Vancouver Real Estate Market Update – August 2024

Buyer's Market Absorption rate: 1.2%
← July 2024 Next month →
500
Units Sold
▼ 18.2% vs prev month
$1,415,994
Avg Sold Price
▼ 0.6% vs prev month
35d
Avg Days on Market
Buyer's Market
Market Condition
41,208 active listings at start of month 1,162 new listings Absorption: 1.2% Highest: $10,200,000 Lowest: $315,000

How Does August 2024 Compare?

Period Units Sold Avg Price Avg DOM
August 2024 500 $1,415,994 35
July 2024 611
▼ 18.2%		 $1,424,292
▼ 0.6%		 31
August 2023 (YoY) 584
▼ 14.4%		 $1,420,823
▼ 0.3%		 —
More Vancouver market intel: New Listings This Week → Price Reductions → Sold Over Asking → All Updates →
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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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