Vancouver Luxury Attached Market: July 2026 Data

Vancouver's luxury attached market, covering high-rise condos, townhomes, and other attached properties, closed July with 1,134 active listings and 154 recorded sales. That produced a sales ratio of 14 percent, keeping the segment in Balanced Market territory for a second straight month.

This is now the fourth consecutive month of improvement. April posted a 7 percent sales ratio, May climbed to 10 percent, June reached 13 percent, and July reached 14 percent. The size of the monthly gain has narrowed considerably compared with the sharp moves of April through June, which is worth reading as a market settling into its new range rather than one still accelerating at the same pace.

JULY 2026 KEY METRICS

Active inventory: 1,134 listings, down slightly from June
Sales: 154, up 2 percent from June's 151
Sales ratio: 14 percent (Balanced Market)
Median sales price: $1,713,500, essentially flat from June's $1,710,000
Sale price per square foot: $1,130, up from $1,081 in June
Sale to list ratio: 97.35 percent
Days on market: 20, unchanged from June and from July 2025
Luxury benchmark price: $1,400,000

WHERE ACTIVITY CONCENTRATED

By the report's own ratio calculation, the most active price band in July was $9,000,000 and above, at a 20 percent sales ratio. That figure comes from a single sale against five listings, and a one-sale sample at that level should be read as a data point, not a trend. The more meaningful story sits lower in the market.

The deep, high-volume core of the market shifted slightly higher this month. The $1.6 million to $1.7 million band posted an 18.8 percent ratio, and $1.7 million to $1.9 million followed at 18.5 percent, both on far larger listing counts than the headline band above. The $1.9 million to $2.1 million range also stayed strong at 17.1 percent. Together, these three bands represent the real center of gravity in the attached market this month.

The pocket that stood out in June, $3.5 million to $4.1 million at 14 percent, cooled sharply in July to 5.3 percent, echoing a similar pullback in the single-family market's own $4.0 million to $4.5 million band this same month. The $2.1 million to $2.5 million range also eased, to 8.7 percent from a stronger June reading.

SALES RATIO BY SQUARE FOOTAGE

The 1,500 to 1,999 square foot range remained the clear volume leader in July, with 76 sales against 449 listings, a 17 percent ratio and by far the largest number of transactions of any size band. The 2,500 to 2,999 square foot range posted the highest ratio at 20 percent, though on a much smaller base of 46 listings. Units under 1,000 square feet recorded 4 sales in July after zero in June, a small but notable change following two quiet months for the smallest units.

FOUR-MONTH CONTEXT: THE CLIMB IS LEVELING OFF

Sales rose from 81 in April to 118 in May to 151 in June to 154 in July. The sales ratio moved in step, from 7 percent to 10 percent to 13 percent to 14 percent. The pattern is still directionally positive, but the pace has clearly slowed: the ratio gained 3 points in each of the April to May and May to June intervals, then only 1 point from June to July. Median price has stayed close to flat since June, $1,710,000 to $1,713,500, after a more volatile spring. Inventory bottomed near 860 listings in December 2025 and has held in a narrow band around 1,130 to 1,180 for the past several months, still below the 1,335 recorded a year earlier.

YEAR-OVER-YEAR COMPARISON: JULY 2025 TO JULY 2026

Set against July 2025, inventory is down 15 percent while sales are up 2 percent, a smaller but still positive gain. Median price eased 4 percent to $1.71 million, price per square foot eased 1 percent to $1,130, and the sale-to-list ratio softened slightly to 97.35 percent from 98.25 percent a year ago. Days on market held exactly flat at 20. Fewer listings than a year ago, a modest gain in transactions, and pricing that has held close to level.

WHAT THIS MEANS IN PRACTICE

If you are a buyer in the $1.6 million to $1.9 million range, recognize this is now the most contested part of the luxury attached market, not the $1.4 million to $1.6 million range that led earlier in the year. A Balanced Market classification means offers still work, but this specific band deserves the most disciplined approach.

If you are a buyer who noticed June's strength in the $3.5 million to $4.1 million range, July's pullback there is a reminder not to price an offer strategy around a single strong month. That tier softened again, and a slower, more research driven approach fits it better than the entry to mid tier does right now.

If you are a seller in the most active bands, four straight months of improving sales activity, even with July's smaller gain, supports pricing with confidence. The market is telling you buyers are present and transacting consistently at current levels.

If you are a seller above three and a half million outside of a specific pocket of demand, July's data argues for patience and precise pricing over assuming momentum from any one prior month will repeat.

Request the Full August (July 2026 Data) ILHM Report

The complete analysis and the ILHM Luxury Market Report for Metro Vancouver is available upon request at hiatt.com.

Bruce Hiatt is a Guild Elite Member of the Institute for Luxury Home Marketing, serving buyers and sellers across Metro Vancouver's luxury detached and attached segments.