Downtown (Vancouver West) Market Trends

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

July 2026
Benchmark price
$612,800
7.6% YoY
Price History
37 months

Downtown (Vancouver West) at a glance

The benchmark price of a home in Downtown (Vancouver West) was $612,800 in July 2026, down 7.6% from a year earlier. That trails the Vancouver West area average (-5.6% year over year) by 2.0 points. Since July 2023 the benchmark price has fallen 17.4% ($741,700 → $612,800).

Benchmark price trend

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

$600K$650K$700K$750KAug ’23Feb ’25Jul ’26$613K

Downtown vs Vancouver West

Benchmark price indexed to 100 at Aug 2023. Since then, Downtown is down 12.0% vs 7.9% for Vancouver West overall.

DowntownVancouver West
859095100105Aug ’23Feb ’25Jul ’26Downtown -12.0%Vancouver West -7.9%

Benchmark price levels by property type

Property typeJul 2026Jul 20251-yr change
Composite (all types)$612,800$663,200-7.6%
Townhouse / attached$1,077,600$1,233,800-12.7%
Apartment / condo$604,600$654,500-7.6%
Townhouse / attached
$1.08M
-12.7% 1yr
Apartment / condo
$605K
-7.6% 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.