Vancouver Real Estate December 2025 | Vancouver East & Vancouver West Market
Written by Lynn Le Drew
Vancouver real estate December 2025 closed out a year that marked the lowest annual sales total in over two decades. Subsequently, both Vancouver East and Vancouver West experienced continued price softening throughout the final month. Moreover, buyers benefited from abundant inventory choices with properties taking longer to sell. As a result, both communities entered 2026 with favorable conditions for purchasers seeking opportunities in Canada’s most dynamic real estate market.

Vancouver East Real Estate December 2025 – Year-End Brings Balanced Market Dynamics
Vancouver East real estate market demonstrated balanced market dynamics as 2025 concluded. Therefore, this created varied opportunities for both buyers and sellers across property segments.
Vancouver East Housing Market Price Analysis:
Vancouver East Detached Homes / Houses:
The benchmark price declined 1.1% month-over-month to $1,718,800. Furthermore, this represents a 7.6% decrease compared to December 2024. Currently, Vancouver East remains below Metro Vancouver’s benchmark of $1,879,800. Specifically, this provides approximately $161,000 value advantage from regional averages.
Browse Vancouver East detached homes under $1,720,000 here, or explore available options above $1,720,000.
Vancouver East Townhouses / Attached Homes:
Townhouse prices declined 2.9% from November to $1,035,100. Additionally, year-over-year prices dropped 8.7% from December 2024. Currently, Vancouver East stays below Metro Vancouver’s benchmark of $1,056,600. As a result, this provides approximately $21,500 value advantage below regional standards.
Explore Vancouver East townhomes listed below $1,040,000 here, or check out exclusive properties above $1,040,000.
Vancouver East Condos / Apartments:
Condo prices declined 0.5% from November to $650,100. Additionally, prices decreased 5.9% compared to December 2024. Currently, Vancouver East stays below Metro Vancouver’s benchmark of $710,000. Moreover, this provides approximately $59,900 value advantage over regional averages.
Search Vancouver East condos priced below $655,000 here, or view high-end listings above $655,000.
Vancouver East Real Estate Market Activity:
New listings showed positive year-over-year momentum across property types. Detached home listings totaled 66 in December, down from November’s 125. Meanwhile, this represented a 13.6% year-over-year increase. Active inventory stood at 416 detached homes. Townhouse listings reached 73, down from November’s 156. Nevertheless, this marked a solid 24.7% increase year-over-year. Condo listings totalled 75, down from November’s 142, showing a 10.7% year-over-year increase. Active inventory for townhouses and condos combined stood at 431 units.
Sales activity showed mixed year-over-year performance across property segments. Detached home sales totaled 51 with a 77.3% sales-to-new-listings ratio, indicating seller’s market conditions with strong demand. Additionally, the sales-to-active-listings ratio reached 12.3%, exceeding Metro Vancouver’s 9.3% baseline. Townhouse sales reached 42, producing a 57.5% sales-to-new-listings ratio, reflecting balanced conditions. Condo sales totaled 65, yielding an 86.7% sales-to-new-listings ratio, suggesting strong seller’s market conditions for apartments. Furthermore, the combined sales-to-active-listings ratio for townhouses and condos achieved 17.9%, exceeding Metro Vancouver’s townhouse baseline of 14.6% and condo baseline of 15.1%. These ratios indicate resilient demand heading into 2026, with Vancouver East demonstrating solid absorption particularly in the detached and condo segments despite the challenging year.
- Browse all detached homes in Vancouver East with upcoming open houses here.
- Explore Vancouver East townhouses hosting open houses here.
- View all Vancouver East condos with open houses coming up here.

Vancouver West Real Estate December 2025 – Premium Market Shows Resilience Into Year-End
Vancouver West real estate market maintained premium positioning while demonstrating varied dynamics as 2025 concluded. Consequently, this created distinct opportunities across different price points and property types.
Vancouver West Housing Market Price Analysis:
Vancouver West Detached Homes / Houses:
The benchmark price declined 1.1% month-over-month to $3,137,400. However, year-over-year prices decreased 5.4% from December 2024. Currently, Vancouver West dramatically exceeds Metro Vancouver’s benchmark of $1,879,800. Moreover, this commands a substantial premium of approximately $1,257,600.
Browse Vancouver West detached homes listed under $3,140,000 here, or explore upscale options above $3,140,000.
Vancouver West Townhouses / Attached Homes:
Townhouse prices increased 3.4% from November to $1,413,200. However, year-over-year prices dropped 7.4% from December 2024. Specifically, Vancouver West substantially exceeds Metro Vancouver’s benchmark of $1,056,600. As a result, this commands approximately $356,600 premium above regional standards.
Check out Vancouver West townhouses available under $1,415,000 here, or explore luxury properties exceeding $1,415,000.
Vancouver West Condos / Apartments:
Condo prices increased 0.7% from November to $782,200. However, year-over-year prices fell 1.7% from December 2024. Currently, Vancouver West remains above Metro Vancouver’s benchmark of $710,000. Therefore, this represents approximately $72,200 premium over regional averages.
View Vancouver West condos listed below $785,000 here, or check out high-end selections above $785,000.
Vancouver West Real Estate Market Activity:
New listings displayed mixed year-over-year trends across property segments. Detached home new listings decreased to 53 from November’s 119. Meanwhile, this marked a 9.4% year-over-year increase. Active inventory stood at 494 detached homes. Townhouse new listings reached 57, down from November’s 124. Nevertheless, this reflected a solid 24.6% increase year-over-year. Condo new listings totalled 206, down from November’s 459, representing a 14.1% year-over-year decline. Active inventory for condos and townhouses combined stood at 634 units, while Downtown Vancouver condos and townhouses totalled 758 units.
Sales activity showed strong absorption ratios across all property types. Detached home sales totalled 49 with a 92.5% sales-to-new-listings ratio, indicating strong seller’s market conditions. Additionally, the sales-to-active-listings ratio reached 10.1%, slightly exceeding Metro Vancouver’s 9.3% baseline. Townhouse sales reached 36, producing a 63.2% sales-to-new-listings ratio, reflecting seller’s market conditions with healthy demand. Condo sales led with 201 transactions, yielding a 97.6% sales-to-new-listings ratio, suggesting robust seller’s market conditions for apartments. Furthermore, the combined sales-to-active-listings ratio for condos and townhouses achieved 17.4%, exceeding both Metro Vancouver’s townhouse baseline of 14.6% and condo baseline of 15.1%. The Downtown Vancouver combined ratio stood at 15.2%, aligning closely with Metro levels. These ratios demonstrate resilient demand across Vancouver West’s premium market segments, with particularly strong absorption in condos and detached homes heading into the new year.
- Discover Vancouver West detached homes with upcoming open houses here.
- Find all Vancouver West townhouses hosting open houses here.
- Check out Vancouver West condos with open houses coming up here.
Metro Vancouver Market Context – Historic Year Concludes With Buyer-Favorable Conditions
December 2025 concluded a year for the history books in Metro Vancouver real estate. According to Greater Vancouver REALTORS®, Andrew Lis noted: “This year was one for the history books. Although the sales total was the lowest in over two decades, Realtors were still busy listing properties. Sellers brought the highest total of listings to market on record since the mid-1990s, eclipsing the previous record high in 2008 by a little over 1,000 listings.”
Furthermore, Lis observed: “The forecast we put out last January noted a foreseeable downside risk, which while prescient, unfortunately materialized in 2025. Specifically, we noted that trade tensions with the USA could negatively impact sales and prices, and this downside risk came to pass.” However, he added: “The upshot, however, is that the negative impact of these trade tensions appears to be easing, and consumer sentiment has improved modestly over the second half of the year.”
Regarding market conditions entering 2026, Lis commented: “With lower prices, lower borrowing costs, and plenty of inventory to choose from, homebuyers in 2026 are starting the year with favorable conditions. Whether these conditions translate into a market with stronger demand will be the million-dollar question – and we’ll be monitoring this story closely as it unfolds.”
Metro Vancouver’s sales-to-active-listings ratios stood at 9.3% for detached homes, 14.6% for townhouses, and 15.1% for condos. Vancouver East demonstrated strong performance compared to these benchmarks, with houses achieving 12.3% (exceeding Metro’s baseline by 3 percentage points), and combined townhouses and condos reaching 17.9% (exceeding both Metro’s townhouse and condo baselines). Meanwhile, Vancouver West recorded solid results with houses at 10.1% (slightly above Metro), and combined condos and townhouses at 17.4% (exceeding both Metro benchmarks). The Downtown Vancouver combined ratio of 15.2% aligned closely with Metro averages.
Therefore, both Vancouver communities concluded 2025 demonstrating resilient fundamentals despite the historic challenges facing the broader market. The solid absorption metrics relative to Metro Vancouver baselines, combined with easing prices and abundant inventory, position both areas favorably for potential recovery momentum in 2026 as trade tensions ease and consumer sentiment continues improving.
FAQ – Vancouver Real Estate December 2025
Q: Are Vancouver home prices rising or falling in January 2026?
A: Vancouver prices continued declining through December 2025. Vancouver East houses fell 1.1% monthly and 7.6% annually, townhouses dropped 2.9% monthly and 8.7% annually, while condos declined 0.5% monthly and 5.9% annually. Vancouver West saw houses decrease 1.1% monthly and 5.4% annually, townhouses increased 3.4% monthly but declined 7.4% annually, and condos rose 0.7% monthly but fell 1.7% annually, reflecting year-end price adjustment.
Q: Is it a good time to buy Vancouver real estate in January 2026?
A: January 2026 presents favorable buying conditions following December’s historic year conclusion. Vancouver East shows sales-to-active-listings ratios of 12.3% for houses and 17.9% combined for townhouses and condos, both exceeding Metro Vancouver baselines. Vancouver West demonstrates 10.1% for houses and 17.4% combined for condos and townhouses. Lower prices, reduced borrowing costs, and abundant inventory create advantageous conditions for early 2026 buyers.
Q: Which Vancouver area offers better real estate value in January 2026?
A: Vancouver East provides superior value with houses at $1.7M versus Vancouver West’s $3.1M. Additionally, Vancouver East prices stay below Metro Vancouver benchmarks across all property types while demonstrating strong absorption fundamentals (12.3% houses, 17.9% combined multi-family versus Metro’s 9.3%, 14.6%, and 15.1% respectively).
Q: How does Vancouver East compare to Vancouver West for real estate investment in January 2026?
A: Vancouver East shows excellent value positioning with below-market pricing and robust absorption exceeding Metro baselines across all segments (12.3% houses versus Metro’s 9.3%, 17.9% combined multi-family versus Metro’s 14.6%-15.1%). Vancouver West offers luxury positioning with premium locations and solid fundamentals (10.1% houses, 17.4% combined multi-family), particularly strong condo absorption with 97.6% sales-to-new-listings ratio.
Q: What are the best Vancouver communities to buy in January 2026?
A: Both Vancouver East and Vancouver West offer compelling opportunities entering 2026. Vancouver East provides exceptional value with below-Metro pricing and strong demand fundamentals across all property types. Vancouver West delivers premium positioning with luxury amenities and resilient absorption metrics despite challenging market conditions. Buyers benefit from record inventory levels and favorable pricing following 2025’s historic adjustment.