Insights

By property type in North Vancouver, sales of detached homes were down 24.4%, condos down 54.9% and townhomes unchanged from January 2025. In West Vancouver, sales of detached homes were down 5.9% and condos down 10.0% from January 2025. West Vancouver townhomes recorded 2 sales, compared with 2 in January 2025.

New listings totalled 401 in North Vancouver (down 4.3% from January 2025) and 210 in West Vancouver (up 11.1% from January 2025). Active listings at the end of January stood at 758 in North Vancouver (up 22.7% from January 2025 and 50.9% above the ten-year average for January) and 586 in West Vancouver (up 4.5% from January 2025 and 17.6% above the ten-year average for January).

The overall sales-to-active ratio in January was 12.1% in North Vancouver and 4.9% in West Vancouver. By property type, North Vancouver was 10.8% for detached homes, 11.3% for condos and 16.5% for townhomes; West Vancouver was 3.6% for detached homes, 9.7% for condos and 5.7% for townhomes. A ratio below 12% is often associated with downward pressure on prices, and one above 20% with upward pressure. The median home sold in 26 days in North Vancouver (15 a year earlier), at 97.0% of the original asking price, and in 65 days in West Vancouver (61 a year earlier), at 93.2%.

MLS® Home Price Index benchmark prices in January, compared with January 2025: North Vancouver detached homes down 6.9%, condos down 0.8%, townhomes down 7.5%; West Vancouver detached homes down 8.2% and condos down 1.4%. Benchmark prices were lower than a year earlier in every segment for which a benchmark is published.