Metro Vancouver Real Estate Market Update: July 2026 Analysis

The Metro Vancouver real estate market in July 2026 reflects a balanced landscape across single-family detached homes, townhomes, and condominiums. With baseline inventory providing healthy choices for purchasers and manageable absorption rates, buyers and sellers are navigating a stable environment where strategic pricing and hyper-local insights make all the difference.

Below is an executive analysis of the latest official market data across key property categories and sub-markets.

Executive Overview: July 2026 Market Metrics

Across all property types in Metro Vancouver, inventory levels have expanded compared to earlier months, giving buyers room to negotiate while maintaining steady price floors in core neighborhoods.

Detached Homes Market Breakdown

Single-family detached homes across Metro Vancouver reached a benchmark price of $1,842,900, with properties taking an average of 39 days to sell.

• Vancouver West: Recorded 78 sales out of 734 active listings, averaging 38 days on market, with a benchmark price of $3,042,100 (-9.2% YoY).

• West Vancouver: Registered 40 sales with 508 active listings and an average DOM of 43 days, placing the benchmark price at $2,926,900 (-7.7% YoY). Buyers searching for prestige waterfront estates or luxury rebuild opportunities can explore active property listings directly on our West Vancouver neighbourhood page.

• North Vancouver: Showed strong momentum with 86 sales across 397 active listings and a fast average DOM of 27 days, maintaining a benchmark price of $2,102,200 (-4.6% YoY).

• Burnaby North: Recorded 24 sales out of 247 active listings (37 DOM) with a benchmark of $1,868,900 (-10.9% YoY).

• Coquitlam: Saw 81 sales with 485 active listings, spending an average of 32 days on market with a benchmark price of $1,649,000 (-4.8% YoY).

Townhome Market Dynamics

Townhomes continue to be one of the most resilient segments due to high demand from growing families seeking multi-level living spaces.

• Metro Vancouver Overall: The townhome benchmark price sits at $1,046,200 (-5.0% YoY) with 389 total sales and an average of 35 days on market.

• Vancouver West: Highly active with 51 sales on 328 active listings and a swift average DOM of just 21 days, carrying a benchmark price of $1,351,600 (-5.4% YoY).

• North Vancouver: Townhomes spent an average of 23 days on market, generating 29 sales from 158 active listings at a benchmark price of $1,259,600 (-6.9% YoY). Homeowners and buyers looking for family-oriented townhomes and modern condos in coastal communities can browse current inventory on our North Vancouver neighbourhood page.

• Burnaby North: Recorded 12 sales with 79 active listings (27 DOM) and a benchmark price of $904,000 (-4.0% YoY).

• Coquitlam: Generated strong transaction figures with 54 sales out of 175 active listings averaging 28 days on market, holding a benchmark price of $1,016,200 (-6.4% YoY).

Condominium / Apartment Market Breakdown

The apartment sector remains the highest-volume category in Metro Vancouver, offering entry-level opportunities for first-time home buyers and investors.

• Metro Vancouver Overall: 1,107 sales completed from 6,913 active listings with an average DOM of 39 days and a benchmark price of $695,200 (-7.1% YoY).

• Vancouver West: Recorded 269 sales across 1,721 active listings (40 DOM) at a benchmark price of $779,200 (-5.6% YoY).

• North Vancouver: Saw 95 sales out of 451 active listings with a fast average DOM of 31 days and a benchmark of $787,000 (-4.0% YoY).

• West Vancouver: Showed 18 sales with 145 active listings (60 DOM) and a benchmark of $1,146,900 (-12.0% YoY).

• Burnaby North: Recorded 84 sales out of 553 active listings (43 DOM) with a benchmark of $678,700 (-6.5% YoY).

• Coquitlam: Active market with 112 sales from 627 active listings and an average DOM of 35 days, holding a benchmark price of $653,900 (-7.6% YoY). To evaluate transit-oriented developments and suburban housing options, explore details on our dedicated Coquitlam neighbourhood page.

Strategic Advice for Buyers and Sellers

Key Takeaway: A balanced market with higher baseline inventory rewards precision. Sellers must price accurately based on recent neighborhood comps, while buyers have room to perform due diligence without the pressure of extreme bidding wars.

For Sellers

• Price Realistically: Properties priced aligned with current benchmark values attract buyers quickly, as evidenced by lower days on market in key pockets.

• Highlight Value-Add Features: Energy-efficient upgrades, legal suites, and outdoor spaces continue to command premium interest.

For Buyers

• Leverage Choice: With active listings expanded across detached, townhome, and condo categories, you can negotiate conditions that protect your deposit.

• Focus on Micro-Markets: Sub-markets like North Vancouver and Coquitlam are moving faster than broader regional averages.

Work With Salari Realty Group

Navigating the Metro Vancouver real estate market requires experienced guidance and proven negotiation expertise. Whether you are looking to purchase a family home or list your property for maximum market value, Mehran Salari and the team at Salari Realty Group provide tailored, data-driven strategies.

📞 Contact Mehran Salari PREC* at (778) 900-9001 or visit salarirealty.com to schedule a complimentary home valuation or private market consultation.