Southlands, Vancouver House Market Report – July 2020

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

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5
Units Sold
$2,995,300
Avg Sold Price
24d
Avg Days on Market
Buyer's Market
Market Condition
44 active at start of month 7 new listings Absorption rate: 11.4% Highest sold: $3,660,000 Lowest sold: $2,316,500

How Does July 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
July 2020 (this report) 5 $2,995,300 24d
June 2020 month prior 4 +25% $2,610,000 +14.8% 71d -66.2%

3-Year Price Trend — Southlands, Vancouver House

The Southlands, Vancouver house real estate market was a Buyer's Market in July 2020, with 44 active listings at the start of the month, 5 properties sold, an average sold price of $2,995,300, properties averaging 24 days on market, an absorption rate of 11.4%. 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 Southlands, Vancouver specialist
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Frequently Asked Questions — Southlands, Vancouver July 2020

In July 2020, the Southlands, Vancouver house real estate market is classified as a Buyer's Market with an absorption rate of 11.4%. 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: 06/03/2026   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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