Vancouver House Market Report – November 2023

Q: How many homes sold in Vancouver in November 2023?

120 house properties sold in Vancouver during November 2023 based on MLS® records. There were 8,505 active listings at the start of the month. A total of 192 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 November 2023 was $2,974,765. Sold prices ranged from $1,200,000 to $14,000,000. Data is sourced from MLS® board records.

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

In November 2023, house properties in Vancouver averaged 40 days on the market before selling. With an absorption rate of 1.4%, 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 November 2023 was $2,974,765, up 8.1% year-over-year compared to November 2022 ($2,751,076). Sales volume was up 21.2% 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.

← October 2023 Next month →

120

Units Sold

$2,974,765

Avg Sold Price

40d

Avg Days on Market

Buyer's Market

Market Condition

8,505 active at start of month 192 new listings Absorption rate: 1.4% Highest sold: $14,000,000 Lowest sold: $1,200,000

How Does November 2023 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
November 2023 (this report)	120	$2,974,765	40d
October 2023 month prior	128 -6.3%	$2,890,872 +2.9%	28d +42.9%
November 2022 year ago	99 +21.2%	$2,751,076 +8.1%	—

3-Year Price Trend — Vancouver House

The Vancouver house real estate market was a Buyer's Market in November 2023, with 8,505 active listings at the start of the month, 120 properties sold, an average sold price of $2,974,765, properties averaging 40 days on market, an absorption rate of 1.4%. 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

Get your home value ›

All Types Condos Houses Townhouses

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

Frequently Asked Questions — Vancouver November 2023

Is it a good time to buy in Vancouver? −

In November 2023, the Vancouver house real estate market is classified as a Buyer's Market with an absorption rate of 1.4%. 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 November 2023? +

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.