Slow sales and high inventory give buyers the edge in October
December Market Update: What This Market Means for You 🏡
As we wrap up 2025, the Metro Vancouver real estate market is continuing to cool—not crashing, not surging, just… adjusting.
November showed us a market where buyers are taking their time, sellers are recalibrating expectations, and deals are getting done when both sides meet in the middle.
Here’s a quick, plain-English breakdown of what’s happening—and what it means for you—by property type.
🏢 Apartments & Condos
What’s happening:
Prices are down about 5% compared to last year
Inventory is high, giving buyers lots of choice
Many listings are sitting longer unless they’re priced well
If you’re buying:
This is one of the best condo markets we’ve seen in years. More options, less competition, and real room to negotiate—especially on older buildings or investor-owned units. Conditions like financing and inspections are back, and that’s a good thing.
If you’re selling:
Buyers are price-sensitive and comparison-shopping. Units that are clean, well-presented, and priced realistically are still selling. Overpriced condos, however, are getting skipped over quickly.
🏘️ Townhomes
What’s happening:
Prices are down roughly 4–5% year-over-year
Townhomes are sitting in a more balanced, slightly buyer-leaning market
Buyers are being selective
If you’re buying:
Townhomes are offering solid value right now—especially for families or buyers moving up from condos. With less urgency in the market, you can take time, negotiate, and focus on layout, strata health, and long-term livability.
If you’re selling:
Townhomes are still in demand, but only when priced properly. Buyers expect good value and are cautious about strata fees and upcoming maintenance. Transparency and strong pricing matter more than ever.
🏡 Detached Homes
What’s happening:
Prices are down about 4% from last year
Sales are slower, particularly at higher price points
Inventory remains elevated
If you’re buying:
Detached homes are no longer “rush or lose out.” Buyers have time to do their homework, negotiate terms, and wait for the right fit. This is a great environment for move-up buyers who were previously priced out or discouraged.
If you’re selling:
Today’s detached buyers are serious—but careful. Homes that are priced based on peak-market expectations are sitting. Sellers who price strategically and stay flexible are the ones seeing results.
📊 Big Picture Takeaways
Buyers have more choice and more leverage
Sellers need to be realistic and market-aware
Pricing, presentation, and strategy matter more than timing
Well-aligned deals are still happening every day
December is typically a quieter month, and this year looks no different. That can actually be a great time for serious buyers and motivated sellers to make moves without the noise of peak season.
🤔 Thinking About Your Next Step?
Every neighborhood and property type is behaving a little differently right now. If you’re curious how these trends apply to your specific situation, I’m always happy to talk it through—no pressure, no sales pitch.
Just reply to this email or reach out anytime.
Please give us a call or reply to this email if you would like to chat about your plans, whether it’s right away or in a few months. We would love the opportunity to tailor a specific plan for your timing and needs.
Looking to buy, sell or move? Please reply to this email, and we would be delighted to chat with you! Check out our Google reviews HERE.
Please click the below links for your complimentary updated Vancouver Real Estate statistics package. For a more detailed pricing/activities package for your relevant area, please feel free to contact us, and we would be happy to send one to you.
Detailed Real Estate Board Statistics Package