South Marine, Vancouver Market Report – February 2021

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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35
Units Sold
$747,521
Avg Sold Price
20d
Avg Days on Market
Balanced Market
Market Condition
248 active at start of month 46 new listings Absorption rate: 14.1% Highest sold: $1,538,900 Lowest sold: $485,000

How Does February 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2021 (this report) 35 $747,521 20d
January 2021 month prior 32 +9.4% $692,877 +7.9% 23d -13%

3-Year Price Trend — South Marine, Vancouver

The South Marine, Vancouver real estate market was a Balanced Market in February 2021, with 248 active listings at the start of the month, 35 properties sold, an average sold price of $747,521, properties averaging 20 days on market, an absorption rate of 14.1%. 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 Marine, Vancouver specialist
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Frequently Asked Questions — South Marine, Vancouver February 2021

In February 2021, the South Marine, Vancouver real estate market is classified as a Balanced Market with an absorption rate of 14.1%. The market in South Marine, Vancouver is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/13/2026   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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