October 2025 Vancouver Real Estate: The Highlights

In October 2025, Vancouver’s real estate market remained fragmented: condos and townhomes were largely balanced while detached homes mostly favoured buyers. Sellers held the advantage on the Eastside (especially Main St and Hastings), in North Vancouver’s Blueridge and Deep Cove, and in Kitsilano and Kerrisdale. Buyers found the best deals in Westside luxury homes ($7.5M+), Richmond detached properties, West Vancouver across all types, and Coal Harbour condos. The simple takeaway: sellers should price aggressively for specific hotspots, while buyers should target higher price ranges and softer neighbourhoods to negotiate from strength.

Where Sellers Have the Upper Hand

For Condos & Townhomes:

• Eastside (especially Main St, Hastings, Grandview): Multiple offers common—this is the hottest segment
• Kitsilano & Kerrisdale (Westside): Strong demand, quick sales
• North Shore: Northlands and Harbourside are moving fast

For Houses:

• North Vancouver (Blueridge, Deep Cove, Lynn Valley): Only true sellers’ market for detached homes
• Ladner: Both houses and condos selling quickly
• Yaletown and West End: Strong for condo sellers

Key Seller Stat: Homes in these hotspots sell at 20-50% sales ratios (meaning 2-5 properties sell for every 10 listed)

Where Buyers Get the Best Deals

For Detached Houses:

• Westside luxury market ($7.5M+, Shaughnessy, South Granville): Room to negotiate, plenty of inventory
• Richmond: Overall soft market with good selection
• West Vancouver: Clear buyers’ market across all property types
• Eastside neighbourhoods (Main, Collingwood, Grandview): Negotiable prices in detached segment

For Condos:

• Coal Harbour: High inventory, low competition
• South Granville (Westside): Buyers have clear advantage
• Brighouse (Richmond): Good selection and negotiable prices

Key Buyer Stat: These areas show 4-11% sales ratios (less than 1 sale per 10 listings), with prices typically 4-9% below list

Quick Reference

Simple Advice:
Sellers: Focus on pricing aggressively for your specific pocket—location matters more than city-wide trends.
Buyers: Target the buyer-friendly areas and higher price ranges to avoid bidding wars and negotiate from strength.