Vancouver Townhouse Market Report – August 2021

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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96
Units Sold
$1,320,324
Avg Sold Price
31d
Avg Days on Market
Buyer's Market
Market Condition
1,369 active at start of month 126 new listings Absorption rate: 7% Highest sold: $5,550,000 Lowest sold: $560,000

How Does August 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2021 (this report) 96 $1,320,324 31d
July 2021 month prior 88 +9.1% $1,426,006 -7.4% 30d +3.3%
August 2020 year ago 95 +1.1% $1,209,139 +9.2%

3-Year Price Trend — Vancouver Townhouse

The Vancouver townhouse real estate market was a Buyer's Market in August 2021, with 1,369 active listings at the start of the month, 96 properties sold, an average sold price of $1,320,324, properties averaging 31 days on market, an absorption rate of 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 Vancouver specialist
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Frequently Asked Questions — Vancouver August 2021

In August 2021, the Vancouver townhouse real estate market is classified as a Buyer's Market with an absorption rate of 7%. 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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