Market data
Sullivan, BC — Home Prices
What a typical home costs in Sullivan as of July 2026 — detached at $1,454,600, townhouse at $780,100 and apartment at $562,100. Each is the board’s benchmark price, with the month’s change, sales and inventory below.
Market snapshot · July 2026
Sullivan · HPI Benchmark
Benchmark price
$967K
Month over month
+0.9%
Year over year
-7.0%
Sales (month)
30
Active listings
227
Months of inventory
9.1
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. Soft supply (buyers’ territory).
See the Sullivan 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.
Sullivan home prices by property type
Benchmark price for July 2026, with how it moved over the month and over the year, and the supply and demand behind it.
| Property type | Benchmark price | Over the month | Over the year | Sales | Active listings | Months of inventory |
|---|---|---|---|---|---|---|
| Detached house | $1,454,600 | +0.1% | -8.5% | 11 | 88 | 13.7buyers’ territory |
| Townhouse | $780,100 | +0.9% | -5.9% | 19 | 123 | 6.9buyers gaining |
| Apartment / condo | $562,100 | -1.6% | -11.5% | 0 | 16 | 14.0buyers’ territory |
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 July 2026.
Sullivan home prices, 2016 to 2026
The benchmark price each July, a decade back. Same month every year, so the comparison carries no seasonal distortion.
| July | Detached | Townhouse | Apartment |
|---|---|---|---|
| 2016 | $969,600 | $463,900 | $275,000 |
| 2017 | $1,034,200 | $549,700 | $391,500 |
| 2018 | $1,081,400 | $602,400 | $530,900 |
| 2019 | $1,015,100 | $575,700 | $467,400 |
| 2020 | $1,071,100 | $598,300 | $488,400 |
| 2021 | $1,380,400 | $742,900 | $528,200 |
| 2022 | $1,671,200 | $902,700 | $665,000 |
| 2023 | $1,667,600 | $901,400 | $678,500 |
| 2024 | $1,657,900 | $873,200 | $667,600 |
| 2025 | $1,590,400 | $828,800 | $635,400 |
| 2026 | $1,454,600 | $780,100 | $562,100 |
Over those 10 years detached moved from $969,600 to $1,454,600 — +50.0%, townhouse moved from $463,900 to $780,100 — +68.2%, and apartment moved from $275,000 to $562,100 — +104.4%.
Detached house — 10-year chart · Townhouse — 10-year chart · Apartment / condo — 10-year chart
Common questions about Sullivan prices
- How much does a house cost in Sullivan?
- The benchmark price for a detached house in Sullivan is $1,454,600 as of July 2026, -8.5% 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 Sullivan?
- The benchmark price for a townhouse in Sullivan is $780,100 as of July 2026, -5.9% over the year.
- How much is a condo in Sullivan?
- The benchmark price for an apartment or condo in Sullivan is $562,100 as of July 2026, -11.5% over the year.
- Have home prices gone up in Sullivan over the last ten years?
- Between 2016 and 2026, detached moved from $969,600 to $1,454,600 (+50.0%), townhouse moved from $463,900 to $780,100 (+68.2%), apartment moved from $275,000 to $562,100 (+104.4%). Each figure is the benchmark price for the same calendar month, so the comparison carries no seasonal distortion.
- Is Sullivan a buyers' or sellers' market?
- As of July 2026, detached sits at 13.7 months of inventory (buyers’ territory), townhouse sits at 6.9 months of inventory (buyers gaining), apartment sits at 14.0 months of inventory (buyers’ territory). 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 Sullivan 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 Sullivan 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.
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