Vancouver Luxury Single-Family Market: April 2026 Data

Vancouver's luxury single-family market closed April 2026 with 1,241 active listings and 69 sales, a sales ratio of six percent that keeps the segment in Buyer's Market territory. The median accepted price came in at $3.35 million, with days on market averaging 27. Compared to April 2025, inventory is down 17 percent and sales are down 19 percent, a market with more room for buyers than a year ago, though pricing has eased only modestly.

April 2026 Key Metrics

• Active inventory: 1,241 listings
• Sales: 69
• Sales ratio: 6 percent (Buyer's Market)
• Median sales price: $3.35 million
• Sale price per square foot: $943
• Sale to list ratio: 94.25 percent
• Days on market: 27
• Luxury benchmark price: $2.5 million

Inventory and Sales by Price Band

Inventory concentrates most heavily between $2.5 million and $3.5 million, where several price bands each carry more than 100 active listings. Sales activity clusters in roughly the same range but at a fraction of the volume. The $2.7 million to $4.5 million bands together accounted for most of April's 69 closings, while the three bands above $8 million combined for 144 active listings against a single sale. That split is the clearest signal in this month's data: the deeper end of the luxury market is sitting largely untouched, while transactions are concentrated closer to the $2.5 million entry point to the luxury tier.

Sales Ratio by Square Footage

Square footage tells a related story. Homes between 3,000 and 3,999 square feet recorded the strongest performance in April, 26 sales against 318 active listings, an eight percent ratio and the highest of any size band. Homes between 2,000 and 2,999 square feet and between 4,000 and 4,999 square feet followed closely behind. The largest homes, 6,000 square feet and up, posted a three percent ratio against 183 listings, and homes under 2,000 square feet remain the thinnest segment of the market at two percent, with only one sale against 64 listings.

Thirteen-Month Trend: Inventory, Sales, and Price

Looking back across the past thirteen months, inventory peaked near 1,574 listings in May 2025 and declined through the second half of the year, bottoming out near 985 listings in December before climbing back to April 2026's 1,241. Monthly sales have moved in a fairly narrow band throughout, generally between 50 and 120 closings, without a clear seasonal breakout. The median sales price has also held a relatively tight range across the period, moving between roughly $3.19 million and $3.49 million, which points to a market that is adjusting on volume and time on market more than on headline price.

Year-Over-Year Comparison: April 2025 to April 2026

Set against April 2025, the year-over-year picture is one of a market that has cooled on volume without cooling sharply on price. Inventory fell 17 percent and sales fell 19 percent, while the median price eased three percent and price per square foot eased seven percent. The sale to list ratio slipped one point, from 95.52 percent to 94.25 percent, and days on market held flat at 27. Sellers are still achieving prices close to asking when a home is priced correctly, but they are waiting the same amount of time to get there with fewer buyers competing for each listing.

What This Means for Buyers and Sellers

For buyers, April's data supports a patient, criteria-driven approach. With inventory well above sales at nearly every price band, there is little pressure to move on a property that does not meet the brief, and the widest selection sits above $2.5 million, where competition for any single listing is limited. For sellers, the data argues for pricing to current comparable sales rather than to 2021 or 2022 highs. Homes priced accurately are still selling close to list price in 27 days on average, while homes priced to an earlier market cycle are the ones adding to the inventory overhang reflected in these numbers.

If you're unrepresented and if you would like to talk through what this data means for a property you own or are considering, I am available for a direct conversation. There is no commitment involved, and the context is usually useful regardless of where you end up.