Point Grey, Vancouver Market Report – March 2021

Point Grey is one of Vancouver's most prestigious and storied westside neighbourhoods, home to the University of British Columbia and bordered by the Pacific Ocean, English Bay, and Pacific Spirit Regional Park. The neighbourhood's real estate is defined by some of Vancouver's most impressive and expensive single-family homes, including heritage mansions, custom contemporary residences, and landmark waterfront estates on streets like Northwest Marine Drive and Chancellor Boulevard. While detached homes dominate, a selection of character lowrises and condos along 10th Avenue and Sasamat Street serve apartment-focused buyers. Point Grey's proximity to UBC's academic and cultural resources, the Museum of Anthropology, Wreck Beach, and Jericho Beach gives it an unmatched combination of natural beauty and intellectual vitality. Point Grey consistently ranks among the highest-valued real estate markets in Metro Vancouver and Canada as a whole.

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29
Units Sold
$3,129,954
Avg Sold Price
22d
Avg Days on Market
Balanced Market
Market Condition
202 active at start of month 46 new listings Absorption rate: 14.4% Highest sold: $8,988,000 Lowest sold: $390,000

How Does March 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
March 2021 (this report) 29 $3,129,954 22d
February 2021 month prior 17 +70.6% $3,346,062 -6.5% 51d -56.9%

3-Year Price Trend — Point Grey, Vancouver

The Point Grey, Vancouver real estate market was a Balanced Market in March 2021, with 202 active listings at the start of the month, 29 properties sold, an average sold price of $3,129,954, properties averaging 22 days on market, an absorption rate of 14.4%. 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 Point Grey, Vancouver specialist
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Frequently Asked Questions — Point Grey, Vancouver March 2021

In March 2021, the Point Grey, Vancouver real estate market is classified as a Balanced Market with an absorption rate of 14.4%. The market in Point Grey, Vancouver is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/04/2026   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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