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Market data

Latimer, BC: Home Prices

What a typical home costs in Latimer as of September 2026 — detached at $1,438,900, townhouse at $825,200 and apartment at $565,700. Each is the board’s benchmark price, with the month’s change, sales and inventory below.

Average home price in Latimer

$848,673

Across the 1,193 homes that sold in Latimer and the rest of the board’s Willoughby Heights area from October 2025 to September 2026, averaging 32 days on market. A full year of sales, so one quiet month cannot move it.

Market snapshot · September 2026

Willoughby Heights · HPI Benchmark

These are the board’s figures for Willoughby Heights as a whole, which includes Latimer. This page has no benchmark of its own for Latimer.

Benchmark price

$842K

Month over month

-0.4%

Year over year

-4.7%

Sales (month)

83

Detached, townhouse and apartment only

Active listings

461

Detached, townhouse and apartment only

Months of inventory

4.6

Active listings divided by average monthly sales over the past 12 months, so it will not equal this month’s active listings divided by this month’s sales.

Fraser Valley Real Estate Board composite Home Price Index (HPI), the industry-standard measure of typical home value, adjusted for property mix. Sales were 18.0% of active listings in the month, a balanced market by board convention. Boards call under 12% a buyers’ market and over 20% a sellers’ market.

See the Willoughby Heights HPI chart on Market Insights

Source: Fraser Valley Real Estate Board. The benchmark is the composite index; sales and active listings count detached, townhouse and apartment homes only. HPI benchmarks are aggregate measures; specific properties may transact above or below.

Where to go from here

Average home price in Latimer

What homes actually sold for, October 2025 to September 2026. A full year of sales rather than one month, so a slow month cannot swing the number.

Latimer average sale price, homes sold, average days on market and the latest month’s median sale price by property type
Property typeAverage sale priceHomes soldAverage days on marketMedian sale price, September 2026
All homes$848,6731,19332$780,000
Detached house$1,461,46221234$1,435,000
Townhouse$845,36452627$803,000
Apartment / condo$566,98045538$554,000

The average is every sale price over the period divided by the number of sales, weighted month by month. The median is the middle sale of the latest month alone, and it is left out wherever fewer than twelve homes sold that month, because one sale would decide it; the count of homes sold is shown instead. Source: the board’s monthly release.

Latimer home prices by property type

Benchmark price for September 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, September 2026
Property typeBenchmark priceOver the monthOver the yearSalesActive listingsMonths of inventory
Detached house$1,438,900-0.2%-5.7%13975.5balanced, 13.4% sold
Townhouse$825,200-0.5%-3.6%391603.7sellers’ market, 24.4% sold
Apartment / condo$565,700-1.0%-8.7%312045.4balanced, 15.2% sold

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 September 2026. Months of inventory is active listings divided by average monthly sales over the past 12 months, so it will not equal this month’s active listings divided by this month’s sales. The reading under it comes from the month’s sales as a share of active listings, the boards’ own convention (under 12% a buyers’ market, over 20% a sellers’ market), with the 12-month pace standing in when a month has fewer than ten sales.

Latimer home prices, 2016 to 2026

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

Detached · $859,900 low, $1,587,800 high
Townhouse · $466,900 low, $901,200 high
Apartment · $331,200 low, $651,900 high
Latimer benchmark price by property type, each September from 2016 to 2026
SeptemberDetachedTownhouseApartment
2016$859,900$466,900$331,200
2017$986,600$549,300$421,100
2018$989,900$612,600$478,400
2019$1,003,500$582,200$442,700
2020$1,085,200$604,300$471,600
2021$1,424,100$764,800$550,100
2022$1,443,800$894,700$647,900
2023$1,587,800$893,700$651,900
2024$1,569,300$901,200$639,000
2025$1,526,300$855,600$619,600
2026$1,438,900$825,200$565,700

Over those 10 years detached moved from $859,900 to $1,438,900 — +67.3%, townhouse moved from $466,900 to $825,200 — +76.7%, and apartment moved from $331,200 to $565,700 — +70.8%.

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

Common questions about Latimer prices

What is the average home price in Latimer?
$848,673, averaged across the 1,193 homes that sold in Latimer and the rest of the board’s Willoughby Heights area from October 2025 to September 2026. By type: detached $1,461,462, townhouse $845,364, apartment $566,980. A full year of sales rather than a single month, so one quiet month cannot move it.
How long does it take to sell a home in Latimer?
32 days on market on average across 1,193 sales, October 2025 to September 2026. That is the time from listing to an accepted offer, not to completion.
What is the benchmark price for a house in Latimer?
The benchmark price for a detached house in Latimer is $1,438,900 as of September 2026, -5.7% 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 $825,200 as of September 2026, -3.6% over the year.
How much is a condo in Latimer?
The benchmark price for an apartment or condo in Latimer is $565,700 as of September 2026, -8.7% over the year.
Have home prices gone up in Latimer over the last ten years?
Between 2016 and 2026, detached moved from $859,900 to $1,438,900 (+67.3%), townhouse moved from $466,900 to $825,200 (+76.7%), apartment moved from $331,200 to $565,700 (+70.8%). 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 September 2026, detached sales were 13.4% of active listings (a balanced market), townhouse sales were 24.4% of active listings (a sellers’ market), apartment sales were 15.2% of active listings (a balanced market). Boards call under 12% a buyers’ market and over 20% a sellers’ market.

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 is active listings divided by average monthly sales over the past 12 months. Under 3 months is a strong sellers’ market, 3 to 5 is balanced and tilting toward sellers, 5 to 8 is balanced, and 8 or more is a buyers’ market. The sales-to-active ratio is the month’s sales divided by its active listings; the Fraser Valley and Greater Vancouver boards 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

Buying or selling in Latimer?

I’d be glad to represent you as your REALTOR®. You can reach me at bronson@bronsonjob.com.

Send me a message778-867-2766

Bronson Job PRECREALTOR® · Momentum Realty Inc.GVR Member #6015742 · FVREB Member #FJOBBR