South Granville, Vancouver House Market Report – March 2021

South Granville is one of Vancouver's most sophisticated and artistic neighbourhoods, defined by the celebrated gallery and antique district along Granville Street between 5th and 16th avenues. The neighbourhood attracts art collectors, design professionals, and affluent buyers drawn to its cultural cachet and upscale residential character. Real estate in South Granville features impressive detached heritage homes, character mansions, half-duplexes, and a selection of boutique low-rise condominiums, making it one of Vancouver's most desirable westside addresses. Broadway's health sciences corridor and the Granville Street restaurant strip are both within walking distance, offering exceptional urban amenities. Bus transit along Granville and the Canada Line at Broadway-City Hall station provide convenient access to downtown Vancouver and YVR. South Granville appeals to discerning buyers who value culture, architecture, and a refined westside urban lifestyle in one of Vancouver's most storied communities.

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20
Units Sold
$5,370,261
Avg Sold Price
61d
Avg Days on Market
Balanced Market
Market Condition
124 active at start of month 42 new listings Absorption rate: 16.1% Highest sold: $12,000,000 Lowest sold: $2,488,000

How Does March 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
March 2021 (this report) 20 $5,370,261 61d
February 2021 month prior 8 +150% $4,125,125 +30.2% 60d +1.7%

3-Year Price Trend — South Granville, Vancouver House

The South Granville, Vancouver house real estate market was a Balanced Market in March 2021, with 124 active listings at the start of the month, 20 properties sold, an average sold price of $5,370,261, properties averaging 61 days on market, an absorption rate of 16.1%. 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 South Granville, Vancouver specialist
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Frequently Asked Questions — South Granville, Vancouver March 2021

In March 2021, the South Granville, Vancouver house real estate market is classified as a Balanced Market with an absorption rate of 16.1%. The market in South Granville, Vancouver is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   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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