Greater Vancouver Real Estate Market Update
Metro Vancouver Real Estate Market Update
Fraser Valley Real Estate Market Update
Detached Monthly Variances
Attached Monthly Variances
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March 2025 Home Sales:
2,091 sales, a 13.4% decrease from March 2024.
36.8% below the 10-year seasonal average.
Active Listings:
6,455 new listings in March 2025, a 29% increase from March 2024.
Total active listings reached 14,546, a 37.9% increase from March 2024.
44.9% above the 10-year seasonal average.
Sales-to-Active Listings Ratio:
14.9% overall ratio, indicating a balanced market.
Detached homes: 10.3%.
Attached homes: 21.5%.
Apartments: 16.2%.
Market Insights:
Balanced market conditions, with potential upward pressure in attached home segment due to low supply (2,200 active listings).
Prices have eased from recent highs.
Home Price Index:
Benchmark price for all residential properties: $1,190,900.
0.6% decrease from March 2024, 0.5% increase from February 2025.
Sales by Property Type:
Detached home sales: 527 (24.1% decrease from March 2024).
Apartment sales: 1,084 (10.2% decrease from March 2024).
Attached home sales: 472 (4.6% decrease from March 2024).
Price Changes by Property Type:
Detached home price: $2,034,400 (+0.8% from March 2024, +0.4% from February 2025).
Apartment price: $767,300 (-0.9% from March 2024, +1% from February 2025).
Attached home price: $1,113,100 (-0.8% from March 2024, +0.2% from February 2025).
If you or anyone you know is looking for information or assistance with real estate, feel free to reach out—I'm always available to chat about the market.