South Vancouver, Vancouver Market Report – January 2022

In January 2022, the South Vancouver, Vancouver real estate market is classified as a Buyer's Market with an absorption rate of 6.5%. 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.

18 properties sold in South Vancouver, Vancouver during January 2022 based on MLS® records. There were 277 active listings at the start of the month. A total of 43 new listings came to market during the month.

The average sold price in South Vancouver, Vancouver in January 2022 was $1,923,189. Sold prices ranged from $569,000 to $3,175,000. Data is sourced from MLS® board records.

In January 2022, properties in South Vancouver, Vancouver averaged 51 days on the market before selling. With an absorption rate of 6.5%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average sold price in South Vancouver, Vancouver in January 2022 was $1,923,189, up 14.4% year-over-year compared to January 2021 ($1,681,802). Sales volume was down 18.2% compared to the same month last year. Data is sourced from MLS® sold records.