Vancouver Townhouse Market Report – August 2020

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

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95
Units Sold
$1,209,139
Avg Sold Price
25d
Avg Days on Market
Balanced Market
Market Condition
490 active at start of month 170 new listings Absorption rate: 19.4% Highest sold: $5,850,000 Lowest sold: $510,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 95 $1,209,139 25d
July 2020 month prior 70 +35.7% $1,152,721 +4.9% 27d -7.4%

3-Year Price Trend — Vancouver Townhouse

The Vancouver townhouse real estate market was a Balanced Market in August 2020, with 490 active listings at the start of the month, 95 properties sold, an average sold price of $1,209,139, properties averaging 25 days on market, an absorption rate of 19.4%. 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 Vancouver specialist
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Frequently Asked Questions — Vancouver August 2020

In August 2020, the Vancouver townhouse real estate market is classified as a Balanced Market with an absorption rate of 19.4%. The market in Vancouver is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   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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