Vancouver Real Estate Market Report - February 2026

Vancouver's Real Estate Market Sees Median Price at $1,375,000

The most striking feature of Vancouver's real estate market in February 2026 is the median price of $1,375,000, indicating a diverse range of property values. The average price stands significantly higher at $1,964,515, suggesting a skew towards high-end properties.

Price Breakdown by Property Type

Implications for Buyers

With 1,988 new listings in the past 30 days, buyers have fresh options but must act quickly. The absence of available townhouses means buyers should focus on condos and houses. Condos, with a median price of $850,000, offer a more accessible entry point compared to houses. Buyers should leverage the high number of active listings, currently at 3,731, to negotiate better terms.

Implications for Sellers

Sellers of high-end properties may capitalize on the skewed average price of $1,964,515, particularly in the luxury segment. With 1,006 houses on the market, sellers should highlight unique features to stand out. The high volume of condo listings, at 2,210, suggests increased competition; pricing competitively is crucial to attract offers. Sellers should consider the market's high activity level to time their sales strategically.

30-Second Takeaway

• Median price sits at $1,375,000 with an average of $1,964,515.
• Active listings total 3,731; new listings in 30 days are 1,988.
• Condos offer a more affordable option with a median price of $850,000.
• High-end sellers benefit from the market skew towards luxury properties.
• Buyers should act swiftly amid high listing activity.