Vancouver Real Estate Market Update – August 2023

Buyer's Market Absorption rate: 1.9%
← July 2023 Next month →
584
Units Sold
▼ 18.5% vs prev month
$1,420,823
Avg Sold Price
▼ 7.2% vs prev month
29d
Avg Days on Market
Buyer's Market
Market Condition
30,341 active listings at start of month 1,146 new listings Absorption: 1.9% Highest: $11,600,000 Lowest: $280,000

How Does August 2023 Compare?

Period Units Sold Avg Price Avg DOM
August 2023 584 $1,420,823 29
July 2023 717
▼ 18.5%
$1,530,658
▼ 7.2%
25
August 2022 (YoY) 559
▲ 4.5%
$1,406,057
▲ 1.1%
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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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