South Marine, Vancouver Market Report – August 2020

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

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34
Units Sold
$670,432
Avg Sold Price
27d
Avg Days on Market
Seller's Market
Market Condition
150 active at start of month 57 new listings Absorption rate: 22.7% Highest sold: $940,000 Lowest sold: $397,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 34 $670,432 27d
July 2020 month prior 25 +36% $668,504 +0.3% 27d +0%

3-Year Price Trend — South Marine, Vancouver

The South Marine, Vancouver real estate market was a Seller's Market in August 2020, with 150 active listings at the start of the month, 34 properties sold, an average sold price of $670,432, properties averaging 27 days on market, an absorption rate of 22.7%. 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 Marine, Vancouver specialist
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Frequently Asked Questions — South Marine, Vancouver August 2020

In August 2020, the South Marine, Vancouver real estate market is classified as a Seller's Market with an absorption rate of 22.7%. It is currently a seller's market in South Marine, Vancouver. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/12/2026   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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