Vancouver House Market Report – February 2025

Q: How many homes sold in Vancouver in February 2025?

104 house properties sold in Vancouver during February 2025 based on MLS® records. There were 11,356 active listings at the start of the month. A total of 340 new listings came to market during the month.

Q: What is the average home price in Vancouver?

The average house sold price in Vancouver in February 2025 was $2,597,783. Sold prices ranged from $1,180,000 to $6,880,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Vancouver?

In February 2025, house properties in Vancouver averaged 34 days on the market before selling. With an absorption rate of 0.9%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Vancouver market changed compared to last year?

The average house sold price in Vancouver in February 2025 was $2,597,783, down 7.5% year-over-year compared to February 2024 ($2,809,655). Sales volume was down 29.7% compared to the same month last year. Data is sourced from MLS® sold records.

Vancouver is an active house market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Vancouver based on MLS® data.

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104

Units Sold

$2,597,783

Avg Sold Price

34d

Avg Days on Market

Buyer's Market

Market Condition

11,356 active at start of month 340 new listings Absorption rate: 0.9% Highest sold: $6,880,000 Lowest sold: $1,180,000

How Does February 2025 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
February 2025 (this report)	104	$2,597,783	34d
January 2025 month prior	77 +35.1%	$2,567,821 +1.2%	57d -40.4%
February 2024 year ago	148 -29.7%	$2,809,655 -7.5%	—

3-Year Price Trend — Vancouver House

The Vancouver house real estate market was a Buyer's Market in February 2025, with 11,356 active listings at the start of the month, 104 properties sold, an average sold price of $2,597,783, properties averaging 34 days on market, an absorption rate of 0.9%. All data is sourced from MLS® sold records.

Recently Sold in Vancouver

4467 St. George Street

Active Listings in Vancouver

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Vancouver specialist

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Related: Vancouver House Archive → Live Market Stats → All BC Reports →

Frequently Asked Questions — Vancouver February 2025

Is it a good time to buy in Vancouver? −

In February 2025, the Vancouver house real estate market is classified as a Buyer's Market with an absorption rate of 0.9%. 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.

How many homes sold in Vancouver in February 2025? +

What is the average home price in Vancouver? +

How long are homes sitting on the market in Vancouver? +

How has the Vancouver market changed compared to last year? +

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.