Vancouver House Market Report – May 2021

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.

← April 2021 Next month →
327
Units Sold
$2,632,387
Avg Sold Price
18d
Avg Days on Market
Buyer's Market
Market Condition
3,085 active at start of month 692 new listings Absorption rate: 10.6% Highest sold: $19,150,000 Lowest sold: $928,000

How Does May 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2021 (this report) 327 $2,632,387 18d
April 2021 month prior 349 -6.3% $2,787,115 -5.6% 22d -18.2%
May 2020 year ago 55 +494.5% $2,268,289 +16.1% —

3-Year Price Trend — Vancouver House

The Vancouver house real estate market was a Buyer's Market in May 2021, with 3,085 active listings at the start of the month, 327 properties sold, an average sold price of $2,632,387, properties averaging 18 days on market, an absorption rate of 10.6%. All data is sourced from MLS® sold records.

Recently Sold in Vancouver

4467 St. George Street
Sold $2,226,000
3 bd • 2 ba • House
4207 15th Avenue
Sold $2,170,000
5 bd • 2 ba • House
412 21st Avenue
Sold $2,691,000
3 bd • 3 ba • House
3450 Oxford Street
Sold $1,280,000
3 bd • 1 ba • House
295 23rd Avenue
Sold $3,650,000
4 bd • 3 ba • House
7547 Selkirk Street
Sold $2,920,000
5 bd • 6 ba • House

Active Listings in Vancouver

836 68th Avenue
$1,799,000
4 bd • 2 ba • House
1549 33rd Avenue
$4,900,000
6 bd • 4 ba • House
3456 36th Avenue
$2,999,999
7 bd • 6 ba • House
4195 15th Avenue
$2,698,000
4 bd • 3 ba • House
5336 Knight Street
$1,249,000
5 bd • 3 ba • House
3 Sennok Crescent
$1,399,000
6 bd • 4 ba • House
Hani Faraj – RE/MAX Crest Realty
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 May 2021

In May 2021, the Vancouver house real estate market is classified as a Buyer's Market with an absorption rate of 10.6%. 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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