South Marine, Vancouver Market Report – November 2023

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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15
Units Sold
$892,767
Avg Sold Price
17d
Avg Days on Market
Buyer's Market
Market Condition
886 active at start of month 44 new listings Absorption rate: 1.7% Highest sold: $1,380,000 Lowest sold: $581,000

How Does November 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
November 2023 (this report) 15 $892,767 17d
October 2023 month prior 17 -11.8% $857,194 +4.1% 18d -5.6%
November 2022 year ago 14 +7.1% $755,879 +18.1%

3-Year Price Trend — South Marine, Vancouver

The South Marine, Vancouver real estate market was a Buyer's Market in November 2023, with 886 active listings at the start of the month, 15 properties sold, an average sold price of $892,767, properties averaging 17 days on market, an absorption rate of 1.7%. 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 Market

Last Update: 06/04/2026   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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