Selling Statistics
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Real Estate Market Update - December 2025
Here is our Greater Vancouver Market Update. Subscribe to our Youtube to channel to get see our monthly videos, as well as sign up for our newsletter at the bottom of this page!
Real Estate Market Update - Quick Notes
November wrapped up with some interesting shifts across North Vancouver and West Vancouver, so let’s break down what happened.
Starting in North Vancouver Detached:
The numbers were steady month over month. Sales sat 13% below the 10-year average, inventory was up 9%, and new listings dipped 4%. MOI rose to 5.7, landing us in a balanced market. Even with softer demand, 22% of sales still went at or above asking. The typical detached home now sits at $2.10M, down slightly from last month and year-over-year.
North Vancouver Condos followed a similar trend. Sales were 23% below the 10-year average, inventory rose 20%, and MOI pulled back to 4.8. Buyer urgency remains low—only 10.6% of condos sold at or above asking. The typical condo sits at $792K, down 0.5% from last month.
Townhomes in North Vancouver saw the biggest pullback in demand. Sales were down 21% compared to the 10-year average, while inventory jumped 44%. MOI climbed to 5.9—the highest of the NV segments. That said, lower-priced townhomes are moving: 4 of the 5 above-ask sales were under $1.2M. Typical townhomes sit at $1.29M, up slightly month over month.
Shifting to West Vancouver Detached:
Sales slipped 6% below the 10-year average, inventory rose 7%, and MOI edged up to 15.2—still deep into a buyer’s market. Demand has been tracking right around long-term norms in 4 of the last 5 months, suggesting buyers are finding value. The typical WV detached home is at $3.12M, up 1.2% from last month.
And finally, West Vancouver Condos were the standout performer. With 18 sales—35% above the 10-year average—MOI dropped to 5.6, the lowest level since June 2024. Prices climbed 4.5% month over month to $1.14M.
Overall, buyers remain cautious, but pockets of strength are emerging—especially in West Vancouver condos and lower-priced North Vancouver townhomes. Sellers who price to current conditions are still seeing success.