Buyer's Market · avg house price $3,376,667 · 3 houses sold (30d) · 40 days on market
Buyers currently have more choice in Arbutus, Vancouver's detached home market, with homes taking longer to sell. In the past 30 days, 3 houses and detached homes sold across Arbutus, Vancouver at an average sold price of $3,376,667. Properties are selling in an average of 40 days on the market. The absorption rate is 9.4% — meaning 9.4% of the active house inventory sells each month. Average house prices in Arbutus, Vancouver are down 14.5% compared to the 90-day average of $3,950,000. If you're considering buying a house in Arbutus, Vancouver, you have more time to negotiate — though well-priced single-family homes still attract attention.
12-month average house sold price
Arbutus is a Buyer's Market for detached homes and houses (absorption rate: 9.4%, 3 sold vs 32 active listings in the last 30 days).