Vancouver Townhouse Market Report – February 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.

← January 2021 Next month →
110
Units Sold
$1,330,089
Avg Sold Price
35d
Avg Days on Market
Balanced Market
Market Condition
897 active at start of month 125 new listings Absorption rate: 12.3% Highest sold: $4,100,000 Lowest sold: $558,000

How Does February 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2021 (this report) 110 $1,330,089 35d
January 2021 month prior 69 +59.4% $1,242,514 +7% 33d +6.1%

3-Year Price Trend — Vancouver Townhouse

The Vancouver townhouse real estate market was a Balanced Market in February 2021, with 897 active listings at the start of the month, 110 properties sold, an average sold price of $1,330,089, properties averaging 35 days on market, an absorption rate of 12.3%. 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 February 2021

In February 2021, the Vancouver townhouse real estate market is classified as a Balanced Market with an absorption rate of 12.3%. 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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