South Cambie, Vancouver Townhouse Market Report – May 2023

South Cambie is an active townhouse market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for South Cambie based on MLS® data.

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3
Units Sold
$1,836,900
Avg Sold Price
19d
Avg Days on Market
Buyer's Market
Market Condition
40 active at start of month 4 new listings Absorption rate: 7.5% Highest sold: $2,070,900 Lowest sold: $1,699,900

How Does May 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2023 (this report) 3 $1,836,900 19d
April 2023 month prior 2 +50% $1,718,950 +6.9% 50d -62%

3-Year Price Trend — South Cambie, Vancouver Townhouse

The South Cambie, Vancouver townhouse real estate market was a Buyer's Market in May 2023, with 40 active listings at the start of the month, 3 properties sold, an average sold price of $1,836,900, properties averaging 19 days on market, an absorption rate of 7.5%. 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 South Cambie, Vancouver specialist
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Frequently Asked Questions — South Cambie, Vancouver May 2023

In May 2023, the South Cambie, Vancouver townhouse real estate market is classified as a Buyer's Market with an absorption rate of 7.5%. 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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