Garden City Market Trends

MLS® Home Price Index benchmark prices in Richmond, Greater Vancouver

July 2026
Benchmark price
$1,477,200
9.2% YoY
Price History
37 months

Garden City at a glance

The benchmark price of a home in Garden City was $1,477,200 in July 2026, down 9.2% from a year earlier. That trails the Richmond area average (-7.9% year over year) by 1.3 points. Since July 2023 the benchmark price has fallen 11.1% ($1,662,200 → $1,477,200), with the period high of $1,764,000 in August 2024.

Benchmark price trend

Benchmark price, Aug 2023 Jul 2026. Hover a month for the exact value.

$1.40M$1.50M$1.60M$1.70M$1.80MAug ’23Feb ’25Jul ’26$1.48M

Garden City vs Richmond

Benchmark price indexed to 100 at Aug 2023. Since then, Garden City is down 11.7% vs 13.1% for Richmond overall.

Garden CityRichmond
859095100105110Aug ’23Feb ’25Jul ’26Garden City -11.7%Richmond -13.1%

Benchmark price levels by property type

Property typeJul 2026Jul 20251-yr change
Composite (all types)$1,477,200$1,627,400-9.2%
Detached$1,723,400$1,857,700-7.2%
Townhouse / attached$1,037,300$1,151,800-9.9%
Detached
$1.72M
-7.2% 1yr
Townhouse / attached
$1.04M
-9.9% 1yr

Source: Greater Vancouver REALTORS via MLS® Home Price Index benchmark prices (board-published)

Period: July 2026

Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.