Insights

By property type in North Vancouver, sales of detached homes were down 16.9%, condos down 19.4% and townhomes up 11.4% from Q1 2025. In West Vancouver, sales of detached homes were down 8.1% and condos up 11.5% from Q1 2025. West Vancouver townhomes recorded 7 sales, compared with 4 in Q1 2025.

New listings totalled 1,298 in North Vancouver (up 1.9% from Q1 2025) and 573 in West Vancouver (up 1.8% from Q1 2025). Active listings at the end of March stood at 974 in North Vancouver (up 14.2% from March 2025 and 62.2% above the ten-year average for March) and 630 in West Vancouver (down 1.3% from March 2025 and 16.3% above the ten-year average for March).

The overall sales-to-active ratio in March was 18.8% in North Vancouver and 7.0% in West Vancouver. By property type, North Vancouver was 14.8% for detached homes, 21.0% for condos and 18.3% for townhomes; West Vancouver was 6.4% for detached homes, 9.9% for condos and 7.1% 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 10 days in North Vancouver (8 a year earlier), at 97.7% of the original asking price, and in 41 days in West Vancouver (16 a year earlier), at 93.7%.

MLS® Home Price Index benchmark prices in March, compared with March 2025: North Vancouver detached homes down 5.3%, condos down 4.9%, townhomes down 4.3%; West Vancouver detached homes down 4.8% and condos down 10.9%. Benchmark prices were lower than a year earlier in every segment for which a benchmark is published.