Dunbar Real Estate Market Stats and Trends 2026

Understanding the Dunbar real estate market requires looking beyond city-wide averages. The neighbourhood operates at a price point and with a buyer profile that differs meaningfully from the broader Vancouver market, and the data that shapes decisions here deserves close attention.

Current Market Snapshot: 2026

As of September 8, 2026, Dunbar carries 81 active detached listings at a median price of $3,999,000, or $1,213 per square foot, with a median 81 days on market. The townhome market shows 23 active listings at a median of $2,268,800, or $1,278 per square foot, with a median 48 days on market. The condo market is the smallest of the three at 18 active listings, median $1,199,900, or $1,083 per square foot, with a median 111 days on market.

The detached median has moved from $3,886,000 in July to $3,999,000 now, a modest increase, but the more significant shift this cycle is in inventory. Months of supply moved from 6.6 in June to 11 in July and 10.9 in August, a real move into buyer-favourable territory after several months closer to balanced conditions. Townhome and condo figures have both shifted as well, which is normal in a neighbourhood with a limited number of monthly transactions in those smaller categories and should be read as directional rather than a hard price level.

Recent Monthly Sales Trend

Dunbar's detached market saw 8 closed sales in August 2026 at a median sold price of $2,700,000, or $1,066 per square foot, with homes selling in a median of 52 days and an average discount of 6.9% from asking price. None of August's detached sales closed above asking. Months of inventory for detached homes sat at 10.9 in August, up sharply from 6.6 in June, and this cycle Dunbar is actually trading looser than South Granville, which currently sits at 8.6 months of detached inventory, a reversal from the tighter position Dunbar held earlier this summer.

Townhomes saw 2 closed sales in August 2026 at a median of $2,620,000, a median 14 days on market, and a modest 0.1% average discount from asking, with half of August's sales closing above asking, and 11.5 months of inventory. Condos saw 2 closed sales in August 2026 at a median of $1,164,950, a median 32.5 days on market, and a 1.3% average discount from asking, with 9.5 months of inventory. Given how few transactions close each month in Dunbar's smaller property types, a single sale can move these figures meaningfully, and they should be read alongside the active listing snapshot above rather than in isolation.

Where Inventory Clusters by Price

Across all property types, Dunbar's 127 active listings cluster most heavily between $2 million and $4 million, about 51 percent of listings, and reflect the bulk of the neighbourhood's detached housing stock at typical lot sizes. About 31 percent of listings sit above $4 million, reflecting larger lots, character estate properties, and newer luxury construction. Under $2 million, largely the townhome and condo segment, accounts for about 18 percent of active inventory.

City of Vancouver Benchmark Context: September 2026

City of Vancouver detached: 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, 4.9% average discount from asking, 9.3% selling over asking, 9.4 months of inventory.

City of Vancouver townhomes: 888 active listings, median $1,559,000, median $1,070 per square foot, median 51 days on market. August 2026 closed sales: 107 homes at a median $1,338,000, 2.5% average discount from asking, 12.1% selling over asking, 8.1 months of inventory.

City of Vancouver condos: 2,139 active listings, median $799,900, median $1,042 per square foot, median 56 days on market. August 2026 closed sales: 308 homes at a median $748,950, 3.1% average discount from asking, 7.5% selling over asking, 6.9 months of inventory.

Dunbar's detached median sits well above the city-wide figure, roughly 44 percent higher, and its per square foot pricing runs about 23 percent above city-wide levels as well, reflecting the neighbourhood's larger lots and consistent build quality rather than lot size alone. The inventory comparison has flipped this cycle, though: Dunbar's 10.9 months of detached inventory now sits slightly above the city-wide 9.4 months and above South Granville's 8.6 months, a reversal from earlier this year when Dunbar traded tighter than both. Dunbar has moved into buyer-favourable territory a bit faster than the broader market has this cycle.

What These Trends Mean for Buyers

With 10.9 months of detached inventory and none of August's sales closing above asking, Dunbar has moved into genuinely buyer-favourable territory, looser even than the city-wide detached market and South Granville's current pace. Buyers have real selection, particularly in the $2 million to $4 million range where the bulk of inventory sits, and more room to negotiate than headline city-wide figures alone would suggest. That said, well-positioned properties with good lots and updated condition are still moving faster than the average listing, so a strong property, well priced, can still generate competition even in this more open market.

What These Trends Mean for Sellers

An average discount of 6.9% from asking on August's detached sales, combined with a median 52 days on market for those closings, both up from June's 5% and 21 days, points to a market that has shifted meaningfully in buyers' favour since early summer. Sellers should price with that shift in mind rather than against the faster pace seen a few months ago. Given how much lot size and condition affect value in Dunbar, an accurate read of comparable sales on similar lot dimensions, rather than a neighbourhood-wide average, remains the more useful starting point for pricing a specific property correctly.

How to Use This Data

These figures reflect a snapshot of MLS data pulled September 8, 2026, and are intended to give you a working context for the neighbourhood, not a substitute for a property-specific analysis. Given the small number of monthly transactions in some categories, month to month figures can be volatile. For a current assessment of a particular home or a buyer's price range, a conversation with a local real estate expert such as Bruce Hiatt is the most reliable next step.

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

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or in part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.

Frequently Asked Questions

What is the median home price in Dunbar, Vancouver in 2026?

As of September 8, 2026, Dunbar's active detached listings carry a median price of $3,999,000 across 81 listings. Active townhomes have a median of $2,268,800 across 23 listings, and active condos have a median of $1,199,900 across 18 listings.

How does Dunbar pricing compare to the rest of Vancouver?

Dunbar's detached median of $3,999,000 sits about 44 percent above the City of Vancouver detached median of $2,780,000, and its per square foot pricing, $1,213 in Dunbar versus $988 city-wide, is also meaningfully higher, about 23 percent, reflecting consistent lot sizes and build quality across the neighbourhood rather than lot size alone.

Is Dunbar's market tighter or softer than the rest of Vancouver?

Dunbar has moved into buyer-favourable territory this cycle. Detached homes are carrying 10.9 months of inventory, slightly above the city-wide 9.4 months, and none of August 2026's sales closed above asking. This is now a looser market than South Granville, which currently sits at 8.6 months of detached inventory, a reversal from earlier this summer when Dunbar traded tighter than both benchmarks.

What affects price the most within Dunbar itself?

Lot size and position matter significantly in Dunbar. A 33-foot lot and a 50-foot lot on the same block represent meaningfully different land values, and elevated lots facing south or west that offer mountain view potential command a premium. Corner lots also carry a premium. Character homes from the 1920s through 1950s vary widely in condition, and a realistic renovation budget relative to asking price is an important part of evaluating any older property.

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

Dunbar has shifted toward buyers this cycle. With 10.9 months of detached inventory, a median 52 days on market for August closings, and none of August's sales closing above asking, conditions have loosened noticeably since early summer, when the market was closer to balanced. Buyers have meaningful selection, particularly in the $2 million to $4 million range, and more negotiating room than they had a few months ago, room that now compares to or exceeds what neighbourhoods like South Granville are currently offering.