{"id":255,"date":"2025-12-03T19:41:15","date_gmt":"2025-12-03T19:41:15","guid":{"rendered":"https:\/\/sanjin.synology.me\/wordpress\/?p=255"},"modified":"2025-12-03T19:41:16","modified_gmt":"2025-12-03T19:41:16","slug":"greater-vancouver-november-2025-market-review","status":"publish","type":"post","link":"https:\/\/sanjin.synology.me\/wordpress\/2025\/12\/03\/greater-vancouver-november-2025-market-review\/","title":{"rendered":"Greater Vancouver \u2013 November 2025 Market Review"},"content":{"rendered":"\n<p>Overall, November shows a <strong>cool but steady market<\/strong> across Greater Vancouver, with most areas sitting in <strong>balanced to buyers\u2019 market conditions<\/strong> as inventory declines slightly month-over-month but sales drop more sharply. Many submarkets saw <strong>lower prices<\/strong>, <strong>longer days on market<\/strong>, and <strong>reduced sales activity<\/strong>, reflecting a cautious buyer pool heading into winter.<\/p>\n\n\n\n<p>Across almost all regions, sales ratios for both detached and attached homes sit in the <strong>7%\u201320% range<\/strong>, which is mostly <strong>buyers\u2019 market to balanced territory<\/strong>. Examples include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Vancouver West Attached:<\/strong> 15% sales ratio \u2014 Balanced market. Homes selling ~3% below list.<\/li>\n\n\n\n<li><strong>Vancouver East Detached:<\/strong> 9% \u2014 Buyers market. Prices down 11% month-over-month.<\/li>\n\n\n\n<li><strong>Richmond Attached:<\/strong> 11% \u2014 Buyers market with sales down 24% monthly.<\/li>\n\n\n\n<li><strong>North Vancouver Attached:<\/strong> 20% \u2014 Balanced, but slowing from the previous month.<\/li>\n\n\n\n<li><strong>West Vancouver Attached:<\/strong> 14% \u2014 Balanced but soft conditions persist.<\/li>\n<\/ul>\n\n\n\n<p>A consistent pattern appears:<br><strong>Inventory is trending down slightly, but sales are dropping faster<\/strong>, which keeps the advantage on the buyer side in many communities.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\"><strong>Key Market Themes (Based on SnapStats):<\/strong><\/h1>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1. Price Softness Across Many Submarkets<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Vancouver East and Richmond show noticeable price declines month-to-month (\u201311% and \u20135% respectively).\n<ul class=\"wp-block-list\">\n<li>Vancouver East Detached price fell to <strong>$1,641,500<\/strong>.<\/li>\n\n\n\n<li>Richmond Attached fell to <strong>$685,000<\/strong>.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. Homes Taking Longer to Sell<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>DOM (Days on Market) often increasing \u2014 with some areas doubling (e.g., Ladner detached DOM up 100%).<\/li>\n\n\n\n<li>Buyers are slower and more selective.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3. Select Price Bands Still Performing Well<\/strong><\/h3>\n\n\n\n<p>Despite overall caution, there are pockets of strong demand:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Vancouver West Attached:<\/strong> $700k\u2013$800k band at <strong>28% sales ratio<\/strong> (Seller\u2019s Market).<\/li>\n\n\n\n<li><strong>North Vancouver Attached:<\/strong> $400k\u2013$500k at <strong>42% sales ratio<\/strong> (strong Seller\u2019s Market).<\/li>\n\n\n\n<li><strong>Richmond Detached:<\/strong> $1.25M\u2013$1.5M at <strong>24%<\/strong> (Seller\u2019s Market).<\/li>\n<\/ul>\n\n\n\n<p>This means <strong>value-priced and entry-level homes<\/strong> are moving fastest.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\"><strong>What This Market Means for Buyers<\/strong><\/h1>\n\n\n\n<p><strong>This is one of the best windows in 2025 for strategic buyers.<\/strong><\/p>\n\n\n\n<p>\u2714 <strong>More leverage:<\/strong> Most areas are in buyers\u2019 market conditions (7%\u201312% sales ratios).<br>\u2714 <strong>Negotiation room:<\/strong> Homes are selling <strong>1\u20134% below list price<\/strong> depending on region.<br>\u2714 <strong>More days on market:<\/strong> Good properties are sitting longer \u2192 increased negotiation power.<br>\u2714 <strong>Less competition:<\/strong> Sales are down across the board (some areas \u221240%+).<br>\u2714 <strong>Best opportunities:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Vancouver East detached $2M\u2013$2.25M (Buyers Best Bet).<\/li>\n\n\n\n<li>Richmond attached 3-bed homes and $1.5M\u2013$1.75M band.<\/li>\n\n\n\n<li>West Vancouver attached up to 1-bedroom units.<\/li>\n<\/ul>\n\n\n\n<p><strong>Buyer Strategy Recommendation:<\/strong><br>Move decisively on well-priced listings. Get ahead of the spring surge, when competition historically increases.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\"><strong>What This Market Means for Sellers<\/strong><\/h1>\n\n\n\n<p><strong>Sellers can still succeed, but strategy matters more than ever.<\/strong><\/p>\n\n\n\n<p>\u2714 <strong>Price sharply:<\/strong> With many areas selling at <strong>97\u201399% of list<\/strong>, buyers ignore overpriced listings immediately.<br>\u2714 <strong>Focus on the most active price bands:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Vancouver West attached: <strong>$700k\u2013$800k<\/strong> is strongest.<\/li>\n\n\n\n<li>Kitsilano &amp; Mount Pleasant attached continue to outperform.<br>\u2714 <strong>Exceptional presentation is essential:<\/strong> Clean, staged, move-in-ready homes sell faster and closer to list price.<br>\u2714 <strong>Inventory is down:<\/strong> Good for sellers \u2014 fewer competing listings, especially heading into winter.<\/li>\n<\/ul>\n\n\n\n<p><strong>Seller Best Bets from SnapStats:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Vancouver West: Kitsilano, Mount Pleasant, 1-bedroom and 2-bedroom units.<\/li>\n\n\n\n<li>Richmond: South Arm, East Cambie, 2-bedroom homes.<\/li>\n\n\n\n<li>Vancouver East: Victoria neighborhood and 2-bedroom properties.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\"><strong>Final Summary<\/strong><\/h1>\n\n\n\n<p>The November 2025 market is <strong>softening<\/strong>, <strong>balanced in some pockets<\/strong>, and <strong>firmly buyer-tilted in others<\/strong>. Prices have eased, days on market are rising, and sales volumes have dropped. But well-priced, well-presented listings in high-demand neighborhoods still move quickly.<\/p>\n\n\n\n<p>This is a <strong>prime moment for buyers<\/strong> who want leverage and selection \u2014 and a <strong>strategic moment for sellers<\/strong> who price correctly and prepare their homes professionally.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Overall, November shows a cool but steady market across Greater Vancouver, with most areas sitting in balanced to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,4],"tags":[14],"class_list":["post-255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-stats","category-news","tag-real-estate-stats","content-wrap"],"_links":{"self":[{"href":"https:\/\/sanjin.synology.me\/wordpress\/wp-json\/wp\/v2\/posts\/255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sanjin.synology.me\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sanjin.synology.me\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sanjin.synology.me\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sanjin.synology.me\/wordpress\/wp-json\/wp\/v2\/comments?post=255"}],"version-history":[{"count":1,"href":"https:\/\/sanjin.synology.me\/wordpress\/wp-json\/wp\/v2\/posts\/255\/revisions"}],"predecessor-version":[{"id":257,"href":"https:\/\/sanjin.synology.me\/wordpress\/wp-json\/wp\/v2\/posts\/255\/revisions\/257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sanjin.synology.me\/wordpress\/wp-json\/wp\/v2\/media\/256"}],"wp:attachment":[{"href":"https:\/\/sanjin.synology.me\/wordpress\/wp-json\/wp\/v2\/media?parent=255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sanjin.synology.me\/wordpress\/wp-json\/wp\/v2\/categories?post=255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sanjin.synology.me\/wordpress\/wp-json\/wp\/v2\/tags?post=255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}