Oakridge Real Estate Market Stats and Trends 2026

Oakridge is in the middle of one of the largest neighbourhood transformations underway anywhere in Vancouver right now, and its real estate data reflects that. Understanding this market means looking past a single snapshot and paying attention to how quickly the numbers are moving as new supply from the Oakridge Park redevelopment enters the picture.

Current Market Snapshot: 2026

As of September 8, 2026, Oakridge carries 23 active detached listings at a median price of $3,480,000, or $1,194 per square foot, with a median 87 days on market. The townhome market shows 19 active listings at a median of $1,799,900, or $1,273 per square foot, with a median 77 days on market. The condo market is the largest of the three segments at 37 active listings, median $1,238,000, or $1,286 per square foot, with a median 56 days on market.

These figures continue the shift already underway in July. Detached active listings have eased slightly from 26 to 23 while the median has continued softening, down from $4,250,000 in May 2026 to $3,739,000 in July and now $3,480,000 in September. Condo inventory has held steady at 37 active listings since July, with pricing essentially flat. Townhome inventory has moved the other direction again, rising from 16 active listings in July to 19 in September, with the median continuing to firm. This kind of shift across all three property types at once is consistent with a neighbourhood absorbing a large amount of new supply as Oakridge Park's residential towers continue reaching completion.

Recent Monthly Sales Trend

Oakridge VW records a modest number of monthly closed sales in each property type, meaningfully fewer than a larger MLS area like Dunbar or South Granville, so the figures below should be read as directional rather than precise, and a single closed sale can move a median or a months of inventory figure substantially.

Detached sales closed at 1 in April, 2 in May, 1 in June, and 1 in July 2026, with June's sale closing at $2,298,000, or $944 per square foot, in 5 days with no discount from asking. August 2026 recorded 1 closed sale at $2,900,000. Months of detached inventory has swung from 14 in April to 8.5 in May to 22 in June, and sits at 22 again in September, still firmly favouring buyers and unchanged in direction from last month.

Townhomes closed 1 sale in April, 3 in May, and 2 in June 2026, with June's sales closing at a median of $1,530,000, a median 31.5 days on market, and a 6.5% average discount from asking. August 2026 recorded 1 closed sale at $1,280,000, with no townhome sales at all in July. Sales volume this thin is not enough to call a clear direction, so this segment is best read as neutral this month rather than favouring either buyers or sellers.

Condos closed 2 sales in April, 2 in May, and 1 in June 2026. June's single sale closed at $1,598,000, well above April and May's closed prices in the $700,000 to $800,000 range, an outcome that reflects one higher end unit closing rather than a shift in the broader condo market. July 2026 recorded 3 closed sales at a median of $908,000, a more representative read than June's single sale, followed by no closed condo sales in August. Months of condo inventory remains in a similar range to last month, still favouring buyers.

Where Inventory Clusters by Price

Across all property types, Oakridge's 79 active listings cluster heavily under $2 million, which accounts for roughly 65% of all listings and reflects the volume of condo and townhome inventory currently on the market, much of it tied to Oakridge Park's new towers. Just under a quarter of listings, about 23%, sit between $2 million and $4 million, largely detached homes on standard lots. Above $4 million, covering larger detached properties and estate lots, accounts for about 13% of active inventory. This distribution is notably more condo and townhome weighted than Dunbar or South Granville, both of which cluster more heavily in the detached price ranges.

City of Vancouver Benchmark 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.

City of Vancouver townhomes overall: 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, a 2.5 percent average discount from asking, 12.1 percent selling over asking, 8.1 months of inventory.

City of Vancouver condos overall: 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, a 3.1 percent average discount from asking, 7.5 percent selling over asking, 6.9 months of inventory.

Oakridge's detached median sits about 25 percent above the city wide figure, and its per square foot pricing runs about 21 percent higher than the city wide level. Oakridge's condo median of $1,238,000 sits roughly 55 percent above the city wide condo median of $799,900, driven in large part by the newer, higher specification condo product entering the Oakridge VW area through Oakridge Park. Oakridge's townhome median of $1,799,900 runs about 15 percent above the city wide townhome median of $1,559,000. On months of inventory, Oakridge's detached and condo segments continue running well above the city wide averages of 9.4 and 6.9 months respectively, consistent with the buyer favouring conditions described above, though the thin monthly sales counts make this comparison less precise than the same comparison would be in a larger area.

What These Trends Mean for Buyers

Buyers looking at Oakridge detached and condo product continue to have considerable active choice, with months of inventory holding at 22 for detached and in a similarly loose range for condos, both unchanged in direction from last month. This is a market where the ongoing build out of Oakridge Park is adding real, current supply, not just a future promise, and buyers evaluating a purchase now are doing so against a backdrop that continues to shift month to month. Townhome buyers are working in a market that is genuinely harder to read this month: active listings have actually grown from 16 to 19 since July, and with only one closed sale in August and none in July, there isn't enough transaction evidence yet to call this segment tight or loose with confidence.

What These Trends Mean for Sellers

Sellers in Oakridge's detached and condo segments continue to compete against a larger, buyer favouring pool of active listings, which makes accurate, current pricing more important than it would be in a tighter market. Oakridge Park's continuing completions mean this is not a static picture, and a listing strategy built on data from even a month or two ago may not reflect current buyer expectations. Townhome sellers should not assume the tighter conditions suggested in earlier readings still hold: active listings have grown rather than shrunk since July, and with essentially no closed sales in July and only one in August, pricing here should be grounded in comparable evidence for the specific property rather than assumed momentum in either direction.

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 how few monthly transactions close in some of Oakridge's property types, and how much new supply is entering through Oakridge Park, month to month figures here are more volatile than in most other Vancouver neighbourhoods. For a current assessment of a particular home, a presale unit, or a buyer's price range, a conversation with Bruce Hiatt is the most reliable next step. For more on what Oakridge Park itself means for buyers considering the new towers specifically, see Oakridge Park Condos Vancouver.

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 Oakridge, Vancouver in 2026?

As of September 8, 2026, Oakridge's active detached listings carry a median price of $3,480,000 across 23 listings. Active townhomes have a median of $1,799,900 across 19 listings, and active condos have a median of $1,238,000 across 37 listings.

How does Oakridge pricing compare to the rest of Vancouver?

Oakridge's detached median of $3,480,000 sits about 25% above the City of Vancouver detached median of $2,780,000, and its per square foot pricing, $1,194 in Oakridge versus $988 city wide, runs about 21% higher. Oakridge's condo median of $1,238,000 sits roughly 55% above the city wide condo median of $799,900, reflecting the newer, higher specification condo product now entering the neighbourhood. Its townhome median of $1,799,900 runs about 15% above the city wide townhome median of $1,559,000.

Is Oakridge's market tighter or looser than the rest of Vancouver?

Oakridge's detached and condo segments continue running looser than city wide averages on months of inventory, both holding steady in a buyer favouring range since last month. Oakridge's townhome segment no longer reads as clearly tighter: active listings have grown from 16 to 19 since July, and with only one closed sale in August and none in July, there isn't enough recent transaction evidence to call this segment's direction with confidence.

How is Oakridge Park affecting the surrounding real estate market?

Oakridge Park's residential towers are adding meaningful new detached, and especially condo, supply into the Oakridge VW MLS area as they reach completion, which is a direct driver of the inventory growth and pricing shifts seen in this data since May 2026. This is an active, ongoing process rather than a one time change, and buyers and sellers should expect the numbers to keep moving as more towers complete through 2029.

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

Oakridge continues to favour buyers in its detached and condo segments, where months of inventory remain in a loose, buyer favouring range unchanged from last month. The townhome segment no longer points clearly toward sellers the way it appeared to in July: active listings have grown rather than shrunk, and sales volume has been too thin, one closing in August and none in July, to call a clear direction, so this segment currently reads as neutral. Given how quickly Oakridge Park's completions are changing the supply picture, this balance is worth checking again in the months ahead rather than treating any single reading as fixed.