July 2025: Market Update
Aug 09, 2025
“July Sees Ongoing Sales Recovery”
“The June data showed early signs of sales activity in the region turning a corner, and these latest figures for July are confirming this emerging trend. Although the Bank of Canada held the policy rate steady in July, this decision could help bolster sales activity by providing more certainty surrounding borrowing costs at a time where economic uncertainty lingers due to ongoing trade negotiations with the US.” Andrew Lis, GVR director of economics and data analytics
The sales-to-active listings ratio for July 2025 is 13.8%. By property type, the ratio is 10.2% for detached homes, 16.7% for attached, and 15.9% for apartments.
Sales are picking up, but current inventory levels are keeping prices stable for now as supply and demand stay balanced. If sales keep rising, inventory could shrink, giving sellers more bargaining power and reducing today’s favourable conditions for buyers.
We understand that market statistics can sometimes feel too general, leaving you wondering, “How does this apply to me?” To address this, we’ve detailed the sales activity in Downtown Vancouver, East Van, and the Westside. Our goal is to help you gain a clearer understanding of the real estate trends directly affecting your neighbourhood.
Downtown Vancouver:
- Market Type: Buyers Market at 11% Sales Ratio average (1.1 in 10 homes selling rate)
- Housing Prices: Homes are selling on average 4% below list price
- Most Active Price Band: Homes between $400,000 – $500,000 with average 44% Sales Ratio (Sellers market)
- Opportunity for Buyers: Homes between $1.5mil – $1.75mil Coal Harbour, Downtown and 3 bedroom properties
- Opportunity for Sellers: Selling homes in West End and up to 2 bedroom properties
Vancouver Westside:
Detached Housing
- Market Type: Buyers Market at 8% Sales Ratio average (8 in 100 homes selling rate)
- Housing Prices: Homes are selling on average 6% below list price
- Most Active Price Band: Homes between $2.25 mil – $2.5 mil with average 37% Sales Ratio (Sellers Market)
- Opportunity for Buyers: Homes minimum $5.5 mil to $6 mil, Kerrisdale, Marpole, Shaughnessy, South Granville and 7 plus bedrooms
- Opportunity for Sellers: Selling homes in Mackenzie Heights and 3-4 bedroom properties
Attached Housing
- Market Type: Balanced Market at 17% Sales Ratio average (1.7 in 10 homes selling rate)
- Housing Prices: Homes are selling on average 100% of list price
- Most Active Price Band: Homes between $600,000 – $700,000 with average 32% sales ratio (Sellers market)
- Opportunity for Buyers: Homes between $2.25 mil – $2.5 mil, Cambie, South Granville and 3 bedroom properties
- Opportunity for Sellers: Selling homes in Kitsilano, Quilchena and up to 1 bedroom properties
Vancouver Eastside:
Detached Housing
- Market Type: Buyers Market at 9% Sales Ratio average (9 in 100 homes selling rate)
- Housing Prices: Homes are selling on average 3% below list price
- Most Active Price Band: Homes between $1.25 mil – $1.75 mil with average 18% Sales Ratio (Balanced Market)
- Opportunity for Buyers: Homes between $2.75 mil – $3.5 mil, Collingwood, Killarney, Knight, Main and Renfrew properties
- Opportunity for Sellers: Selling homes in Hastings Sunrise and 3 to 4 bedroom properties
Attached Housing
- Market Type: Balanced Market at 20% Sales Ratio average (2 in 10 homes selling rate)
- Housing Prices: Homes are selling on average 3% below list price
- Most Active Price Band: Homes between $400,000 – $500,000 with average 34% Sales Ratio (Sellers Market)
- Opportunity for Buyers: Homes between $1.75 mil – $2 mil Collingwood, Downtown, Renfrew and minimum 4 bedroom properties
- Opportunity for Sellers: Selling homes in Fraser, Hastings, and 2 to 3 bedroom properties
Get in touch with us today to better understand your unique situation and get honest advice on how your home fits within the overall picture. It’s important to ensure you’re getting the right advice with your best interests at heart.
Let’s chat over a complimentary coffee and see how we can help with any questions you may have!
This report data was captured on August 1, 2025 from the Real Estate Board of Greater Vancouver MLS®. Refer to our YTD reports for sustained periods of the Sales Ratio %. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Resident Experts do not assume any responsibility or liability.
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