Market data
Vancouver, BC — Home Prices
Greater Vancouver REALTORS® publishes Vancouver as two separate areas — Vancouver West, Vancouver East — and no single benchmark for the city. Each is below as the board reports it, as of August 2026. Averaging those benchmarks would produce a number nobody publishes, which is why the average price below is built from the sales themselves instead.
Average house price in Vancouver
$1,361,064
Across the 6,118 homes that sold in Vancouver from September 2025 to August 2026, averaging 37 days on market, every board sub-region added together.
Average house price in Vancouver West
What homes actually sold for, September 2025 to August 2026. A full year of sales rather than one month, so a slow month cannot swing the number.
| Property type | Average sale price | Homes sold | Average days on market | Median sale price, August 2026 |
|---|---|---|---|---|
| All homes | $1,472,637 | 3,938 | 39 | $1,086,000 |
| Detached house | $3,458,171 | 728 | 48 | $2,840,000 |
| Townhouse | $1,445,499 | 425 | 36 | $1,280,000 |
| Apartment / condo | $959,856 | 2,787 | 40 | $820,000 |
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, and it is shown for a single month only where fewer than twelve homes sold, one sale decides it. Source: the board’s monthly release.
Vancouver West 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.
| Property type | Benchmark price | Over the month | Over the year | Sales | Active listings | Months of inventory |
|---|---|---|---|---|---|---|
| Detached house | $2,932,700 | -2.6% | -8.7% | 68 | 638 | 10.6buyers’ territory |
| Townhouse | $1,334,900 | +1.0% | -3.8% | 39 | 315 | 8.9buyers’ territory |
| Apartment / condo | $774,900 | +0.8% | -3.8% | 225 | 1,564 | 6.7buyers gaining |
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.
Vancouver West home prices, 2016 to 2026
The benchmark price each August, a decade back. Same month every year, so the comparison carries no seasonal distortion.
| August | Detached | Townhouse | Apartment |
|---|---|---|---|
| 2016 | $3,567,100 | $1,090,800 | $615,700 |
| 2017 | $3,534,000 | $1,236,600 | $749,500 |
| 2018 | $3,172,900 | $1,219,500 | $774,900 |
| 2019 | $2,801,200 | $1,164,700 | $723,400 |
| 2020 | $2,934,400 | $1,194,500 | $748,600 |
| 2021 | $3,317,000 | $1,307,300 | $785,000 |
| 2022 | $3,303,400 | $1,399,300 | $813,200 |
| 2023 | $3,461,700 | $1,455,000 | $842,100 |
| 2024 | $3,395,700 | $1,453,500 | $854,200 |
| 2025 | $3,213,500 | $1,387,800 | $805,500 |
| 2026 | $2,932,700 | $1,334,900 | $774,900 |
Over those 10 years detached moved from $3,567,100 to $2,932,700 — -17.8%, townhouse moved from $1,090,800 to $1,334,900 — +22.4%, and apartment moved from $615,700 to $774,900 — +25.9%.
Build your own Vancouver West chart — every property type and metric the board publishes, back to 2000.
Average house price in Vancouver East
What homes actually sold for, September 2025 to August 2026. A full year of sales rather than one month, so a slow month cannot swing the number.
| Property type | Average sale price | Homes sold | Average days on market | Median sale price, August 2026 |
|---|---|---|---|---|
| All homes | $1,159,517 | 2,180 | 32 | $965,000 |
| Detached house | $1,856,934 | 784 | 34 | $1,745,000 |
| Townhouse | $1,105,150 | 280 | 29 | $988,000 |
| Apartment / condo | $684,743 | 1,118 | 34 | $618,000 |
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, and it is shown for a single month only where fewer than twelve homes sold, one sale decides it. Source: the board’s monthly release.
Vancouver East 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.
| Property type | Benchmark price | Over the month | Over the year | Sales | Active listings | Months of inventory |
|---|---|---|---|---|---|---|
| Detached house | $1,621,400 | -1.3% | -9.4% | 68 | 598 | 9.2buyers’ territory |
| Townhouse | $985,400 | -2.3% | -7.5% | 13 | 143 | 6.1buyers gaining |
| Apartment / condo | $628,600 | 0.0% | -7.5% | 83 | 505 | 5.4balanced |
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.
Vancouver East home prices, 2016 to 2026
The benchmark price each August, a decade back. Same month every year, so the comparison carries no seasonal distortion.
| August | Detached | Townhouse | Apartment |
|---|---|---|---|
| 2016 | $1,523,200 | $739,600 | $479,600 |
| 2017 | $1,521,300 | $883,800 | $572,300 |
| 2018 | $1,466,300 | $899,600 | $608,800 |
| 2019 | $1,344,700 | $817,500 | $560,800 |
| 2020 | $1,473,900 | $884,000 | $606,900 |
| 2021 | $1,664,400 | $995,600 | $646,900 |
| 2022 | $1,794,300 | $1,083,000 | $690,000 |
| 2023 | $1,909,800 | $1,122,200 | $718,000 |
| 2024 | $1,873,000 | $1,142,700 | $704,900 |
| 2025 | $1,790,100 | $1,065,300 | $679,300 |
| 2026 | $1,621,400 | $985,400 | $628,600 |
Over those 10 years detached moved from $1,523,200 to $1,621,400 — +6.4%, townhouse moved from $739,600 to $985,400 — +33.2%, and apartment moved from $479,600 to $628,600 — +31.1%.
Build your own Vancouver East chart — every property type and metric the board publishes, back to 2000.
Common questions about Vancouver prices
- What is the average house price in Vancouver?
- $1,361,064, averaged across the 6,118 homes that sold in Vancouver from September 2025 to August 2026. That covers every board sub-region in Vancouver, Vancouver West and Vancouver East, added together. It is a single figure where the benchmark below is not.
- How much does a house cost in Vancouver?
- The board does not publish one figure for Vancouver — it reports Vancouver West, Vancouver East separately. As of August 2026 the detached benchmark is Vancouver West at $2,932,700, Vancouver East at $1,621,400.
- What is the average house price in Vancouver West?
- $1,472,637, averaged across the 3,938 homes that sold in Vancouver West from September 2025 to August 2026. By type: detached $3,458,171, townhouse $1,445,499, apartment $959,856. 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 Vancouver West?
- 39 days on market on average across 3,938 sales, September 2025 to August 2026. That is the time from listing to an accepted offer, not to completion.
- What is the benchmark price for a house in Vancouver West?
- The benchmark price for a detached house in Vancouver West is $2,932,700 as of August 2026, -8.7% 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 Vancouver West?
- The benchmark price for a townhouse in Vancouver West is $1,334,900 as of August 2026, -3.8% over the year.
- How much is a condo in Vancouver West?
- The benchmark price for an apartment or condo in Vancouver West is $774,900 as of August 2026, -3.8% over the year.
- Have home prices gone up in Vancouver West over the last ten years?
- Between 2016 and 2026, detached moved from $3,567,100 to $2,932,700 (-17.8%), townhouse moved from $1,090,800 to $1,334,900 (+22.4%), apartment moved from $615,700 to $774,900 (+25.9%). Each figure is the benchmark price for the same calendar month, so the comparison carries no seasonal distortion.
- Is Vancouver West a buyers' or sellers' market?
- As of August 2026, detached sits at 10.6 months of inventory (buyers’ territory), townhouse sits at 8.9 months of inventory (buyers’ territory), apartment sits at 6.7 months of inventory (buyers gaining). Four months or less typically reads as sellers' territory, four to six balanced, six to eight buyers gaining leverage, and over eight buyers' territory.
- What is the average house price in Vancouver East?
- $1,159,517, averaged across the 2,180 homes that sold in Vancouver East from September 2025 to August 2026. By type: detached $1,856,934, townhouse $1,105,150, apartment $684,743. 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 Vancouver East?
- 32 days on market on average across 2,180 sales, September 2025 to August 2026. That is the time from listing to an accepted offer, not to completion.
- What is the benchmark price for a house in Vancouver East?
- The benchmark price for a detached house in Vancouver East is $1,621,400 as of August 2026, -9.4% 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 Vancouver East?
- The benchmark price for a townhouse in Vancouver East is $985,400 as of August 2026, -7.5% over the year.
- How much is a condo in Vancouver East?
- The benchmark price for an apartment or condo in Vancouver East is $628,600 as of August 2026, -7.5% over the year.
- Have home prices gone up in Vancouver East over the last ten years?
- Between 2016 and 2026, detached moved from $1,523,200 to $1,621,400 (+6.4%), townhouse moved from $739,600 to $985,400 (+33.2%), apartment moved from $479,600 to $628,600 (+31.1%). Each figure is the benchmark price for the same calendar month, so the comparison carries no seasonal distortion.
- Is Vancouver East a buyers' or sellers' market?
- As of August 2026, detached sits at 9.2 months of inventory (buyers’ territory), townhouse sits at 6.1 months of inventory (buyers gaining), apartment sits at 5.4 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 median, it compares like to like — a benchmark detached home this month against the same benchmark home last month — which is what makes month-over-month and year-over-year comparisons meaningful.
Months of inventory divides active listings by recent monthly sales. Four months or less typically reads as sellers’ territory, four to six balanced, six to eight buyers gaining leverage, and over eight buyers’ territory. Both metrics are aggregate; specific property types and price bands can read differently.
Benchmarks are aggregate figures — a specific property may transact above or below depending on lot, condition, age and the active buyer pool. Use the benchmark as the trend line, not the listing price. Source: Greater Vancouver REALTORS® monthly board release. Deemed reliable but not guaranteed.
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