Shaughnessy Real Estate Market Stats and Trends 2026

Shaughnessy's real estate market is dominated by detached homes, with only a small number of townhomes and condos in the neighbourhood. Because the detached segment trades in such low volume, a handful of sales can move the monthly figures considerably, so the most useful way to read this data is over several months at a time rather than month to month. The figures below reflect MLS data pulled as of September 8, 2026.

Current Market Snapshot: September 2026

Shaughnessy detached homes: 76 active listings, median price $5,639,000, $1,148 per square foot, median 83 days on market. August 2026 closed sales averaged a 16.2 percent discount from asking, with months of inventory at 12.8, a clear buyer favouring environment.

Shaughnessy townhomes: 15 active listings, median price $2,120,000, $1,285 per square foot, median 22 days on market. Shaughnessy condos: 6 active listings, median price $1,353,500, $1,218 per square foot, median 36.5 days on market. Both segments are genuinely small, and sales in either one are infrequent enough that monthly figures should be read with real caution.

Detached Home Pricing Tiers: Shaughnessy 2026

Shaughnessy's 92 active listings across all property types cluster into four fairly distinct price tiers. Below $2 million sit about 9 listings, mostly older or smaller homes along with the handful of condos and townhomes in the neighbourhood. Between $2 million and $4 million sit about 24 listings, a mix of character homes needing updating and moderately sized homes on standard lots. Between $4 million and $7 million sit about 37 listings, the single largest band at roughly 40 percent of all inventory, made up of well maintained character homes and quality contemporary construction on standard Shaughnessy lots. Above $7 million sit about 22 listings, roughly a quarter of the market, representing the neighbourhood's largest lots and most significant architecture, concentrated heavily in First Shaughnessy.

Over the past 12 months, detached sales ranged from a low of 1 in August 2025 to a high of 7 in June 2026, averaging about 4 sales a month. Sold prices over that period ranged from roughly $3.5 million to $7.2 million with no consistent upward or downward trend, which is typical of a market this thin, where the mix of what happened to sell in a given month matters more than any broader price movement. Months of inventory has been volatile for the same reason, swinging as high as the 40s in months with only one or two sales, but has sat well above the 6 months that typically marks a balanced market for most of the year, including 12.8 in August 2026. No month in the past 12 showed detached homes selling above asking on average, and August's discount from asking, 16.2 percent, was among the deepest of the year.

Condo and Townhome Market: Shaughnessy 2026

Shaughnessy's townhome and condo inventory is small enough that monthly sales figures carry limited statistical weight, several months in the past year recorded zero sales in one or both segments. Townhomes carry a current median of $2,120,000 at $1,285 per square foot across 15 active listings, with a median 22 days on market. Condos carry a current median of $1,353,500 at $1,218 per square foot across 6 active listings, with a median 36.5 days on market, and exist primarily in boutique low rise buildings.

Buyers interested in either segment should expect a limited pool of comparable sales to draw on, and should weight recent individual sales carefully rather than treating any single month's figures as a firm trend.

Broader Vancouver Market Context: September 2026

City of Vancouver detached homes overall: 1,315 active listings, median $2,780,000, median $988 per square foot, median 79 days on market. August 2026 closed sales: 140 homes at a median $2,242,500, a 4.9 percent average discount from asking, 9.3 percent selling over asking, 9.4 months of inventory.

Metro Vancouver detached homes overall: 7,783 active listings, median $1,899,000, median $692 per square foot, median 69 days on market. August 2026 closed sales: 761 homes at a median $1,560,000, a 5.2 percent average discount from asking, 5.4 percent selling over asking, 10.4 months of inventory.

Shaughnessy's detached median of $5,639,000 runs roughly 103 percent above the City of Vancouver detached median of $2,780,000, more than double, and roughly 197 percent above the Metro Vancouver detached median of $1,899,000, nearly triple. Per square foot pricing shows a smaller but still meaningful gap: $1,148 in Shaughnessy against $988 city wide, about 16 percent higher, and against $692 across Metro Vancouver, about 66 percent higher. That pattern, a much wider gap in total price than in per square foot cost, points to lot size and land value driving Shaughnessy's premium more than construction quality or finish level alone.

On pace, Shaughnessy detached is currently looser than both benchmarks. Its August months of inventory, 12.8, sits well above the City of Vancouver detached figure of 9.4 and the Metro Vancouver detached figure of 10.4. Its August discount from asking, 16.2 percent, was more than three times either benchmark's roughly 5 percent, and Shaughnessy detached homes did not sell above asking in August, compared with 9.3 percent city wide and 5.4 percent across Metro Vancouver. Taken together, Shaughnessy's detached market is currently trading with considerably more room for negotiation than either the City of Vancouver or the broader region.

What These Trends Mean for Buyers

Buyers looking at Shaughnessy detached homes are working in a market that currently favours them clearly. Months of inventory well above the 6 to 9 month range that typically signals balance, a meaningful average discount from asking, and no homes selling over list price in the past 12 months all point in the same direction. The caution worth carrying into this market is that Shaughnessy's low sales volume means the right property, correctly priced and well presented, can still move quickly and draw genuine interest, so buyer favouring conditions overall should not be read as an invitation to be slow on a property that fits. Buyers considering the townhome or condo segments should expect a genuinely limited pool of comparable sales and should lean on a careful, property specific read rather than the broader monthly figures.

What These Trends Mean for Sellers

The past year's data points to a market where pricing discipline matters more than list price ambition. No detached sale in the past 12 months closed above asking on average, and August's discount from asking, 16.2 percent, was among the year's deepest. Sellers preparing to list a Shaughnessy property, particularly at the estate end of the market where buyers are drawn from a genuinely global pool, benefit from pricing that reflects the property's actual position within these four tiers rather than aspirational comparables from a stronger year. For a detailed look at pricing strategy and presentation standards specific to this neighbourhood, see selling a home in Shaughnessy.

How to Use This Data

These figures reflect a snapshot of MLS data pulled September 8, 2026, and are meant to give you a working sense of the neighbourhood, not a substitute for a property specific analysis. Shaughnessy's low sales volume means a single comparable sale can carry more weight here than in a larger, faster moving market, so a conversation with Bruce Hiatt is the most reliable way to put these figures against a specific property. For a closer look at what to know before buying in this neighbourhood, see buying a home in Shaughnessy.

Contact Bruce Hiatt directly at 604-818-8185 or using this contact form link.

Frequently Asked Questions

What is the median house price in Shaughnessy, Vancouver in 2026?

As of September 8, 2026, Shaughnessy's detached homes carry a median price of $5,639,000 across 76 active listings, at $1,148 per square foot with a median 83 days on market.

Are home prices in Shaughnessy going up or down?

Sold prices over the past 12 months ranged from roughly $3.5 million to $7.2 million with no consistent upward or downward trend. Shaughnessy's detached sales volume is low enough, 1 to 7 sales a month, that month to month swings reflect which specific homes sold rather than a genuine shift in the market, so this data is best read over several months at a time.

How many homes typically sell in Shaughnessy each month?

Detached sales ranged from 1 to 7 per month over the past 12 months, averaging about 4 sales a month. Townhome and condo sales are considerably rarer, with several months recording no sales in either segment.

How does Shaughnessy's detached market compare to the broader Metro Vancouver market?

Shaughnessy's detached median of $5,639,000 runs roughly 197 percent above the Metro Vancouver detached median of $1,899,000, nearly triple. Per square foot, Shaughnessy's $1,148 runs about 66 percent above the Metro Vancouver figure of $692. Shaughnessy also carries more months of inventory, 12.8 versus 10.4 region wide, and a deeper discount from asking, 16.2 percent versus 5.2 percent.

Is 2026 a buyer's market or a seller's market in Shaughnessy?

Shaughnessy's detached segment currently favours buyers. August 2026 months of inventory sat at 12.8, well above the 6 to 9 month range that typically signals a balanced market, no detached home sold above asking on average in the past 12 months, and August's discount from asking, 16.2 percent, was among the deepest of the year.

How does Shaughnessy compare to the rest of the City of Vancouver?

Shaughnessy's detached median of $5,639,000 runs roughly 103 percent above the City of Vancouver detached median of $2,780,000, more than double, while per square foot pricing, $1,148 versus $988, runs about 16 percent higher, a considerably smaller gap. Shaughnessy is also currently looser than the city as a whole, 12.8 months of inventory versus 9.4, with a deeper discount from asking, 16.2 percent versus 4.9 percent.