data pack: the vancouver rennie review | March 2025

vancouver east DETACHED - FEBRUARY 2 0 2 5

SALES TO LISTINGS RATIO 10% BUYERS' MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 2% VS 2024

▲ 1.8% VS 2024

▲ 41% VS 2024

▼ 14% VS 2024

There were 533 detached listings in Vancouver East in February, 9% above January and 41% higher than February 2024. February detached home sales increased by 83% month-over-month, to 55, and were 14% below February 2024. The sales-to-listing ratio for detached in Vancouver East, at 10%, re'ected a buyers' market. The detached median price in February was $1,900,000, a 2.0% increase from January and 1.8% above February 2024. The average sold price was $1,974,571, 1.8% below last month and up 2% to February 2024.

THIS MONTH No. $1,974,571 $1,900,000 10% 55 533

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE

$1,929,582 $1,865,944 17% 64 377

2% 1.8% -39% -14% 41%

$2,009,996 $1,863,000 6% 30 488

68% 83% 9%

-1.8% 2%

▶ RATIO OF MEDIAN PRICES

▶ RECENT TRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

593

592

561

640

624

609

601

516

533

1.76

1.75

510

1.69

488

1.58

1.57

1.54

377

414

116

104

89

79

76

59

57

46

30

64

55

74

74

$1.96M $1.99M $2.02M $2.10M $1.87M

$1.97M $1.87M $1.94M $1.85M $1.88M $1.88M $1.86M $1.90M

24-Feb

25-Jan

25-Feb

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY ● S-L RATIO

200

100%

150

100

27%

50

14%

13%

8%

4%

0

<$1M

$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M

$6.0M+

S-L RATIO SALES INVENTORY

2 0 n/a

1 1 100%

22 6 27%

183 24 13%

118 17 14%

80 6 8%

96 0 n/a

28 1 4%

2 0 n/a

1 0 n/a

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 47 ●

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