November 2025 Stats: Year-End Sees Little Change
Dec 03, 2025
“Minimal Shifts in Housing Market as Year End Nears”
The Greater Vancouver Realtor (GVR) reports that residential sales in the region totalled 1,846 in November 2025, a 15.4% decrease from the 2,181 sales recorded in November 2024.
“As the year draws to a close, the data continues telling a story of a market with many buyers patiently waiting and sellers adjusting to market conditions not seen in years,” said Andrew Lis, GVR’s chief economist and vice-president, data analytics. “Inventory remains healthy, providing buyers ample choice, which, by contrast, is pushing sellers to accept that pricing must reflect this new reality. Buyers and sellers are striking deals when their expectations are aligned and reflective of the current market – not the market of years ago.”
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 13% Sales Ratio average (1.3 in 10 homes selling rate)
- Housing Prices: Homes are selling on average 2% below list price
- Most Active Price Band: Homes between $600,000 – $700,000 with average 22% Sales Ratio (Sellers market)
- Opportunity for Buyers: Homes minimum $5M and 3 bedroom properties
- Opportunity for Sellers: Selling homes in Yaletown 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 7% below list price
- Most Active Price Band: Homes between $1.75 mil – $2 mil with average 25% Sales Ratio (Sellers Market)
- Opportunity for Buyers: Homes minimum $7.5M, South Granville and 3 to 4 bedroom properties
- Opportunity for Sellers: Selling homes in Mackenzie Heights and up to 2 bedroom properties
Attached Housing
- 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 $700,000 – $800,000 with average 28% sales ratio (Sellers market)
- Opportunity for Buyers: Homes between $1.75M – $2M Dunbar, Oakridge, South Cambie, South Granville and min 4 bedrooms
- Opportunity for Sellers: Selling homes in Kitsilano, Mt Pleasant, Point Grey and up to 1 bedroom properties
Vancouver Eastside:
Detached Housing
- Market Type: Balanced Market at 9% Sales Ratio average (9 in 100 homes selling rate)
- Housing Prices: Homes are selling on average 1% below list price
- Most Active Price Band: Homes between $1.25M – $1.5M with average 28% Sales Ratio (Sellers Market)
- Opportunity for Buyers: Homes between $2M – $2.25M, Collingwood, Fraser, Fraserview, Killarney, Main and min 7 bedrooms
- Opportunity for Sellers: Selling homes in Victoria and up to 2 bedroom properties
Attached Housing
- Market Type: Sellers Market at 20% Sales Ratio average (2 in 10 homes selling rate)
- Housing Prices: Homes are selling on average 2% below list price
- Most Active Price Band: Homes between $600,000 – $700,000 with average 36% Sales Ratio (Sellers Market)
- Opportunity for Buyers: Homes between $1.25M to $1.75M, Downtown, South Vancou ver and 3 bedroom properties
- Opportunity for Sellers: Selling homes in Fraser, Hastings, Knight and 2 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 December 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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