March Real Estate Stats: A Balanced Market with Changing Dynamics
Apr 13, 2026
Home sales registered on the MLS® in Metro Vancouver continue evolving at a pace similar to last year, with the sales down roughly 3% from last March. The Greater Vancouver REALTORS® reports that residential sales in the region totalled 2,032 in March 2026, a 2.8 % decrease from the 2,091 sales recorded in March 2025.
“Year-to-date, sales are tracking our forecast for the year closely, and the weakness in demand we continue to observe at the aggregate level is unsurprising,” said Andrew Lis, GVR chief economist and vice-president data analytics. “What’s interesting is that the aggregate total masks an emerging divergence among market segments. While the multifamily segment continues to see slower sales, the detached segment may be awakening with sales up, and new listings down from last year.”
“We continue to see fewer sellers stepping into the market than last year, which is keeping inventory levels relatively flat. Pairing this dynamic with sales remaining below long-term averages, we’re not seeing prices move significantly in either direction,” Lis said. “And while the political uncertainty over tariffs may have diminished relative to what we saw in early 2025, the conflict in the middle east is now putting upward pressure on bond yields and fixed mortgage rates.
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: Balanced Market at 15% Sales Ratio average (1.5 in 10 homes selling rate)
- Housing Prices: Homes are selling on average 3% below list price
- Most Active Price Band: Homes between $0 – $300,000 with average 40% Sales Ratio (Sellers market)
- Opportunity for Buyers: Homes minimum $1.75M to $2M in Coal Harbour and 3 bedroom properties
- Opportunity for Sellers: Selling homes in Downtown, West End, and Yaletown and up to 2 bedroom properties
Vancouver Westside:
Detached Housing
- Market Type: Buyers Market at 10% Sales Ratio average (1 in 10 homes selling rate)
- Housing Prices: Homes are selling on average 6% below list price
- Most Active Price Band: Homes between $1.75M – $2M with average 25% Sales Ratio (Sellers Market)
- Opportunity for Buyers: Homes minimum $7.5M, Point Grey, SW Marine, South Granville and minimum 7 bedroom properties
- Opportunity for Sellers: Selling homes in Kerrisdale, Kitsilano and up to 6 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 3% below list price
- Most Active Price Band: Homes between $600,000 – $700,000 with average 34% sales ratio (Sellers market)
- Opportunity for Buyers: Homes between $1.5M – $2M Cambie, Marpole, South Granville, South Cambie and 3 bedroom properties
- Opportunity for Sellers: Selling homes in Fairview, Kitsilano, Quilchena and up to 2 bedroom properties
Vancouver Eastside:
Detached Housing
- Market Type: Balanced Market at 13% Sales Ratio average (1.3 in 10 homes selling rate)
- Housing Prices: Homes are selling on average 3% below list price
- Most Active Price Band: Homes between $1M – $1.25M with average 55% Sales Ratio (Sellers Market)
- Opportunity for Buyers: Homes between $2.75M – $3.5M, South Granville, and up to 2 bedroom properties
- Opportunity for Sellers: Selling homes in Grandview Woodland, Knight, Victoria and minimum 3 bedroom properties
Attached Housing
- Market Type: Sellers Market at 18% Sales Ratio average (1.8 in 10 homes selling rate)
- Housing Prices: Homes are selling on average 5% below list price
- Most Active Price Band: Homes between $900,000 – $1M with average 25% Sales Ratio (Sellers Market)
- Opportunity for Buyers: Homes between $1.5M – $1.75M, Grandview Woodland, Main and up to 1 bedroom properties
- Opportunity for Sellers: Selling homes in Fraser, Renfrew, and 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 April 1, 2026 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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