South Marine, Vancouver Market Report – May 2026

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.

← April 2026
19
Units Sold
$691,821
Avg Sold Price
47d
Avg Days on Market
Buyer's Market
Market Condition
1,754 active at start of month 61 new listings Absorption rate: 1.1% Highest sold: $1,489,000 Lowest sold: $449,900

How Does May 2026 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2026 (this report) 19 $691,821 47d
April 2026 month prior 15 +26.7% $758,900 -8.8% 29d +62.1%
May 2025 year ago 17 +11.8% $767,394 -9.8%

3-Year Price Trend — South Marine, Vancouver

The South Marine, Vancouver real estate market was a Buyer's Market in May 2026, with 1,754 active listings at the start of the month, 19 properties sold, an average sold price of $691,821, properties averaging 47 days on market, an absorption rate of 1.1%. 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 May 2026

In May 2026, the South Marine, Vancouver real estate market is classified as a Buyer's Market with an absorption rate of 1.1%. 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: 06/13/2026   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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