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 July 26, 2026, Dunbar carries 89 active detached listings at a median price of $3,886,000, or $1,221 per square foot, with a median 62 days on market. The townhome market shows 23 active listings at a median of $2,298,000, or $1,298 per square foot, with a median 41 days on market. The condo market is the smallest of the three at 20 active listings, median $1,243,950, or $1,097 per square foot, with a median 62 days on market.

The detached median has held roughly steady against the $3,898,000 figure previously cited on this site for May 2026, while active inventory has moved up modestly. Townhome and condo figures have both shifted, 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 13 closed sales in June 2026 at a median sold price of $3,626,860, or $1,051 per square foot, with homes selling in a median of 21 days and an average discount of 5% from asking price. 7.7% of detached sales closed above asking in June. Months of inventory for detached homes sat at 6.6 in June, which is close to balanced market territory and notably tighter than what South Granville is currently showing.

Townhomes saw 2 closed sales in June 2026 at a median of $2,742,500, a median 28 days on market, and a 6% average discount from asking, with 11 months of inventory. Condos saw 3 closed sales in June 2026 at a median of $644,000, a median 43 days on market, and a 12.8% average discount from asking. 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 133 active listings cluster most heavily between $2 million and $4 million, which accounts for roughly half of all listings and reflects the bulk of the neighbourhood's detached housing stock at typical lot sizes. About a third of listings sit above $4 million, reflecting larger lots, character estate properties, and newer luxury construction. Under $2 million, which is largely the townhome and condo segment, accounts for under a fifth of active inventory.

City of Vancouver Benchmark Context: July 2026

City of Vancouver detached: 1,397 active listings, median $2,789,000, median $996 per square foot. June 2026 closed sales: 176 homes at a median $2,094,000, 4.2% average discount from asking, 15.3% selling over asking, 8.1 months of inventory.

City of Vancouver townhomes: 912 active listings, median $1,578,000, median $1,080 per square foot. June 2026 closed sales: 156 homes at a median $1,452,500, 2.9% average discount from asking, 15.4% selling over asking, 6 months of inventory.

City of Vancouver condos: 2,308 active listings, median $809,000, median $1,051 per square foot. June 2026 closed sales: 376 homes at a median $739,500, 3.4% average discount from asking, 7.4% selling over asking, 6.3 months of inventory.

Dunbar's detached median sits well above the city-wide figure, and its per square foot pricing runs meaningfully higher than city-wide levels as well, reflecting the neighbourhood's larger lots and consistent build quality rather than lot size alone. Dunbar's 6.6 months of detached inventory is close to the city-wide 8.1 months, which points to a market that is somewhat tighter than the city as a whole, unlike South Granville's current 12 months of detached inventory.

What These Trends Mean for Buyers

With 6.6 months of detached inventory and 7.7% of June sales closing above asking, Dunbar is trading closer to balanced conditions than several other westside neighbourhoods currently are. Buyers still have real selection, particularly in the $2 million to $4 million range where the bulk of inventory sits, but well-positioned properties with good lots and updated condition are moving with less negotiating room than the headline city-wide figures alone would suggest.

What These Trends Mean for Sellers

An average discount of 5% from asking on recent detached sales, combined with a median 21 days on market for June closings, points to a market that continues to reward realistic pricing without punishing sellers the way a softer market would. 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, is 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 July 26, 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 July 26, 2026, Dunbar's active detached listings carry a median price of $3,886,000 across 89 listings. Active townhomes have a median of $2,298,000 across 23 listings, and active condos have a median of $1,243,950 across 20 listings.

How does Dunbar pricing compare to the rest of Vancouver?

Dunbar's detached median of $3,886,000 sits well above the City of Vancouver detached median of $2,789,000, and its per square foot pricing, $1,221 in Dunbar versus $996 city-wide, is also meaningfully higher, 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 is trading closer to balanced conditions than several other westside neighbourhoods. Detached homes are carrying 6.6 months of inventory, close to the city-wide 8.1 months, and 7.7% of June 2026 sales closed above asking. This is a tighter market than South Granville, which is currently showing 12 months of detached inventory and no sales above asking in the same month.

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 is closer to balanced than many surrounding westside neighbourhoods. With 6.6 months of detached inventory, a median 21 days on market for June closings, and 7.7% of sales closing above asking, well-priced properties are moving without the extended timelines seen in softer markets. Buyers still have meaningful selection, particularly in the $2 million to $4 million range, but the negotiating room favours buyers less here than it currently does in neighbourhoods like South Granville.