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Brendan Connolly

Vancouver Real Estate: Westside, Eastside & Downtown

Residential Real Estate Consultant
RE/MAX Crest Realty  604-833-8793

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Vancouver Westside market trends – Houses

Live, interactive charts. Updated monthly!

These Vancouver Westside housing market trends are for the combined sub-areas of Arbutus, Cambie, Coal Harbour, Downtown (West), Dunbar, Fairview, False Creek, Kerrisdale, Kitsilano, MacKenzie Heights, Marpole, Mount Pleasant (West), Oakridge, Point Grey, Quilchena, SW Marine, Shaughnessy, South Cambie, South Granville, Southlands, University, West End and Yaletown.

Graphs for other areas are available. Please get in touch for more information.


Sales Prices

The BC government began collecting the residency status of buyers in June 2016, and swiftly introduced an additional 15% Property Transfer Tax for foreign entities on 2nd August 2016.

The MLS® Home Price Index (HPI) measures home price trends and home price inflation/deflation in residential markets within territories of participating boards in Canada. Prices quoted in the monthly news release from REBGV and in the media typically refer to the MLS® HPI Price. For more information about this tool, visit homepriceindex.ca

Sales-to-Active-Listings Ratio

Generally, analysts say that a balanced market occurs when the sales-to-active-listings ratio (SALR) is between 15% and 20%.
A SALR below 15% is deemed a “buyer’s market” with downward pressure on prices.
A SALR above 20% is deemed a “seller’s market” with upward pressure on prices.
2008 and 2012 were noticeably slower years for selling detached homes on Vancouver’s Westside.

Total Inventory

Inventory levels are typically lower around the Christmas period, but that does not mean that it’s a bad time to have your home on the market!

Number of Sales

Generally, the number of real estate transactions peak in the spring, and there is a second, lower peak in the fall. Transactions are reported to the Real Estate Board when the contract becomes “subject-free” so there is usually a time delay between writing an offer and recording the sale.

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Market trends - Westside

  • Houses
  • Townhouses
  • Apartments

Westside houses

  • All Westside sub-areas
  • Arbutus
  • Cambie
  • Dunbar
  • Kerrisdale
  • Kitsilano
  • MacKenzie Heights
  • Marpole
  • Oakridge
  • Point Grey
  • Quilchena
  • Shaughnessy
  • South Granville
  • Southlands
  • SW Marine
  • University Endowment Lands

Blog categories

  • Lifestyle & community
  • Resources & strategies
  • Vancouver trends

Dedication, open communication style

Lisa & Dean

We forgot the extent of the process and we appreciate the dedication and time you spent going through it with us and explaining everything. Your open and honest communication style helped us get through the… Read more “Dedication, open communication style”

Lisa & Dean
Registered Dietician & Firefighter

Recent articles

Competition among buyers in Metro Vancouver’s housing market heats up as summer arrives

VANCOUVER, BC – June 2, 2023 – While the year started slower than usual, Metro Vancouver’s1 housing market is showing signs of heating up as summer … [Read More...] about Competition among buyers in Metro Vancouver’s housing market heats up as summer arrives

Prices continue rising across Metro Vancouver as home buyer confidence returns

VANCOUVER, BC – May 2, 2023 – With listing activity remaining below historical norms, home sales in Metro Vancouver1 have mounted a surprising … [Read More...] about Prices continue rising across Metro Vancouver as home buyer confidence returns

Spring brings renewed price growth across Metro Vancouver’s housing market while new listings remain dormant

VANCOUVER, BC – April 3, 2023 – Home prices across Metro Vancouver’s1 housing market showed modest increases in March, while new listings remained … [Read More...] about Spring brings renewed price growth across Metro Vancouver’s housing market while new listings remain dormant

Below average home sales allow inventory to inch upwards

VANCOUVER, BC – March 2, 2023 – February listing data show a continued reluctance among prospective home sellers to engage in Metro Vancouver’s* … [Read More...] about Below average home sales allow inventory to inch upwards

Home sales decline below long-term averages and inventory remains low to start 2023

VANCOUVER, BC – February 2, 2023 – Inventory remains low in Metro Vancouver* while home sales dipped well below monthly historical averages in … [Read More...] about Home sales decline below long-term averages and inventory remains low to start 2023

Rising mortgage rates brought uncertainty and caution to Metro Vancouver’s housing market in 2022

VANCOUVER, BC – January 4, 2023 – After seeing record sales and prices during the pandemic, Metro Vancouver’s* housing market experienced a year of … [Read More...] about Rising mortgage rates brought uncertainty and caution to Metro Vancouver’s housing market in 2022

Contact

RE/MAX Crest Realty
1428 W 7th Avenue
Vancouver, BC, V6H 1C1, Canada
Each office independently owned and operated

604-833-8793
hello@brendan.realtor

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Awards & Affiliations


Instagram

Today (Saturday 3rd June) I am hosting an open hou Today (Saturday 3rd June) I am hosting an open house at 1501 W 60th Ave, South Granville from 2:30pm to 4:00pm ✨

🛌 3 bedrooms 
🛁 2 bathrooms
📐 1,225 sq. ft.
💰$1,199,000

Built in 2020, this beautiful near new townhouse which radiates natural light is situated in the central location of Vancouver South. This exceptionally well-kept home features in-floor radiant heat, & air conditioning as well as a large kitchen with high quality Bosch appliances and a open concept living space with an electric fireplace. An excellent location means restaurants and stores are never too far away with UBC, DT Vancouver and Richmond being easily accessible through an easy and direct commute by car or transit with a bus loop located 2 blocks away. Fraser River park is located merely blocks away and you will find this home is in the most highly rated and desirable Elementary and High school catchments.

#newlisting #yvrre #remaxcrest #openhouse #townhouseforsale #realtorlife #ilovemyjob #vancouverrealestate
✨ OPEN HOUSE ✨ 📅 Saturday 3rd June ⏰ 2:30 ✨ OPEN HOUSE ✨
📅 Saturday 3rd June
⏰ 2:30 pm - 4:00pm
📍 1501 W 60th Ave, South Granville
🛌 3 bedroom
🛁 2 bathroom
📐 1,225 sq. ft.
💰$1,199,000

Built in 2020, this beautiful near new townhouse which radiates natural light is situated in the central location of Vancouver South. This exceptionally well-kept home features in-floor radiant heat, & air conditioning as well as a large kitchen with high quality Bosch appliances and a open concept living space with an electric fireplace. An excellent location means restaurants and stores are never too far away with UBC, DT Vancouver and Richmond being easily accessible through an easy and direct commute by car or transit with a bus loop located 2 blocks away. Fraser River park is located merely blocks away and you will find this home is in the most highly rated and desirable Elementary and High school catchments.

#newlisting #vanlife #yvrre #remaxcrest #openhouse #townhouseforsale
⭐️⭐️⭐️⭐️⭐️ REVIEW ✨~ Thanks ⭐️⭐️⭐️⭐️⭐️ REVIEW ✨~ Thanks Alisha, for this fabulous review. It was my pleasure to work with you! Wishing you much happiness in your new home 😊

#vancouverrealestate #happyclient #Ilovemyjob #remaxagent #realtorreview #clienttestimonials #firsthomebuyer 💯✊😍
Home buyer confidence has returned. Prices continu Home buyer confidence has returned. Prices continue rising 🏡📈 Here's my number. Call me, maybe 🎶
🔥New Listing! 📍 South Granville 🛌 3 bedro 🔥New Listing!
📍 South Granville
🛌 3 bedroom
🛁 2 bathroom
📐 1,225 sq. ft.
💰$1,320,000

Built in 2020, this beautiful near new townhouse which radiates natural light is situated in the central location of Vancouver South. This exceptionally well-kept home features in-floor radiant heat, & air conditioning as well as a large kitchen with high quality Bosch appliances and a open concept living space with an electric fireplace. An excellent location means restaurants and stores are never too far away with UBC, DT Vancouver and Richmond being easily accessible through an easy and direct commute by car or transit with a bus loop located 2 blocks away. Fraser River park is located merely blocks away and you will find this home is in the most highly rated and desirable Elementary and High school catchments.

#newlisting #vanlife #yvrre #remaxcrest
"Spring brings renewed price growth across Metro V "Spring brings renewed price growth across Metro Vancouver’s housing market while new listings remain dormant." REBGV March stats are out! 📈📊📉 See my website for full news release and stats package. Link in bio.

#vancouverrealestate #markettrends2023 #housingprices #salestoactivelistingsratio #vancouverhomesales
Congratulations Alisha, on the purchase of your ne Congratulations Alisha, on the purchase of your new home! Thank for for trusting me with your real estate business. 🏡🎊

#vancouversold #sellyeah #remaxagent
🌸 Vancouver 🌸 #cherryblossoms #springinvanc 🌸 Vancouver 🌸

#cherryblossoms #springinvancouver
⭐️⭐️⭐️⭐️⭐️ REVIEW ✨~ Thanks ⭐️⭐️⭐️⭐️⭐️ REVIEW ✨~ Thanks Susan, for this fabulous review. It was my pleasure to work with you!

#vancouverrealestate #happyclient #Ilovemyjob #remaxagent #realtorreview #clienttestimonials💯✊😍
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