Summary Of Condominium Apartment Transactions In Vancouver (April 2025)

• Sales: 36
• Average Days on Market: 14.7
• Average Price: $1,100,434
• Median Price: $1,015,150
• Average Price per Sq. Ft.: $1,157
• Average Sq. Ft.: 951
• Average Maintenance Fee: $752
• Average % Change from List Price: -2.86%
• Active Listings: Inventory remains elevated, giving buyers more choice
• Rental Market: One-bedroom average rent $2,500; two-bedrooms $3,450 (April 2025), both down year-over-year
• Vacancy Rate: 1.6% (2024), projected to rise

Why Choose Vancouver?

Vancouver remains Canada’s most expensive condo and rental market, but 2025 brings more balance: prices are stabilizing, inventory is up, and rents are declining from peak levels. Buyers benefit from more choice and negotiating power, while investors and renters see improved affordability as new supply comes online. Vancouver’s lifestyle, transit expansion, and long-term growth continue to attract buyers, even as the market adjusts to new realities.