🏠 WHAT IS YOUR HOME WORTH IN TODAY'S METRO VANCOUVER MARKET?

Metro Vancouver's September 2026 real estate figures reveal an important trend for homeowners considering selling: benchmark prices have declined across all three major housing categories over the past year.

🏡 DETACHED HOMES
Benchmark Price: $1,784,700
↓ 7.3% year-over-year
Average Days on Market: 51

🏘️ TOWNHOMES
Benchmark Price: $1,016,700
↓ 4.7% year-over-year
Average Days on Market: 44

🏢 CONDOS
Benchmark Price: $682,500
↓ 6.2% year-over-year
Average Days on Market: 47

For sellers, these numbers highlight why understanding your property's current value is more important than relying on past market conditions.

Buyers are comparing more options, and properties are taking longer to sell. Pricing based on previous market highs rather than recent comparable sales can make it more difficult to attract serious interest.

However, benchmark prices are only part of the picture. Your property's location, condition, features, and competition within its specific neighbourhood all influence its potential selling price.

The right selling strategy begins with knowing where your property stands in today's market.

📩 Thinking about selling? Let's review your property's market value, examine the competition, and develop a plan to help you achieve the best possible outcome.

Steve Davis | REALTOR®
Oakwyn Realty Encore

Source: Greater Vancouver REALTORS® — September 2026 REALTOR® Report