HOW DOES WEST VANCOUVER COMPARE, IN RECENT REAL ESTATE ACTIVITY, TO METRO VANCOUVER?

West Vancouver Vs Metro Vancouver - REAL ESTATE REVIEW

Metro Vancouver

Overall, the real estate market in Metro Vancouver can be identified as a plateaued, Buyer’s market based on sales-to-active ratios. Selection is optimal for Buyers, with inventory 38% above the 10yr average, yet down 4.7% from May 2025. Sales are down 26.6% from the 10-year average, down 3.8% from May’25. Prices have corrected (decreased) on avg 6.2% from May 2025.

SFH detached sales increased by 15% from April’25, and only 1% inc in May’26. May’26 saw a 6.9% decrease in price year to year.

Townhouse sales are down 5.1% compared to 2025 totals for April & May. Price decreased by approx. 5%. Inventory is down 3.5%

 

How does this compare to West Vancouver?

Overall, HPI Price index decreased by 6.7% across all assets in May’26 compared to May’2025. Total inventory is down by 9% from May’25.

SFH – Sales in May’26 were down 10% from the previous year. Saw a price correction of 5.8%. Active listing are up 1.4% from May’25.

Townhouse – Sales in May’26 (2) compared to (5) in May’25. Reduction of 60%. However, April’26 had 5 sales compared to April’25 (1). 400% increase. Inventory is down 17% in May’26;  20 for sale in May’25, 16 for sale in ’26.

 

Summary Takeaway:

·        West Vancouver overall listings for sale has declined faster (-13%) than all of Metro Vancouver (4.7%). Not as much inventory for Buyers, less competition for Sellers.

·        Substantial decrease year-to-year Sales in SFH asset class in West Vancouver (-10%). Note: April Sales #’s were up by 46% compared to April’25. Fairly balanced in overall sales as 2% difference in last 90 days of sales in 2026 vs last 90 days sales (Mar-May) in 2025. Big swings, balanced overall.

·        Half Dupexes (Multiplex/townhouse) for sale under $2.2M, min 3br. West Vancouver 6. Westside of Vancouver 60. East Vancouver 261

 

SFH in West Vancouver, min 3br, less than $2.2M (43).  With suite (10)

 

Compared to other areas: <$2.2M, min 3br, Active for Sale

1)     ½ Duplexes – Westside  – 59

2)     ½ Duplexes – East Vancouver – 261

3)     ½ Duplexes – West Vancouver – 6

 

1)     Townhouses – Westside – 165

2)     Townhouses – East Van – 123

3)     Townhouses – West Vancouver – 8

 

1)     SFH – Westside – 54

2)     SFH – East Van – 418

3)     SFH – West Vancouver – 43

 

July 25/26

West Vancouver SFH CMA – Price: $2.2M - $2.8M, Min 5,500sf lot, last 90 days (July 23)

Active – 25, Median: lot 12ksf, fin sq ft 3,321, age 58 (built ’68), $2.46M

Sold – 7 (2.5 month), Median: lot 7,998sf, fin sq ft 3,282, age 55 (built ‘ 71), $2.12M

Expired – 15, Median lot size 12,000sf, fin sq ft 2,936, $2.388M

 

Larger lots 12,000SF not selling. Smaller lots 7k range are selling