Shaughnessy, Vancouver House Market Report – May 2023

In May 2023, the Shaughnessy, Vancouver house real estate market is classified as a Buyer's Market with an absorption rate of 2.2%. 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.

9 house properties sold in Shaughnessy, Vancouver during May 2023 based on MLS® records. There were 409 active listings at the start of the month. A total of 21 new listings came to market during the month.

The average house sold price in Shaughnessy, Vancouver in May 2023 was $6,657,889. Sold prices ranged from $3,950,000 to $15,000,000. Data is sourced from MLS® board records.

In May 2023, house properties in Shaughnessy, Vancouver averaged 60 days on the market before selling. With an absorption rate of 2.2%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average house sold price in Shaughnessy, Vancouver in May 2023 was $6,657,889, up 28.9% year-over-year compared to May 2022 ($5,163,333). Sales volume was up 200% compared to the same month last year. Data is sourced from MLS® sold records.