $6,999,999	2	33	6.1%	4
$7,000,000 - $7,499,999	0	13	0.0%	2
$7,500,000+	1	142	0.7%	22
Total	95	1,241	7.7%	264

Bedroom Range	Solds	Inventory	Ratio	New
0 - 2	2	82	2.4%	18
3 - 4	34	370	9.2%	91
5 - 6	45	558	8.1%	123
7+	14	231	6.1%	32
Total	95	1,241	7.7%	264

Region Summary	Aug 2023	Aug 2024	Trend
Sold Count	152	95	37.5%
% Sold>Orig Ask Price	28.9%	21.1%	27.3%
Median Sold Price	$2,444,000	$2,400,000	1.8%
Sold : Orig Ask Ratio	97.1%	97.3%	0.2%
Sold : Assess Ratio	106%	102%	3.8%
Median Price per SqFt	$986	$1,000	1.4%
Median Days on Mkt	15	22	46.7%
New Listings	281	264	6.0%
Inventory on Last Day	992	1,241	25.1%

Neighbourhood	Solds	Inventory	Ratio	New
Arbutus	2	28	7.1%	12
Cambie	3	55	5.5%	12
Champlain Heights	0	1	0.0%	0
Coal Harbour	0	2	0.0%	0
Collingwood VE	1	113	0.9%	8
Downtown VE	0	0	—	0
Downtown VW	0	1	0.0%	0
Dunbar	9	73	12.3%	19
Fairview VW	0	4	0.0%	1
False Creek	0	0	—	0
Fraser VE	6	35	17.1%	12
Fraserview VE	2	24	8.3%	8
Grandview Woodland	1	32	3.1%	5
Hastings	0	9	0.0%	1
Hastings Sunrise	7	17	41.2%	14
Kerrisdale	3	32	9.4%	6
Killarney VE	8	53	15.1%	18
Kitsilano	6	41	14.6%	8
Knight	2	58	3.4%	23
MacKenzie Heights	2	20	10.0%	2
Main	1	26	3.8%	4
Marpole	1	35	2.9%	5
Mount Pleasant VE	0	10	0.0%	2
Mount Pleasant VW	0	6	0.0%	0
Oakridge VW	0	15	0.0%	2
Point Grey	4	61	6.6%	15
Quilchena	2	26	7.7%	4
Renfrew Heights	6	54	11.1%	9
Renfrew VE	3	56	5.4%	19
S.W. Marine	6	29	20.7%	4
Shaughnessy	4	78	5.1%	12
South Cambie	1	7	14.3%	1
South Granville	2	82	2.4%	9
South Marine	0	3	0.0%	1
South Vancouver	7	56	12.5%	13
Southlands	2	38	5.3%	3
Strathcona	1	10	10.0%	2
University VW	1	18	5.6%	3
Victoria VE	2	31	6.5%	7
West End VW	0	2	0.0%	0
Yaletown	0	0	—	0
Total	95	1,241	7.7%	264

Ratio < 12% = Buyer's Market

Ratio 12-20% = Balanced Market

Ratio > 20% = Seller's Market

Region
Insights

Overall, City of Vancouver ( Detached House) is in a Buyer's Market (7.7% ratio).
Homes are selling for approximately 97.3% of original asking price.
The most active price range is $1,500,000 - $1,749,999 with 15 properties sold.
Buyer deals may be easiest to find in Oakridge VW (0.0% ratio).
Sellers may see the most activity in Hastings Sunrise (41.2% ratio).