Point Grey Real Estate Market Stats and Trends 2026
This page tracks the Point Grey real estate market by property type: how many homes are listed, what they are asking, how long they take to sell, and what recently closed. The figures are refreshed every two months from MLS data, and the snapshot below always carries the date it was pulled. For the neighbourhood itself, its streets, schools and character, see the Point Grey and West Point Grey real estate guide.
Point Grey Real Estate Market Snapshot
As of September 8, 2026, based on active MLS listings and closed sales in Point Grey.
| Property type | Active listings | Median asking price | Average days on market |
|---|---|---|---|
| Detached | 96 | $4,255,000 | 82 |
| Townhome and half duplex | 12 | $2,093,000 | 48 |
| Condo | 11 | $759,000 | 49 |
| All property types | 119 | $3,980,000 | 76 |
Across all property types, inventory represents about 11.2 months of supply. The median asking price works out to roughly $1,266 per square foot overall and $1,324 per square foot for detached homes. Nine of the twelve townhome category listings are half duplexes priced between roughly $1,800,000 and $2,400,000; the other three are traditional townhouses between $796,000 and $1,240,000.
Recent Sales, August 2026
Eight detached homes closed in August 2026 at a median sale price of $2,740,000, an average of 6.6 percent below list price, with none selling above asking.
12 Month Trend, Detached Homes
Over the past twelve months, detached inventory in Point Grey followed the usual seasonal pattern but finished higher. Listings fell to a low of 71 in January, climbed to 108 in June, and stood at 96 in August, about 13 percent above August 2025. Sales held in a narrow band of six to nine a month from February onward, so supply has grown faster than demand, which is what has given buyers more room to negotiate. The median sale price moved between about $2.4 million and $3.5 million with no clear direction. That is normal when only a handful of homes sell each month, so it is best read alongside asking prices and discounts rather than on its own.
| Month | Detached active listings | Detached sales | Median sale price |
|---|---|---|---|
| September 2025 | 87 | 7 | $2,800,000 |
| October 2025 | 88 | 7 | $3,308,890 |
| November 2025 | 80 | 4 | $3,274,350 |
| December 2025 | 74 | 2 | $2,425,000 |
| January 2026 | 71 | 4 | $2,890,000 |
| February 2026 | 73 | 9 | $2,825,000 |
| March 2026 | 81 | 6 | $3,224,000 |
| April 2026 | 86 | 6 | $3,027,500 |
| May 2026 | 100 | 7 | $2,761,900 |
| June 2026 | 108 | 9 | $3,500,000 |
| July 2026 | 106 | 6 | $2,899,000 |
| August 2026 | 96 | 8 | $2,740,000 |
What the Current Figures Mean
Point Grey is currently a buyer's market. Inventory is high relative to sales, detached homes are averaging close to three months on market, and August's closed detached sales settled an average of 6.6 percent below asking, with none above list price.
For buyers. Buyers have genuine negotiating room at the moment, particularly on detached homes listed longer than the 82 day neighbourhood average. In the townhome category, confirm whether a listing is a half duplex or a traditional townhouse before setting price expectations, since the current mix is weighted heavily toward half duplexes.
For sellers. Sellers are best served by realistic, well researched pricing from the first day on market. With no detached sales above list price in August and an average discount of 6.6 percent, listings priced to test the top of the market tend to sit, while those priced in line with recent closed sales draw genuine offers. Condos are moving faster than detached homes, at an average of 49 days.
Current Market Questions
What is the median house price in Point Grey, Vancouver right now?
As of September 8, 2026, the median asking price for a detached home in Point Grey is $4,255,000, based on 96 active listings. Detached homes that closed in August 2026 sold at a median of $2,740,000.
Is Point Grey a buyer's market or a seller's market?
As of September 8, 2026, Point Grey favours buyers. Inventory represents about 11.2 months of supply, and detached homes that closed in August 2026 sold an average of 6.6 percent below list price.
How many homes sell in Point Grey each month?
In August 2026, eight detached homes closed in Point Grey. Condo and townhome sales are fewer and vary more from month to month because far fewer of those properties are listed.
How Point Grey's Market Is Structured
Detached homes make up the large majority of what is listed in Point Grey at any time, so the neighbourhood's overall median and pace of sales are driven mainly by houses. Within the detached market there are three broad tiers: character homes on standard lots at the entry level, a core of well maintained character homes and newer construction on the interior streets, and waterfront estates on Point Grey Road and the streets closest to the water that reach well into eight figures.
Price per square foot varies widely within each tier. Lot position, proximity to the water, views and school catchment can separate two similar sized homes by a wide margin, which is why the snapshot's medians are a starting point rather than a valuation.
Townhomes and Half Duplexes
MLS statistics group townhomes and half duplexes into one category, but in Point Grey they are very different properties. Half duplexes are usually newer, larger and priced close to the detached market. Traditional strata townhouses are fewer and sit at a much lower price point. Because only a handful of either is listed at once, the category's median can jump or fall sharply when the mix of listings changes, even when values have not moved. Buyers looking specifically for a traditional townhouse should expect a narrower search than the category figures suggest.
How Point Grey Compares to the Rest of Vancouver
Point Grey's detached pricing sits toward the higher end of the City of Vancouver's west side neighbourhoods, reflecting its waterfront position, larger average lots and proximity to the University of British Columbia. Its condo and entry level townhome pricing is more accessible by comparison. Buyers weighing it against a more urban neighbourhood can compare the two directly in Kitsilano vs Point Grey.
How to Read These Figures
Months of supply estimates how long current listings would take to sell at the recent pace of sales. The higher the number, the more choice buyers have. Greater Vancouver REALTORS® describes a sales to active listings ratio below 12 percent, sustained over several months, as putting downward pressure on prices, and a ratio above 20 percent as putting upward pressure on them; in a neighbourhood like Point Grey, roughly 8 or more months of supply corresponds to that buyer's range.
Asking prices and sale prices are different measures. The snapshot's medians describe what active listings are asking, while recent sales show what buyers actually paid. When the two diverge, the closed sales are the better guide to value.
Small samples move quickly. A neighbourhood with a dozen condo or townhome listings can see its median shift sharply in a single update. Reading two or three snapshots together gives a truer picture than any one reading.
How to Use This Data
Median prices and months of supply describe the neighbourhood as a whole, not any single property. A specific home's value depends on its lot, its condition, its proximity to the water and to the Queen Mary and Lord Byng school catchments, and how it compares to what has actually closed nearby, not just what is currently listed.
If you are weighing whether now is the right time to buy or sell in Point Grey, or want a read on what a specific property is likely worth in the current market, Bruce Hiatt would welcome a conversation. You can reach Bruce using the contact information below.
Frequently Asked Questions
How does Point Grey compare to the rest of Vancouver?
Point Grey's detached homes sit toward the top of the City of Vancouver's west side, reflecting the waterfront along Spanish Banks and Locarno, larger average lots and proximity to the University of British Columbia. Its condos are a much smaller segment and are priced more in line with other west side neighbourhoods.
What is the difference between a townhome and a half duplex in Point Grey?
A half duplex is one side of a two unit building, often on its own strata lot with a private yard, and in Point Grey it is usually priced much closer to a detached home. A traditional townhouse is part of a larger strata complex and typically sells at a meaningfully lower price. Both are grouped together in MLS statistics, so it is worth confirming which one a listing is before comparing prices.
How often are these Point Grey market figures updated?
The figures on this page are refreshed every two months. Each update replaces the snapshot in full and carries the date the data was pulled, so you can always see how current the numbers are.
What affects the value of a specific home in Point Grey?
Location within the neighbourhood matters as much as size. Proximity to the water and to Point Grey Road, the Queen Mary and Lord Byng school catchments, lot size, orientation and views, and the condition of older character homes all shape value. Neighbourhood medians describe the market as a whole, not any single property.
Questions about the Point Grey market? Call 604-818-8185 or reach out using this contact form.