Buyer's Market · avg house price $2,734,000 · 2 houses sold (30d) · 23 days on market
Buyers currently have more choice in Southlands, Vancouver's detached home market, with homes taking longer to sell. In the past 30 days, 2 houses and detached homes sold across Southlands, Vancouver at an average sold price of $2,734,000. Properties are selling in an average of 23 days on the market. The absorption rate is 7.4% — meaning 7.4% of the active house inventory sells each month. Average house prices in Southlands, Vancouver are down 36.5% compared to the 90-day average of $4,308,224. If you're considering buying a house in Southlands, Vancouver, you have more time to negotiate — though well-priced single-family homes still attract attention.
12-month average house sold price
Southlands is a Buyer's Market for detached homes and houses (absorption rate: 7.4%, 2 sold vs 27 active listings in the last 30 days).