Insights

By property type in North Vancouver, sales of detached homes were down 14.9%, condos down 20.5% and townhomes up 42.9% from February 2025. In West Vancouver, sales of detached homes were down 24.1% and condos up 14.3% from February 2025. West Vancouver townhomes recorded 3 sales, compared with 1 in February 2025.

New listings totalled 403 in North Vancouver (up 15.8% from February 2025) and 156 in West Vancouver (down 9.3% from February 2025). Active listings at the end of February stood at 847 in North Vancouver (up 22.2% from February 2025 and 53.1% above the ten-year average for February) and 607 in West Vancouver (up 1.3% from February 2025 and 14.4% above the ten-year average for February).

The overall sales-to-active ratio in February was 15.9% in North Vancouver and 5.4% in West Vancouver. By property type, North Vancouver was 12.9% for detached homes, 16.6% for condos and 22.7% for townhomes; West Vancouver was 4.8% for detached homes, 7.8% for condos and 8.8% 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 14 days in North Vancouver (13 a year earlier), at 97.3% of the original asking price, and in 30 days in West Vancouver (24 a year earlier), at 94.2%.

MLS® Home Price Index benchmark prices in February, compared with February 2025: North Vancouver detached homes down 8.5%, condos down 5.6%, townhomes down 5.3%; West Vancouver detached homes down 9.2% and condos down 3.8%. Benchmark prices were lower than a year earlier in every segment for which a benchmark is published.