Park Royal is an active condo market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Park Royal based on MLS® data.
| Period | Units Sold | Avg Sold Price | Avg DOM |
|---|---|---|---|
| June 2023 (this report) | 6 | $1,576,135 | 52d |
| May 2023 month prior | 5 +20% | $1,703,400 -7.5% | 27d +92.6% |
| June 2022 year ago | 1 +500% | $1,185,000 +33% | — |
In June 2023, the Park Royal, West Vancouver condo real estate market is classified as a Buyer's Market with an absorption rate of 4.2%. 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.