Greater Vancouver REALTORS Monthly Market Report - December 2025

Greater Vancouver REALTORS — December 2025

In December 2025, the Greater Vancouver real estate market sees a composite benchmark price of $1,114,800, reflecting a 4.5% decrease year-over-year. Total sales reach 1,537, down 12.9% from the previous year, while active listings stand at 12,550.

Market Analysis

The Greater Vancouver real estate market continues to exhibit buyer-favorable conditions, with a months of inventory (MOI) of 8.2, indicating a balanced market leaning towards buyers. The sales-to-new-listings ratio (SNLR) is recorded at 83.1%, suggesting that while demand remains relatively stable, it is not sufficient to counteract the increased supply. The total number of new listings in December is 1,849, which contributes to the overall active listings count of 12,550, providing buyers with a wider selection of properties.

Property Type Analysis

In December, the benchmark price for detached homes is $1,879,800, while attached/townhouses are priced at $1,056,600, and apartments at $710,000. The market shows a clear differentiation in pricing across property types, with detached homes maintaining the highest benchmark price, reflecting their continued desirability despite the overall price decline in the market.

Regional Highlights

Regionally, the market dynamics reveal varying trends across different areas of Greater Vancouver. Some neighborhoods are experiencing more significant price adjustments than others, influenced by local economic factors and buyer preferences. The overall decline in sales and prices suggests a cautious approach from buyers, who are likely weighing their options amid a more abundant inventory.

For Buyers

For prospective buyers, December presents an opportunity to explore a diverse range of properties in a market that favors buyers. With an ample supply of active listings, buyers are encouraged to conduct thorough research and consider negotiating on price, as the current market conditions may allow for more favorable terms.

For Sellers

Sellers should remain realistic about pricing in the current market climate, as the year-over-year price decline of 4.5% indicates a need for strategic pricing to attract buyers. It is advisable for sellers to work closely with their REALTORS to assess market conditions and set competitive prices that reflect current buyer sentiment.