Estimated reading time: 3 minutes
The June 2025 housing data is in, and Metro Vancouver Real Estate Market is showing signs of balance returning. While home sales dipped slightly compared to last year, active listings have surged, days on market have lengthened, and prices across all major home types have inched downward. For buyers, this shift offers more breathing room. For sellers, it means more competition.
Let’s break down what’s happening across the region.
See Full Stats
Market Snapshot: Inventory Up, Prices Softening
Key Stats Across All Property Types:
- Detached Homes:
- Sales: 661 (↓4.5% YoY)
- Listings: 6,740 (↑21.0%)
- Benchmark Price: $1,994,500 (↓3.2%)
- Avg Days on Market: 36 (↑16.1%)
- Condos:
- Sales: 1,048 (↓15.8%)
- Listings: 7,349 (↑15.4%)
- Benchmark Price: $748,400 (↓3.2%)
- Avg Days on Market: 35 (↑45.8%)
- Townhomes:
- Sales: 393 (↑8.0%)
- Listings: 2,080 (↑23.9%)
- Benchmark Price: $1,103,900 (↓3.0%)
- Avg Days on Market: 29 (↑45.0%)
Summary: More homes are on the market, but they’re taking longer to sell and fetching slightly lower prices across the board.
Sales-to-Active Ratio: Who Holds the Power?
- Detached: 9.8% → Buyer’s Market
- Condos: 14.3% → Leaning Buyer’s Market
- Townhomes: 18.9% → Balanced Market
Interpretation: Buyers are in control for detached and condo properties. Townhomes remain more competitive due to limited supply and steady demand.
Market Breakdown by Property Type
Detached Homes: Opportunity in Volume
With over 6,700 listings and longer average days on market (36 days), detached homes are seeing the most significant supply-side buildup. Sales were down slightly year over year, and prices fell 3.2%.
Neighbourhood Notes:
- Squamish bucked the trend with an 8.2% price gain
- West Vancouver and Vancouver West remain the most expensive markets with benchmark prices over $3M
Condos: Buyers Taking Their Time
Condo inventory grew by over 15%, and days on market jumped 46%. Sales dropped nearly 16%, pushing prices down to a benchmark of $748,400.
Neighbourhood Notes:
- Burnaby South: $811,100 (↓3.8%)
- Richmond: $708,800 (↓5.1%)
- Squamish: $619,800 (↑3.7%), rare growth amid regional softness
Townhomes: The Most Balanced Segment
Despite a 24% rise in listings, townhome sales actually grew by 8%. Benchmark prices only dipped 3%, holding stronger than detached and condo segments.
Neighbourhood Highlights:
- Coquitlam: $1,096,600 (↑1.1%)
- North Shore and Richmond saw declines of 2–5%
- Pitt Meadows: $839,200 (↑0.6%), still climbing modestly
Price Per Square Foot: Regional Averages
- Detached: ~$775/sqft
- Condos: ~$895/sqft
- Townhomes: ~$781/sqft
Trend: Condos remain highest on a per-square-foot basis, while townhomes continue to offer the most value in family-sized living.
Year-over-Year Trendline
- Prices: Down across all property types (between 2.4% and 3.4%)
- Inventory: Up significantly—21% for detached, 15% for condos, 24% for townhomes
- Sales Activity: Slowed for condos and detached; townhomes held firm
FAQ: Metro Vancouver Real Estate – June 2025
Is Metro Vancouver still a seller’s market?
Only for certain townhome pockets. Detached and condo markets have shifted in favour of buyers.
What’s driving the rise in listings?
A mix of seasonal listings and hesitant buyers waiting on interest rate movements and more value.
Are prices still dropping?
Yes, but gradually, between 2%–4% annually. The market is adjusting, not crashing.
Where are buyers most active?
Townhomes in family-focused communities like Coquitlam, Pitt Meadows, and Squamish are seeing the most activity.
Thinking of Buying or Selling This Summer?
Now more than ever, navigating the Metro Vancouver market takes data, strategy, and experience. Whether you’re upsizing, downsizing, or investing, we’ll help you take the right step at the right time. Book your virtual consultation.
Explore other Market Trends
Want to see how the market is shifting beyond Metro Vancouver? You can also eget a broader view of trends accross Coquitlam and Port Moody in our latest June 2025 market updates.