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Market data

Latimer, BC — Home Prices

What a typical home costs in Latimer as of August 2026 — detached at $1,442,200, townhouse at $829,300 and apartment at $571,300. Each is the board’s benchmark price, with the month’s change, sales and inventory below.

Last reviewed by Bronson Job PREC, REALTOR®CC BY 4.0How we verify

Market snapshot · August 2026

Latimer · HPI Benchmark

Benchmark price

$846K

Month over month

-0.4%

Year over year

-6.2%

Sales (month)

89

Active listings

453

Months of inventory

4.5

Fraser Valley Real Estate Board / Greater Vancouver REALTORS composite Home Price Index (HPI) — the industry-standard measure of typical home value, adjusted for property mix. Balanced market range.

See the Latimer HPI chart on Market Insights

Source: Fraser Valley Real Estate Board · Real Estate Board of Greater Vancouver. Composite (all property types). HPI benchmarks are aggregate measures — specific properties may transact above or below.

Latimer home prices by property type

Benchmark price for August 2026, with how it moved over the month and over the year, and the supply and demand behind it.

Latimer benchmark price, monthly change, yearly change, sales, active listings and months of inventory by property type, August 2026
Property typeBenchmark priceOver the monthOver the yearSalesActive listingsMonths of inventory
Detached house$1,442,2000.0%-6.9%17915.2balanced
Townhouse$829,300-0.5%-5.0%371643.8sellers’ territory
Apartment / condo$571,300-1.7%-9.3%361975.1balanced

A benchmark is the board’s modelled typical home of that type, not an average of what sold — so a month with few sales still has one. Sales and active listings are counts for August 2026.

Latimer home prices, 2016 to 2026

The benchmark price each August, a decade back. Same month every year, so the comparison carries no seasonal distortion.

Detached · $884,900 low, $1,613,300 high
Townhouse · $454,300 low, $914,500 high
Apartment · $320,600 low, $657,700 high
Latimer benchmark price by property type, each August from 2016 to 2026
AugustDetachedTownhouseApartment
2016$884,900$454,300$320,600
2017$996,100$542,900$413,300
2018$1,007,600$622,500$487,900
2019$1,001,100$582,500$452,600
2020$1,072,500$601,700$474,500
2021$1,380,900$760,000$550,000
2022$1,459,700$914,500$657,700
2023$1,605,300$891,900$656,000
2024$1,613,300$909,800$650,900
2025$1,548,900$872,500$630,200
2026$1,442,200$829,300$571,300

Over those 10 years detached moved from $884,900 to $1,442,200 — +63.0%, townhouse moved from $454,300 to $829,300 — +82.5%, and apartment moved from $320,600 to $571,300 — +78.2%.

Detached house — 10-year chart · Townhouse — 10-year chart · Apartment / condo — 10-year chart

Common questions about Latimer prices

How much does a house cost in Latimer?
The benchmark price for a detached house in Latimer is $1,442,200 as of August 2026, -6.9% over the year. The benchmark is the board's modelled typical home of that type, not an average of what sold.
How much is a townhouse in Latimer?
The benchmark price for a townhouse in Latimer is $829,300 as of August 2026, -5.0% over the year.
How much is a condo in Latimer?
The benchmark price for an apartment or condo in Latimer is $571,300 as of August 2026, -9.3% over the year.
Have home prices gone up in Latimer over the last ten years?
Between 2016 and 2026, detached moved from $884,900 to $1,442,200 (+63.0%), townhouse moved from $454,300 to $829,300 (+82.5%), apartment moved from $320,600 to $571,300 (+78.2%). Each figure is the benchmark price for the same calendar month, so the comparison carries no seasonal distortion.
Is Latimer a buyers' or sellers' market?
As of August 2026, detached sits at 5.2 months of inventory (balanced), townhouse sits at 3.8 months of inventory (sellers’ territory), apartment sits at 5.1 months of inventory (balanced). Four months or less typically reads as sellers' territory, four to six balanced, six to eight buyers gaining leverage, and over eight buyers' territory.

How to read these numbers

The Home Price Index (HPI) benchmark is the industry-standard measure of typical home value in a defined market, mix-adjusted to control for the property types selling that month. Unlike a simple median, the HPI compares like to like — a benchmark detached home in Latimer this month versus the same benchmark home last month. That makes it the right metric for month-over-month and year-over-year comparisons.

Months of inventory (MOI) divides active listings by recent monthly sales — under 4 typically reads as a sellers’ market, 4 to 6 balanced, over 6 buyers’. Sales-to-active ratio is the inverse framing; the FVREB and REBGV both publish it. Both metrics are aggregate; specific property types and price bands can read differently than the composite.

HPI benchmarks are aggregate figures — a specific property in Latimer may transact above or below the benchmark depending on lot, condition, age, and the active buyer pool. Use the benchmark as the trend line, not the listing price.

Also on Latimer

Bronson Job PREC, REALTOR® at Momentum Realty Inc. — Langley + Fraser Valley + Greater Vancouver
Bronson Job PRECREALTOR® · Momentum Realty Inc.GVR Member #6015742 · FVREB Member #FJOBBR