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Daily Vancouver Housing Market Update for Mar 4th, 2021As of Thursday, Mar 4th, 2021, in Vancouver there are a total of 194 active residential homes for sale, 874 pending listings and 377 properties sold in the most recent 30 day period. The average list price for all active residential listings in Vancouver is $462,967, while the average asking price for properties new on market in the last 30 days is $436,386. Residential homes for sale in Vancouver sold higher than asking price for this month, at an average selling price of $447,931 while new-to-market listings had lower asking prices averaging $436,386.
New listings in Vancouver are outpacing sold properties. For the most recent 30 day period, 377 properties sold and 430 came on the market. In summary, new listings outpaced sales by 53. As a point of reference, in the month prior, there were 378 sold Vancouver residential listings while 548 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 874) because an increase in pending sales may offset an increase in new listing inventory.
*A zero result on the above Vancouver graph means that no properties sold in the respective price range during the month indicated.