Vancouver House Market Report – May 2025

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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140
Units Sold
$2,650,113
Avg Sold Price
31d
Avg Days on Market
Buyer's Market
Market Condition
12,334 active at start of month 497 new listings Absorption rate: 1.1% Highest sold: $15,180,000 Lowest sold: $980,000

How Does May 2025 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2025 (this report) 140 $2,650,113 31d
April 2025 month prior 120 +16.7% $2,627,374 +0.9% 30d +3.3%
May 2024 year ago 179 -21.8% $2,926,720 -9.5%

3-Year Price Trend — Vancouver House

The Vancouver house real estate market was a Buyer's Market in May 2025, with 12,334 active listings at the start of the month, 140 properties sold, an average sold price of $2,650,113, properties averaging 31 days on market, an absorption rate of 1.1%. 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 Vancouver specialist
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Frequently Asked Questions — Vancouver May 2025

In May 2025, the Vancouver house real estate market is classified as a Buyer's Market with an absorption rate of 1.1%. 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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