Metro Vancouver Real Estate – June 2024

Vancouver Downtown:
Balanced market for condos/townhomes with a 14% sales ratio. Best bets for sellers are in Westend and one-bedroom properties. Buyers should focus on homes over $5M in Coal Harbour and Downtown.

Vancouver Westside:
Balanced market for detached homes with a 13% sales ratio. Sellers thrive in Dunbar and Mackenzie Heights with 3-4 bedroom homes. Condos/townhomes are in a seller’s market with a 21% sales ratio. Fairview and Kitsilano are hot for sellers.

Vancouver Eastside:
Balanced market for detached homes at 13% sales ratio. Most active in the $1.25M-$1.5M range. Buyers should look in Collingwood and Renfrew Heights. Condos/townhomes have a 24% sales ratio, making it a seller’s market, especially in Fraser and Hastings.

North Vancouver:
Seller’s market for detached homes with a 25% sales ratio. Best selling in Dollarton and Edgemont with 3-6 bedroom properties. Attached properties are also in a seller’s market with a 32% sales ratio, hot areas include Lynn Valley and Roche Point.

West Vancouver:
Buyer’s market for detached homes with an 8% sales ratio. Sellers benefit in Dundarave and Eagle Harbour. Condos/townhomes are balanced at 18% sales ratio. Best for sellers in Ambleside and one-bedroom properties.

Richmond:
Balanced market for detached homes at 15% sales ratio. Best areas for sellers include Granville and Steveston South. Condos/townhomes show a 21% sales ratio, favoring sellers in Brighouse South and Steveston Village.

Tsawwassen:
Balanced market for detached homes at 18% sales ratio. Sellers thrive in Pebble Hill with 3-4 bedroom properties. Condos/townhomes are in a seller’s market with a 22% sales ratio. Best for sellers in Tsawwassen North and two-bedroom properties.

Ladner:
Balanced market for detached homes with a 16% sales ratio. Sellers should focus on Ladner Elementary with up to 4 bedroom homes. Condos/townhomes are in a seller’s market with a 29% sales ratio, especially in Hawthorne and two-bedroom properties.

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