West Vancouver Real Estate Market Update – June 2025

Sales Drop, Inventory Up, Prices Under Pressure

West Vancouver’s real estate market in June reflects a cooler trend compared to last year, with sales declining across all property types, inventory remaining steady or slightly higher, and benchmark prices dipping. Market dynamics suggest more balanced-to-buyer-friendly conditions, especially in condos.

Key Market Stats for June 2025

Detached Homes

  • Sales: 30 (-30.2% YoY)
  • Days on Market Average: 32 (-22.0% YoY)
  • MLS® HPI Benchmark Price: $3,191,100 (-4.3% YoY)

Condos

  • Total Active Listings: 136 (-1.4% YoY)
  • Sales: 15 (-40.0% YoY)
  • Days on Market Average: 51 (+112.5% YoY)
  • MLS® HPI Benchmark Price: $1,324,000 (-2.0% YoY)

Townhomes

  • Total Active Listings: 29 (+20.8% YoY)
  • Sales: 7 (+133.3% YoY)
  • Days on Market Average: 45 (+181.3% YoY)
  • MLS® HPI Benchmark Price: N/A (Insufficient data)

Market Trends & Expert Insights

  • Detached Homes: Inventory Outpaces Sales
    Listings increased 7.2% YoY, but sales fell 30.2%, and prices dropped by 4.3%, signaling greater buyer leverage in the luxury segment.
  • Condos: Slowest Segment with Extended Selling Times
    Sales plunged 40%, while time on market more than doubled to 51 days, pushing prices down by 2.0%. Buyers now have ample room for negotiation.
  • Townhomes: Small Segment but Big Sales Spike
    Despite limited availability, sales more than doubled YoY, yet days on market surged, showing volatility in this niche market.
  • Sales-to-Active Ratio Snapshot:
    • Townhomes: 24.1% → Seller’s Market
    • Condos: 11.0% → Balanced Market (leaning Buyer)
    • Detached: 5.2% → Buyer’s Market

What This Means for Buyers & Sellers

For Buyers:

  • Detached buyers have the strongest negotiating position in years, with ample listings and softening prices.
  • Condo buyers can take advantage of longer listing times and lower prices.

For Sellers:

  • Pricing is key—homes need to be competitive to attract offers.
  • Be prepared for longer timelines in condos and townhomes.

Bottom Line

West Vancouver is transitioning into a more balanced-to-buyer-leaning market for most property types, particularly at the high end. Detached home sellers should price aggressively, while buyers can capitalize on increased inventory and softened prices.

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