greater vancouver board area CONDO - OCTOBER 2 0 2 5
SALES TO LISTINGS RATIO 16% BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 6% VS 2024
MEDIAN PRICE
TOTAL INVENTORY
SALES
▼ 6% VS 2024
▼ 3% VS 2024
▼ 23% VS 2024
▲ 10% VS 2024
There were 6,891 condo listings in the Greater Vancouver board area in October, 4% below September and 10% higher than October 2024. October condo sales increased by 13% month-over-month, to 1,072, and were 23% below October 2024. The sales-to-listing ratio for condos in the Greater Vancouver board area, at 16%, reflected a balanced market. The condo median price in October was $680,000, a 0.3% increase from September and 3% below October 2024. The average sold price was $766,831, 0.8% above last month; the average PSF sale price was $883, down 0.9% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
1,072 6,891
1,396 6,278
-30% -23% 10%
$892 $760,501 $678,000 13% 948 7,158
17% 13% -4%
$883 $766,831 $680,000 16%
$938 $811,788 $700,000 22%
-0.9% 0.8% 0.3%
-6% -6% -3%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● OCT 2024 ● OCT 2025
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
7,228
7,158
7,595
6,601
7,378
6,891
7,297
6,830
6,278
5,821
5,840
5,161
4,783
1,160
1,135
1,086
1,095
1,396
1,072
1,092
1,046
973
955
948
892
848
$720K
$722K
$712K
$705K
$708K
$700K
$700K
$700K
$696K
$690K
$687K
$678K
$680K
REBGV
FVREB
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
2,000
4+ bdrms
45
78
1,500
3 bdrms
694
1,000
591
2 bdrms
3,798
19% 18%
500
13% 13%
10%
390
8%
6%
<2 bdrms
4%
2,213
0
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
13
S-L RATIO SALES INVENTORY
1,821 352 19%
2,157 387 18%
1,312 175 13%
609 82 13%
398 32 8%
274 28 10%
117 7 6%
203 9 4%
Null
141
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 November 14, 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. 9 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online