Fairview VW, Vancouver Market Report – April 2023

Fairview is a centrally located westside Vancouver neighbourhood nestled between Broadway and the False Creek shoreline, offering an appealing mix of urban convenience and residential calm. The neighbourhood's real estate ranges from mid-rise and high-rise condominiums along the Broadway corridor to character houses, half-duplexes, and boutique low-rise buildings on quieter side streets south of Broadway. Fairview is home to Vancouver General Hospital and a significant health sciences campus, making it a prime address for medical professionals and healthcare workers. The Broadway-City Hall and Broadway-Commercial SkyTrain stations and numerous bus routes along Broadway and Cambie provide excellent transit connectivity. South Granville's galleries, fine dining, and specialty retailers are within walking distance, while the False Creek Seawall offers recreational access to Science World, Granville Island, and beyond. Fairview remains one of Vancouver's most liveable and professionally oriented westside communities.

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25
Units Sold
$833,090
Avg Sold Price
24d
Avg Days on Market
Buyer's Market
Market Condition
776 active at start of month 43 new listings Absorption rate: 3.2% Highest sold: $1,465,000 Lowest sold: $508,000

How Does April 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
April 2023 (this report) 25 $833,090 24d
March 2023 month prior 28 -10.7% $1,073,398 -22.4% 22d +9.1%
April 2022 year ago 37 -32.4% $1,097,268 -24.1%

3-Year Price Trend — Fairview VW, Vancouver

The Fairview VW, Vancouver real estate market was a Buyer's Market in April 2023, with 776 active listings at the start of the month, 25 properties sold, an average sold price of $833,090, properties averaging 24 days on market, an absorption rate of 3.2%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Fairview VW, Vancouver specialist
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Frequently Asked Questions — Fairview VW, Vancouver April 2023

In April 2023, the Fairview VW, Vancouver real estate market is classified as a Buyer's Market with an absorption rate of 3.2%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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