📊 August 2025 Vancouver Real Estate Market Update

Easing prices are bringing buyers back into the market! 🏡 Here’s everything you need to know about how the Vancouver housing market performed in August 2025.

📈 Home Sales Are Rising

• 1,959 homes sold across Metro Vancouver in August.

• That’s a 2.9% increase compared to August 2024.

• Still, sales remain 19.2% below the 10-year seasonal average, meaning activity is improving but not back to “normal.”

🏘️ More Listings, More Choice

• 4,225 new listings hit the MLS® in August, up 2.8% year-over-year.

• Total active listings reached 16,242—that’s 17.6% higher than last year and nearly 37% above the 10-year average.

  👉 Buyers currently have plenty of options to choose from!

📊 Sales-to-Active Listings Ratio

The sales-to-active listings ratio is a key market indicator:

• Overall: 12.4%

• Detached homes: 9.3%

• Townhomes: 15.8%

• Apartments: 14%

💡 Historically, when the ratio falls below 12%, prices trend downward. Above 20%, prices usually climb. Right now, we’re balanced.

💵 Home Prices Are Easing

• Composite benchmark price: $1,150,400

  
  

  • ↓ 3.8% from August 2024

  • ↓ 1.3% from July 2025

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By property type:

• 🏠 Detached homes – $1,950,300 (↓ 4.8% YoY)

• 🏢 Apartments – $734,400 (↓ 4.4% YoY)

• 🏘️ Townhouses – $1,079,600 (↓ 3.5% YoY)

📉 Sellers are lowering expectations, and that’s creating more alignment with buyers.

🔎 What This Means for You

✅ Buyers: The market is more affordable compared to last year, but with sales activity picking up, the window of opportunity may narrow soon.

✅ Sellers: Proper pricing is key—well-priced homes are moving, especially in the detached and townhouse segments.

👋 Final Thoughts

August showed signs of renewed confidence in the market, with buyers stepping back in and sellers adjusting expectations.

👉 Thinking about buying or selling? Now’s the time to review your options.

🔗 Book a free strategy call with me and let’s build your plan together.