Vancouver Real Estate Market Statistics – October 2017

Here are the latest real estate market statistics from Macdonald Realty on Vancouver Westside and Eastside listings and sales in October 2017.

Vancouver West

In the Vancouver Westside, there were 108 sales of detached homes and 852 active listings at the end of the month. The benchmark sale price was $3,626,300, with an average days on market of 49. The hottest market for sales was Dunbar with 16 sales.

In comparison, the condo market had 393 sales, 769 active listings and a benchmark sale price of $806,500 with an average of 21 days on market. The hottest market for sales was Downtown VW, 90 sales.

Townhome sales were 45, active listings were 136. The benchmark sale price was $1,265,100 with an average days on market of 29. Kitsliano with 15 sales was the hottest market of the month.

It’s a seller’s market for condos and townhomes.


Vancouver East

The Vancouver Eastside had 107 sales and 798 active listings for detached homes at the end of the month. The benchmark sales price was $1,566,700, and the average days on market were 26. The hottest sales markets were Collingwood VE, Fraser VE, Grandview VE, and Killarney VE with 11 sales each.

The condo market featured 151 sales, 202 active listing, and a benchmark sales price was $538,500. The average days on market were 15 days, and the hottest market for sales was Mount Pleasant VE with 69 sales.

The townhome market, on the other hand, had 30 sales and 79 active listings. The benchmark sale price was $855,200 with 23 average days on market. Champlain Heights, Mount Pleasant VE and Victoria VE, with 5 sales each, had the most sales of the month.

It’s a seller’s market for condos and townhomes.


Looking for more information about the real estate market in specific neighbourhoods in the Greater Vancouver

Macdonald Realty has offices across the Greater Vancouver.  Please email or call 1-877-278-3888 to be matched with a REALTOR® working in your area.


MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV)