Buyer's Market · avg house price $4,700,000 · 1 houses sold (30d) · 41 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, 1 houses and detached homes sold across Arbutus, Vancouver at an average sold price of $4,700,000. Properties are selling in an average of 41 days on the market. The absorption rate is 2.4% — meaning 2.4% of the active house inventory sells each month. Average house prices in Arbutus, Vancouver are up 63.2% compared to the 90-day average of $2,880,167. 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: 2.4%, 1 sold vs 42 active listings in the last 30 days).