Archived market update
Metro Vancouver market update — September 2025
A record of what Metro Vancouver looked like in September 2025, kept exactly as it was published, with the source stated for every figure.
September 2025 · Source: GVR
Metro Vancouver market snapshot
Sales were close to where they sat a year earlier, but new and active listings both grew — leaving buyers more selection and keeping benchmark prices below September 2024.
Composite benchmark price
$1,142,100
- 3.2% lower vs. Sep 2024
MLS® Home Price Index estimate of a typical home across all property types — not an average sale price.
Residential sales
1,875
- 1.2% higher vs. Sep 2024
Sales registered on the MLS® in Metro Vancouver during the month.
New listings
6,527
- 6.2% higher vs. Sep 2024
Properties newly listed for sale during the month.
Active listings
17,079
- 14.4% higher vs. Sep 2024
Properties still listed for sale at month end — the selection a buyer had to choose from.
Benchmark price by property type
MLS® Home Price Index benchmark, September 2025. Bars are scaled relative to the highest benchmark shown.
4.4% lower than September 2024
2.7% lower than September 2024
4.4% lower than September 2024
Benchmark prices are MLS® Home Price Index estimates of a typical home of that type in the region — they are not averages of the homes that actually sold.
Overall sales-to-active-listings ratio
11.3%
GVR notes that, over a sustained period, prices tend to face downward pressure when this ratio stays below 12% and upward pressure when it exceeds 20%.
Metro Vancouver, all property types, September 2025.
Source and limitations
Data source: Greater Vancouver REALTORS® (GVR), MLS® Residential Market Report, September 2025 (published October 2, 2025). Figures on this page were last reviewed on September 10, 2026 and are not updated automatically — always confirm the latest report before making a decision.
- These figures describe the whole Metro Vancouver region. Individual communities, neighbourhoods and property types moved by very different amounts in the same month.
- The GVR report covers Bowen Island, Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver and Whistler. Surrey, Langley, Abbotsford, Mission and Chilliwack are reported by the Fraser Valley Real Estate Board instead.
- Benchmark prices are index estimates of a typical home, not the average of what actually sold, and past figures do not predict what any particular property will sell for.
Ten years of context
How this report compares with the last decade
Year-end benchmark prices, annual sales and new listings from 2016 onward, charted from published Greater Vancouver REALTORS® releases.
View the 10-year historyPast monthly updates
What does this mean for your move?
Regional figures describe the average, not your street. Conditions differ by community, property type and price band. Ask Borna for the latest numbers for your specific situation, with the source for every figure.