Buyer's Market · avg house price $1,605,600 · 5 houses sold (30d) · 41 days on market
Buyers currently have more choice in South Vancouver, Vancouver's detached home market, with homes taking longer to sell. In the past 30 days, 5 houses and detached homes sold across South Vancouver, Vancouver at an average sold price of $1,605,600. Properties are selling in an average of 41 days on the market. The absorption rate is 4.7% — meaning 4.7% of the active house inventory sells each month. Average house prices in South Vancouver, Vancouver are up 3.6% compared to the 90-day average of $1,550,364. If you're considering buying a house in South Vancouver, Vancouver, you have more time to negotiate — though well-priced single-family homes still attract attention.
12-month average house sold price
South Vancouver is a Buyer's Market for detached homes and houses (absorption rate: 4.7%, 5 sold vs 107 active listings in the last 30 days).