Stilhavn All Areas

MARCH 2025

THE STILHAVN REPORT

A BRIEF UPDATE ON THE LATEST SALES, LISTINGS, AND MEDIAN SALE PRICE ACTIVITY

VANCOUVER | NORTH SHORE | SQUAMISH | WHISTLER | OKANAGAN

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TABLE OF CONTENTS

2

23

59

INTRO

TSAWWASSEN

WEST VANCOUVER

3

29

65

THE MARKET

VANCOUVER - WEST

SUNSHINE COAST

4

35

71

HIGHLIGHTS

VANCOUVER - EAST

SQUAMISH

5

41

77

METRO VANCOUVER

BURNABY NORTH

WHISTLER

11

47

84

RICHMOND

BURNABY SOUTH

CONTACT US

17

53

LADNER

NORTH VANCOUVER

INTRO

Unlike most brokerages, Stilhavn’s agents are selected based on a strict performance and ethics criterion. We’re not striving to be the biggest, just the best.

We continue our relentless pursuit of excellence because it’s our intrinsic belief that our clients deserve better than the status quo. When you become a client with Stilhavn you become a client for life, and it’s our privilege to serve not only our local Lower Mainland markets, but further corners within the beautiful Okanagan.

We keep our finger on the pulse, we collaborate extensively across our teams and we are committed to providing an elevated experience when it comes to your next buying or selling journey.

Together, we’re here to help you #FindYourHavn.

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THE MARKET

March in Greater Vancouver arrived with all the signs of spring—cherry blossoms in full bloom, lively outdoor markets lining neighbourhood streets, and a fresh sense of energy as Vancouverites and BC residents welcomed the longer days. From the Vancouver Cherry Blossom Festival to the return of patio season, the city came alive with colour and connection. Amid this seasonal momentum, the real estate market told a more tempered story. Home sales registered on the MLS® in the Metro Vancouver1 for the month of March were the lowest going back to 2019 for the same month, while active listings continue to their upward trend. “If we can set aside the political and economic uncertainty tied to the new U.S. administration for a moment, buyers in Metro Vancouver haven’t seen market conditions this favourable in years. Prices have eased from recent highs, mortgage rates are among the lowest we’ve seen in years, and there are more active listings on the MLS® than we’ve seen in almost a decade. Sellers appear ready to engage — but so far, buyers have not shown up in the numbers we typically see at this time of year.” – Andrew Lis, REBGV director of economics and data analytics.

All market stats throughout this report are courtesy of Greater Vancouver REALTORS®. 1 Areas covered by Greater Vancouver REALTORS® include: Bowen Island, Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.

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MARCH MARKET HIGHLIGHTS

RESIDENTIAL SALES Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 2,091 in March 2025, a 13.4 per cent decrease from the 2,415 sales recorded in March 2024. This was 36.8 per cent below the 10-year seasonal average (3,308). INVENTORY + HOME PRICE DATA ANALYSIS There were 6,455 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in March 2025. This represents a 29 per cent increase compared to the 5,002 properties listed in March 2024. This was 15.8 per cent above the 10-year seasonal average (5,572).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 14,546, a 37.9 per cent increase compared to March 2024 (10,552). This is 44.9 per cent above the 10-year seasonal average (10,038).

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

METRO VANCOUVER HOME SALES BY PROPERTY TYPE Across all detached, attached and apartment property types, the sales-to-active listings ratio for March 2025 is 14.9 per cent. By property type, the ratio is 10.3 per cent for detached homes, 21.5 per cent for attached, and 16.2 per cent for apartments. Detached Homes Sales of detached homes in March 2025 reached 527, a 24.1 per cent decrease from the 694 detached sales recorded in March 2024. The benchmark price for a detached home is $2,034,400. This represents a 0.8 per cent increase from March 2024 and a 0.4 per cent increase compared to February 2025. Apartment Homes Sales of apartment homes reached 1,084 in March 2025, a 10.2 per cent decrease compared to the 1,207 sales in March 2024. The benchmark price of an apartment home is $767,300. This represents a 0.9 per cent decrease from March 2024 and a 1 per cent increase compared to February 2025. Attached Homes Attached home sales in March 2025 totalled 472, a 4.6 per cent decrease compared to the 495 sales in March 2024. The benchmark price of a townhouse is $1,113,100. This represents a 0.8 per cent decrease from March 2024 and a 0.2 per cent increase compared to February 2025.

1 Areas covered by Greater Vancouver REALTORS® include: Bowen Island, Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler. 2 On February 12, 2024, The Real Estate Board of Greater Vancouver changed its organizational name to the Greater Vancouver REALTORS®. 3 The national MLS® Home Price Index (MLS® HPI) operations group underwent an annual review of the model in May in-line with statistical best practices. The attributes and neighbourhoods within the model were updated based on sales data to more accurately reflect current market conditions. To ensure the MLS® HPI coverage is consistent and comparable, historical aggregate and composite data has been recalculated.

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METRO VANCOUVER

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REALTOR® Report A Research Tool Provided by the Real Estate Board of Greater Vancouver Metro Vancouver

METRO VANCOUVER

March 2025

Detached Properties

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

5,256

4,802

4,066

+ 29.3%

3,842

+ 25.0%

Sales

528

478

694

- 23.9%

561

- 14.8%

Days on Market Average

35

45

35

0.0%

47

- 4.3%

MLS® HPI Benchmark Price

$2,034,400

$2,026,500

$2,018,000

+ 0.8%

$1,970,700

+ 2.8%

Condos

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

6,580

5,890

4,782

+ 37.6%

4,315

+ 36.5%

Sales

1,087

974

1,207

- 9.9%

1,093

- 10.9%

Days on Market Average

28

37

26

+ 7.7%

34

+ 8.8%

MLS® HPI Benchmark Price

$767,300

$759,600

$774,500

- 0.9%

$768,800

- 1.2%

Townhomes

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

1,631

1,474

1,176

+ 38.7%

1,085

+ 35.9%

Sales

370

291

398

- 7.0%

316

- 7.9%

Days on Market Average

27

33

20

+ 35.0%

32

+ 3.1%

MLS® HPI Benchmark Price

$1,113,100

$1,111,100

$1,122,000

- 0.8%

$1,100,600

+ 1.0%

Sales-to-Active Ratio

Townhome

Condo [16.5%]

Detached

[22.7%]

[10.0%]

60%

50%

Seller's Market

40%

30%

20%

Balanced Market

10%

Buyer's Market

0%

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

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METRO VANCOUVER

REALTOR® Report

A Research Tool Provided by the Real Estate Board of Greater Vancouver Metro Vancouver

Detached Properties Report – March 2025

Active Listings

Avg Days on Market

Active Listings

Benchmark Price $1,386,300 $1,994,800 $2,163,600 $2,238,900 $1,814,200 $1,422,000 $1,287,800 $1,608,400 $2,244,200 $1,324,600 $1,418,500 $2,111,300 $2,171,100 $1,649,400 $1,649,800 $1,854,600 $3,451,900 $3,275,300 $2,549,100 $2,034,400 $873,600

One-Year Change

Price Range

Sales

Neighbourhood

Sales

$99,999 and Below $100,000 to $199,999 $200,000 to $399,999 $400,000 to $899,999 $900,000 to $1,499,999 $1,500,000 to $1,999,999 $2,000,000 to $2,999,999 $3,000,000 and $3,999,999 $4,000,000 to $4,999,999

0 2 4

1 8

0

Bowen Island Burnaby East Burnaby North Burnaby South

3 6

44 40

+ 2.5% + 2.2% + 3.6% + 0.9% - 0.7% + 0.5% + 0.1% + 0.7% + 0.7% - 1.1% + 0.8% + 0.3% - 2.1% + 8.7% - 0.6% - 2.1% - 0.0% + 0.1% + 0.4% + 6.4% + 0.8%

17 11

21

12 16 49 14 50 60 11 19 13 47 13 31 19 69 52 28 6

169 161 450 535 117 276 87

18

168 638

104

118 151 155

31 30 31 22 75 61 35

Coquitlam

1,149 1,494

Ladner

Maple Ridge

47 20 13

810 398 569

New Westminster North Vancouver Pitt Meadows Port Coquitlam

$5,000,000 and Above

56

TOTAL

528

5,256

153

Port Moody Richmond Squamish

98

546

76

Sunshine Coast

368 138 607 668 461

Tsawwassen

Vancouver East Vancouver West West Vancouver

Whistler TOTAL*

4

93

528

5,256

* This represents the total of the Metro Vancouver area, not the sum of the areas above. Detached Homes - Metro Vancouver

Sales

Active Listings

MLS® HPI Benchmark Price

$2,062,600 $2,061,000

$2,049,000 $2,048,400

$2,035,400

$2,034,400

$2,026,500

$2,022,200

$2,010,100

$2,002,900 $1,997,400 $1,997,000

6,047

5,831

5,744

5,435

5,256

4,802

4,504

4,141

5,566

5,786

5,299

4,875

#VALUE! #VALUE! 812

692

628

844

528

724

692

517

478

512

494

382

04-2024

05-2024

06-2024

07-2024

08-2024

09-2024

10-2024

11-2024

12-2024

01-2025

02-2025

03-2025

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

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METRO VANCOUVER

REALTOR® Report

A Research Tool Provided by the Real Estate Board of Greater Vancouver Metro Vancouver

Condo Report – March 2025

Active Listings

Avg Days on Market

Active Listings

Benchmark Price

One-Year Change

Price Range

Sales

Neighbourhood

Sales

$99,999 and Below $100,000 to $199,999 $200,000 to $399,999 $400,000 to $899,999 $900,000 to $1,499,999 $1,500,000 to $1,999,999 $2,000,000 to $2,999,999 $3,000,000 and $3,999,999 $4,000,000 to $4,999,999

1 0

16

4 0

Bowen Island Burnaby East Burnaby North Burnaby South

0

0

$0

--

4

14 77 54

87

$784,200 $757,200 $837,500 $734,400 $693,200 $519,200 $652,300 $817,700 $593,100 $641,800 $738,200 $745,400 $604,700 $493,800 $676,800 $702,800 $849,400 $1,266,800 $651,100 $767,300

- 2.7% - 1.8% - 0.9% - 2.7% + 2.0% - 3.1% - 1.2% - 0.5% - 2.7% + 0.1% + 0.1% - 1.9% - 5.4% - 9.5% - 0.3% - 1.3% + 0.9% - 5.9% - 10.5% - 0.9%

23

93

22 27 31 36 55 25 31 27 28

621 412 517 146 336 401 18

826 184

4,140 1,627

Coquitlam

114

35 10

357 201

Ladner

8

Maple Ridge

23 86 77

4 2 2

70 23 49

New Westminster North Vancouver Pitt Meadows Port Coquitlam

$5,000,000 and Above

4

28 97

TOTAL

1,087

6,580

28 28

Port Moody Richmond Squamish

116 856

122

12

78 48 81

Sunshine Coast

2

Tsawwassen

13

Vancouver East Vancouver West West Vancouver

105 292

550

1,952

9

106 124

Whistler TOTAL*

16

1,087

6,580

* This represents the total of the Metro Vancouver area, not the sum of the areas above. Condos - Metro Vancouver

Sales

Active Listings

MLS® HPI Benchmark Price

$778,300

$776,200

$773,400

$768,200

$768,200

$767,300

$762,000

$759,600

$757,200

$752,800

$749,900

$748,100

6,778

6,662

6,534

6,580

6,280

6,264

5,890

5,356

4,744

6,367

6,162

5,568

1,094

#VALUE! #VALUE! 1,419 04-2024

1,396

1,336

1,245

1,193

1,011

1,087

849

974

940

892

05-2024

06-2024

07-2024

08-2024

09-2024

10-2024

11-2024

12-2024

01-2025

02-2025

03-2025

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

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REALTOR® Report

A Research Tool Provided by the Real Estate Board of Greater Vancouver Metro Vancouver

Townhomes Report – March 2025

Active Listings

Days on Market

Active Listings

Benchmark Price

One-Year Change

Price Range

Sales

Neighbourhood

Sales

$99,999 and Below $100,000 to $199,999 $200,000 to $399,999 $400,000 to $899,999 $900,000 to $1,499,999 $1,500,000 to $1,999,999 $2,000,000 to $2,999,999 $3,000,000 and $3,999,999 $4,000,000 to $4,999,999

0 0 0

7 3 6

0 0 0

Bowen Island Burnaby East Burnaby North Burnaby South

0 6

0

$0

--

27 51 46

$906,500 $904,800 $1,052,000 $1,083,400 $1,022,500 $793,500 $923,100 $1,313,200 $853,500 $950,700 $1,034,600 $1,124,100 $1,049,900 $766,700 $971,700 $1,159,400 $1,478,800

- 1.2% - 1.6% - 3.3% + 1.5% + 0.5% + 1.2% - 3.1% - 3.0% + 0.7% - 0.0% + 0.7% - 2.4% + 0.5% + 0.6% - 4.4% + 2.0% + 0.5%

16 18 63 33 10 29 12 14 10 49 13 8

97

339 868 277 100

30 26 26 31

231

Coquitlam

163

33

Ladner

39

8 1 0 0

Maple Ridge

103

17

4 0 0

New Westminster North Vancouver Pitt Meadows Port Coquitlam

44

9 5

121

$5,000,000 and Above

22 53 41 34 29 42

TOTAL

370

1,631

27

Port Moody Richmond Squamish

286

Sunshine Coast

3 4

Tsawwassen

Vancouver East Vancouver West West Vancouver

28 38

113 295

1

30 88

$0

--

Whistler TOTAL*

10

$1,674,500 $1,113,100

- 2.2% - 0.8%

370

1,631

* This represents the total of the Metro Vancouver area, not the sum of the areas above. Townhomes - Metro Vancouver

Sales

Active Listings

MLS® HPI Benchmark Price

$1,145,500

$1,138,100

$1,135,300

$1,124,700

$1,119,300

$1,117,600

$1,114,600

$1,113,100

$1,111,100

$1,108,800

$1,105,600

$1,099,200

1,761

1,767

1,736

1,706

1,679

1,600

1,597

1,631

1,474

1,318

1,179

1,425

363

455

435

370

356

364

314

281

397

291

285

#VALUE! #VALUE! 04-2024

247

05-2024

06-2024

07-2024

08-2024

09-2024

10-2024

11-2024

12-2024

01-2025

02-2025

03-2025

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

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METRO VANCOUVER

Metro Vancouver REALTOR® Report A Research Tool Provided by the Real Estate Board of Greater Vancouver March 2025

MLS® HPI Benchmark Price

Detached

Condos

Townhomes

$2,500,000

$2,090,200

$2,018,00$02,034,400

$2,000,000

$1,865,200

$1,757,400

$1,653,30$01,655,80$01,660,400

$1,486,500

$1,450,500

$1,500,000

$1,225,100

$1,147,100

$1,122,00$01,113,100

$1,103,000

$1,099,100

$1,066,000

$1,032,000

$983,600

$897,900

$1,000,000

$877,900

$834,000

$813,900

$773,200$801,700

$716,500

$712,500

$704,800

$774,500$767,300

$768,500

$628,500

$734,500

$611,500

$663,900

$661,100

$503,700

$614,500$628,300

$447,400$460,100$474,400$463,600$472,500

$544,600

$425,800

$500,000

$383,800

$380,900

$456,200

$336,800

$386,200

$350,600$360,300$364,900$358,400$368,400

$343,100

$304,100

$296,700

$267,800

$0

01-200601-200701-200801-200901-201001-201101-201201-201301-201401-201501-201601-201701-201801-201901-202001-202101-202201-202301-202401-2025

Note: $0 means that there is no sales activity, not $0 as an MLS® HPI Benchmark Price.

Average Price Per Square Foot

Detached

Condos

Townhomes

$1,000

$966

$964

$957

$952

$936

$931

$930

$900

$918

$918

$915

$904

$882

$830

$827

$814

$804 $796

$799

$808

$779 $796

$796

$795

$792 $788

$789

$808

$809

$800

$776

$769

$768

$767

$754 $750

$750

$735

$700

$600

04-2022 07-2022 10-2022 01-2023 04-2023 07-2023 10-2023 01-2024 04-2024 07-2024 10-2024 01-2025

Note: $0 means that there is no sales activity, not $0 as an Average Price Per Square Foot.

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

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RICHMOND

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REALTOR® Report A Research Tool Provided by the Real Estate Board of Greater Vancouver

RICHMOND

Richmond

March 2025

Detached Properties

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

546

510

455

+ 20.0%

437

+ 16.7%

Sales

47

40

77

- 39.0%

69

- 42.0%

Days on Market Average

38

27

43

- 11.6%

56

- 51.8%

MLS® HPI Benchmark Price

$2,171,100

$2,168,600

$2,217,900

- 2.1%

$2,177,000

- 0.4%

Condos

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

856

745

558

+ 53.4%

504

+ 47.8%

Sales

122

98

142

- 14.1%

107

- 8.4%

Days on Market Average

28

42

31

- 9.7%

36

+ 16.7%

MLS® HPI Benchmark Price

$745,400

$731,700

$759,600

- 1.9%

$750,400

- 2.5%

Townhomes

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

286

273

162

+ 76.5%

150

+ 82.0%

Sales

49

39

57

- 14.0%

55

- 29.1%

Days on Market Average

28

39

30

- 6.7%

45

- 13.3%

MLS® HPI Benchmark Price

$1,124,100

$1,108,400

$1,151,200

- 2.4%

$1,138,300

- 2.6%

Sales-to-Active Ratio

Townhome

Condo [14.3%]

Detached

[17.1%]

[8.6%]

60%

50%

Seller's Market

40%

30%

20%

Balanced Market

10%

Buyer's Market

0%

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

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RICHMOND

REALTOR® Report Richmond

A Research Tool Provided by the Real Estate Board of Greater Vancouver

Detached Properties Report – March 2025

Active Listings

Avg Days on Market

Active Listings

Benchmark Price $2,168,400 $1,969,100

One-Year Change

Price Range

Sales

Neighbourhood

Sales

$99,999 and Below $100,000 to $199,999 $200,000 to $399,999 $400,000 to $899,999 $900,000 to $1,499,999 $1,500,000 to $1,999,999 $2,000,000 to $2,999,999 $3,000,000 and $3,999,999 $4,000,000 to $4,999,999

0 0 0 1 4

0 0 0 2

0 0 0

Boyd Park

2 2 0 0 0 2 1 2 0 2 2 2 1 0 0 3 4 3 3 1 4 1 0 3 1 0 2 3 3

16

- 4.7% + 9.5%

Bridgeport RI

8 6 3

Brighouse

$0 $0

-- --

52 45 34 40 41

Brighouse South Broadmoor East Cambie East Richmond

14

43 13 13 23 10 41 19 11 21 15 16 34 39 23 9

$2,654,300 $2,056,300 $2,213,700 $1,934,300 $2,543,400 $1,382,200 $1,695,600 $2,301,000 $2,469,400 $2,845,900 $1,768,900 $2,247,200 $2,455,600 $2,369,300 $2,025,900 $2,642,600 $2,324,000 $1,784,100 $1,988,800 $1,905,300 $2,445,000 $2,079,000 $2,073,000 $1,992,400 $2,171,100 $0

- 2.8% + 9.0% - 9.9% - 0.5% - 0.1% - 5.7% - 6.5% - 4.2% - 8.1% + 9.5% - 5.9% + 0.4% + 0.8% - 1.7% - 2.2% - 3.8% - 2.7% - 5.0% - 6.1% - 4.3% + 1.2% + 9.6% - 6.5% - 0.8% - 2.1% --

21 18

131 228 108

3 0 0

Garden City

32 31

0 0

Gilmore Granville

$5,000,000 and Above

TOTAL

47

546

38

Hamilton RI Ironwood Lackner McLennan

McLennan North

McNair

Quilchena RI Riverdale RI

Saunders Sea Island

4

Seafair

34

South Arm

9

Steveston North Steveston South Steveston Village

31

9

11 13 29 10 33

Terra Nova

West Cambie

Westwind

Woodwards

TOTAL*

47

546

* This represents the total of the Richmond area, not the sum of the areas above. Detached Homes - Richmond

Sales

Active Listings

MLS® HPI Benchmark Price

$2,220,000

$2,218,600

$2,206,800

$2,197,800 $2,194,100

$2,178,300

$2,168,800

$2,168,600 $2,171,100

$2,140,900

$2,135,700

$2,118,700

609

590

587

557

546

510

470

432

563

535

515

544

#VALUE! #VALUE! 86

95

65

61

77

74

47

49

40

45

50

55

04-2024

05-2024

06-2024

07-2024

08-2024

09-2024

10-2024

11-2024

12-2024

01-2025

02-2025

03-2025

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

14

STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

RICHMOND

REALTOR® Report Richmond

A Research Tool Provided by the Real Estate Board of Greater Vancouver

Condo Report – March 2025

Active Listings

Avg Days on Market

Active Listings

Benchmark Price

One-Year Change

Price Range

Sales

Neighbourhood

Sales

$99,999 and Below $100,000 to $199,999 $200,000 to $399,999 $400,000 to $899,999 $900,000 to $1,499,999 $1,500,000 to $1,999,999 $2,000,000 to $2,999,999 $3,000,000 and $3,999,999 $4,000,000 to $4,999,999

0 0 9

0 0

0 0

Boyd Park

5 1

8

$607,000 $708,500 $788,500 $661,500 $502,000 $517,800 $815,000

+ 3.3% - 0.5% - 2.6% - 1.5% - 1.3% + 1.1% - 0.6%

Bridgeport RI

12

21

16 27 43

Brighouse

47 24

430

96 15

592 208

Brighouse South Broadmoor East Cambie East Richmond

66

2 1 0 0 0 2 1 1 0 0 4 0 0 1 0 0 0 1 0 5 0 0

2 1 2 1 0 8

2 0 0 0 0

17

28

8 6 2 2

0 0 0 0

Garden City

$0 $0

-- --

Gilmore Granville

$5,000,000 and Above

$264,100 $842,600 $636,700

+ 0.3% - 1.1% - 1.4%

TOTAL

122

856

28

Hamilton RI Ironwood Lackner McLennan

10 15

0 0

$0 $0

-- --

McLennan North

46

$761,500

- 4.2%

McNair

0 3

$0 $0

-- --

Quilchena RI Riverdale RI

10

$683,200

+ 4.0%

Saunders Sea Island

0 0 0 9 3

$0 $0

-- --

Seafair

$629,600 $293,600 $579,400 $781,900

+ 2.6% - 2.5% + 4.8% + 1.8%

South Arm

Steveston North Steveston South Steveston Village

23

1 2

$0 $0

-- --

Terra Nova

West Cambie

27

203

$812,200

- 1.6%

Westwind

0 0

0 1

$0 $0

-- --

Woodwards

TOTAL*

122

856

$745,400

- 1.9%

* This represents the total of the Richmond area, not the sum of the areas above. Condos - Richmond

Sales

Active Listings

MLS® HPI Benchmark Price

$764,900

$761,100

$747,000

$745,400

$744,400

$737,600

$735,800

$732,900

$732,200

$731,700

$731,600

$724,400

856

825

807

802

767

745

748

658

612

696

685

625

181

119

151

139

138

104

130

122

121

105

#VALUE! #VALUE! 04-2024

101

98

05-2024

06-2024

07-2024

08-2024

09-2024

10-2024

11-2024

12-2024

01-2025

02-2025

03-2025

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

15

STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

RICHMOND

REALTOR® Report Richmond

A Research Tool Provided by the Real Estate Board of Greater Vancouver

Townhomes Report – March 2025

Active Listings

Days on Market

Active Listings

Benchmark Price

One-Year Change

Price Range

Sales

Neighbourhood

Sales

$99,999 and Below $100,000 to $199,999 $200,000 to $399,999 $400,000 to $899,999 $900,000 to $1,499,999 $1,500,000 to $1,999,999 $2,000,000 to $2,999,999 $3,000,000 and $3,999,999 $4,000,000 to $4,999,999

0 0 0 9 3 0 0 0 0

0 0 0

0 0 0

Boyd Park

1 1 4 7 4 3 0 1 0 0 5 0 0 0 1 0 1 0 0 0 0 1 3 0 2 2 0 2

2

$783,400

- 4.4% - 0.9% + 0.9% + 2.5% - 4.1% - 4.9%

Bridgeport RI

16 28 36

$1,089,300 $1,073,600 $1,094,800 $1,119,100

Brighouse

33

17 30 48

Brighouse South Broadmoor East Cambie East Richmond

37

212

7

41

14

$857,000

0 0 0 0

0 0 0 0

0

$0

--

Garden City

10

$1,138,400

- 5.8%

Gilmore Granville

0 5

$0

--

$5,000,000 and Above

$1,109,500

+ 0.9% - 2.8% - 4.5% - 5.1% - 1.0% - 0.9% - 4.6% - 4.2% - 5.9% - 6.2% - 6.7% - 3.6% - 5.4% - 2.6% - 4.3% + 0.2% - 2.2% - 6.3% - 2.4% -- --

TOTAL

49

286

28

Hamilton RI Ironwood Lackner McLennan

21

$885,000

6 3 0 0 1 6 9 0 5 4

$1,062,700 $1,318,700

$0

McLennan North

11

28

$1,221,400 $856,800 $872,700 $1,087,300 $1,039,900

McNair

Quilchena RI Riverdale RI

Saunders Sea Island

$0

Seafair

$972,600

South Arm

$1,194,200

Steveston North Steveston South Steveston Village

10

$961,000

9 1

$1,221,300

$966,500

Terra Nova

17 33

$1,262,700 $1,208,700 $1,049,500 $1,373,300 $1,124,100

West Cambie

Westwind

1

Woodwards

14

TOTAL*

49

286

* This represents the total of the Richmond area, not the sum of the areas above. Townhomes - Richmond

Sales

Active Listings

MLS® HPI Benchmark Price

$1,169,400

$1,163,300

$1,159,700

$1,154,700

$1,149,400

$1,144,000

$1,134,800

$1,134,300

$1,127,000

$1,124,100

$1,110,800

$1,108,400

328

332

322

314

287

286

273

245

256

236

237

206

68

46

60

54

49

52

52

52

46

38

#VALUE! #VALUE! 04-2024

39

53

05-2024

06-2024

07-2024

08-2024

09-2024

10-2024

11-2024

12-2024

01-2025

02-2025

03-2025

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

16

STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

RICHMOND

Richmond REALTOR® Report A Research Tool Provided by the Real Estate Board of Greater Vancouver March 2025

MLS® HPI Benchmark Price

Detached

Condos

Townhomes

$2,500,000

$2,217,900

$2,210,200

$2,171,100

$2,107,600

$2,000,000

$1,881,100

$1,833,500

$1,742,90$01,741,500

$1,642,60$01,624,100

$1,500,000

$1,199,400

$1,151,20$01,124,100

$1,114,00$01,098,100

$1,113,90$01,103,900

$1,068,800

$1,020,500

$1,000,000

$890,900

$884,100

$834,600

$784,200$795,200

$760,600

$747,100

$681,300

$664,000

$759,600$745,400

$634,100

$720,500$716,200

$589,300

$498,500$515,800

$615,100

$598,900

$453,400$485,000$486,200$484,500

$559,300$570,800

$409,300$378,100

$500,000

$367,900

$465,800

$325,900

$371,600

$336,400

$280,200$250,500 $302,500$330,800$326,000$320,200$322,200

$221,200$247,600

$0

01-200601-200701-200801-200901-201001-201101-201201-201301-201401-201501-201601-201701-201801-201901-202001-202101-202201-202301-202401-2025

Note: $0 means that there is no sales activity, not $0 as an MLS® HPI Benchmark Price.

Average Price Per Square Foot

Detached

Condos

Townhomes

$900

$850

$859

$836

$853

$846

$836

$836 $813

$817

$834

$832

$831

$807

$798

$803

$811

$800

$807

$788

$797

$778

$776

$794

$772 $773

$771

$769

$766

$764

$762

$760

$759

$768

$750

$755

$730

$722

$721

$719

$700

04-2022 07-2022 10-2022 01-2023 04-2023 07-2023 10-2023 01-2024 04-2024 07-2024 10-2024 01-2025

Note: $0 means that there is no sales activity, not $0 as an Average Price Per Square Foot.

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

17

STILHAVN REAL ESTATE SERVICES

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LADNER

18

STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

REALTOR® Report A Research Tool Provided by the Real Estate Board of Greater Vancouver

LADNER

Ladner

March 2025

Detached Properties

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

87

81

67

+ 29.9%

65

+ 24.6%

Sales

14

11

15

- 6.7%

10

+ 10.0%

Days on Market Average

20

38

30

- 33.3%

79

- 51.9%

MLS® HPI Benchmark Price

$1,422,000

$1,423,700

$1,415,500

+ 0.5%

$1,356,700

+ 4.9%

Condos

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

18

22

9

+ 100.0%

4

+ 450.0%

Sales

8

7

2

+ 300.0%

8

- 12.5%

Days on Market Average

32

37

16

+ 100.0%

18

+ 105.6%

MLS® HPI Benchmark Price

$693,200

$680,300

$679,500

+ 2.0%

$699,400

- 2.7%

Townhomes

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

39

35

16

+ 143.8%

14

+ 150.0%

Sales

8

11

12

- 33.3%

5

+ 120.0%

Days on Market Average

33

22

12

+ 175.0%

21

+ 4.8%

MLS® HPI Benchmark Price

$1,022,500

$1,018,100

$1,017,400

+ 0.5%

$996,600

+ 2.2%

Sales-to-Active Ratio

Townhome

Condo [44.4%]

Detached

[20.5%]

[16.1%]

500%

400%

Seller's Market

300%

200%

100%

Buyer's Market Balanced Market

0%

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

19

STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

LADNER

REALTOR® Report

A Research Tool Provided by the Real Estate Board of Greater Vancouver

Ladner

Detached Properties Report – March 2025

Active Listings

Avg Days on Market

Active Listings

Benchmark Price

One-Year Change

Price Range

Sales

Neighbourhood

Sales

$99,999 and Below $100,000 to $199,999 $200,000 to $399,999 $400,000 to $899,999 $900,000 to $1,499,999 $1,500,000 to $1,999,999 $2,000,000 to $2,999,999 $3,000,000 and $3,999,999 $4,000,000 to $4,999,999

0 0 0 0 8 5 1 0 0 0

0 0 1 3

0 0 0 0

Annacis Island Delta Manor

0 2 0 5 4 2 0 0 1 0 0

0 5 4

$0

--

$1,373,200

+ 1.1%

East Delta Hawthorne

$0

--

18 16 15 10

$1,470,500 $1,485,400 $1,348,600

+ 0.6% + 0.8% + 0.3%

26 36

13 33 19

Holly

Ladner Elementary

8 3 4 6

Ladner Rural Neilsen Grove Port Guichon

$0

--

0 0 0

5

$1,420,000 $1,313,300

+ 0.1% - 1.9%

11

$5,000,000 and Above

Tilbury

0 3

$0 $0

-- --

TOTAL

14

87

20

Westham Island

TOTAL*

14

87

$1,422,000

+ 0.5%

* This represents the total of the Ladner area, not the sum of the areas above. Detached Homes - Ladner

Sales

Active Listings

MLS® HPI Benchmark Price

$1,459,300

$1,442,700 $1,441,400

$1,435,600

$1,423,700 $1,422,000

$1,420,600

$1,415,700

$1,409,700

$1,408,500

$1,398,800

$1,396,100

87

83

81

82

78

74

68

89

62

88

79

84

#VALUE! #VALUE! 15

18

17

14

17

17

13

11

10

11

7

6

04-2024

05-2024

06-2024

07-2024

08-2024

09-2024

10-2024

11-2024

12-2024

01-2025

02-2025

03-2025

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

20

STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

LADNER

REALTOR® Report

A Research Tool Provided by the Real Estate Board of Greater Vancouver

Ladner

Condo Report – March 2025

Active Listings

Avg Days on Market

Active Listings

Benchmark Price

One-Year Change

Price Range

Sales

Neighbourhood

Sales

$99,999 and Below $100,000 to $199,999 $200,000 to $399,999 $400,000 to $899,999 $900,000 to $1,499,999 $1,500,000 to $1,999,999 $2,000,000 to $2,999,999 $3,000,000 and $3,999,999 $4,000,000 to $4,999,999

0 0 0 6 2 0 0 0 0 0

0 0 0

0 0 0

Annacis Island Delta Manor

0 3 0 2 0 1 0 2 0 0 0 8

0 0 1 5 0 9 0 3 0 0 0

$0

--

$612,100

+ 1.8%

East Delta Hawthorne

$0

--

15

24 56

$657,200

+ 3.4%

3 0 0 0 0 0

Holly

$0

--

0 0 0 0 0

Ladner Elementary

$724,800

+ 2.3%

Ladner Rural Neilsen Grove Port Guichon

$0

--

$941,300

+ 1.1%

$0 $0 $0

-- -- --

$5,000,000 and Above

Tilbury

TOTAL

8

18

32

Westham Island

TOTAL*

18

$693,200

+ 2.0%

* This represents the total of the Ladner area, not the sum of the areas above. Condos - Ladner

Sales

Active Listings

MLS® HPI Benchmark Price

$702,700

$702,100

$698,200

$693,200

$684,300

$680,300

$674,100

$659,500

$648,500

$642,800

$638,600

$625,700

26

25

24

24

22

20

18

18

17

21

21

15

8

7

7

6

5

4

5

5

5

4

3

#VALUE! #VALUE! 04-2024

1

05-2024

06-2024

07-2024

08-2024

09-2024

10-2024

11-2024

12-2024

01-2025

02-2025

03-2025

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

21

STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

LADNER

REALTOR® Report

A Research Tool Provided by the Real Estate Board of Greater Vancouver

Ladner

Townhomes Report – March 2025

Active Listings

Days on Market

Active Listings

Benchmark Price

One-Year Change

Price Range

Sales

Neighbourhood

Sales

$99,999 and Below $100,000 to $199,999 $200,000 to $399,999 $400,000 to $899,999 $900,000 to $1,499,999 $1,500,000 to $1,999,999 $2,000,000 to $2,999,999 $3,000,000 and $3,999,999 $4,000,000 to $4,999,999

0 0 0 1 7 0 0 0 0 0

0 0 0 2 2 1 0 0 0

0 0 0 6 0 0 0 0 0

Annacis Island Delta Manor

0 1 0 1 0 1 0 5 0 0 0 8

0 7 0 1 2 9 0 0 0 0

$0

--

$938,000

- 2.8%

East Delta Hawthorne

$0

--

$830,500 $848,100 $793,000

- 3.1% - 4.2% - 3.2%

34

37

Holly

Ladner Elementary

Ladner Rural Neilsen Grove Port Guichon

$0

--

20

$1,144,100

+ 0.3%

$0 $0 $0

-- -- --

$5,000,000 and Above

Tilbury

TOTAL

8

39

33

Westham Island

TOTAL*

39

$1,022,500

+ 0.5%

* This represents the total of the Ladner area, not the sum of the areas above. Townhomes - Ladner

Sales

Active Listings

MLS® HPI Benchmark Price

$1,035,800

$1,029,600

$1,026,000

$1,023,100

$1,022,900

$1,022,500

$1,022,300

$1,020,800

$1,020,100

$1,018,100

$1,012,200

$1,008,000

39

36

36

34

31

33

35

33

33

31

26

25

12

12

11

10

8

8

8

10

7

8

7

#VALUE! #VALUE! 04-2024

5

05-2024

06-2024

07-2024

08-2024

09-2024

10-2024

11-2024

12-2024

01-2025

02-2025

03-2025

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

22

STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

LADNER

Ladner REALTOR® Report A Research Tool Provided by the Real Estate Board of Greater Vancouver March 2025

MLS® HPI Benchmark Price

Detached

Condos

Townhomes

$1,600,000

$1,537,500

$1,415,50$01,422,000

$1,400,000

$1,238,500

$1,189,500

$1,200,000

$1,045,300

$1,017,40$01,022,500

$1,011,300

$1,010,500

$975,600

$966,300

$964,500

$1,000,000

$938,300

$808,300

$748,600

$800,000

$709,500

$706,600

$684,300

$674,000

$651,400$646,500

$698,900$708,100

$623,300

$679,500$693,200

$605,000$607,000

$578,200

$542,300

$600,000

$524,500

$516,100

$572,800

$469,400

$511,100$494,700

$422,100$416,900

$414,800$423,300

$475,400

$400,500

$393,300

$381,100

$432,600

$343,200

$341,100

$400,000

$306,000

$357,500

$292,700$282,700 $305,500$299,700$296,900

$286,800$277,200 $302,600

$252,900

$226,500 $200,000

01-200601-200701-200801-200901-201001-201101-201201-201301-201401-201501-201601-201701-201801-201901-202001-202101-202201-202301-202401-2025

Note: $0 means that there is no sales activity, not $0 as an MLS® HPI Benchmark Price.

Average Price Per Square Foot

Detached

Condos

Townhomes

$1,200

$1,000

$800

$718 $828 $698

$658 $689

$683

$677

$631 $669

$669

$666 $654

$663

$734

$656

$632 $733

$664

$586 $629

$717

$671

$695

$682 $581

$565 $644

$675

$671

$600

$657

$653

$641

$597

$400

$200

$0

$0

$0

04-2022 07-2022 10-2022 01-2023 04-2023 07-2023 10-2023 01-2024 04-2024 07-2024 10-2024 01-2025

Note: $0 means that there is no sales activity, not $0 as an Average Price Per Square Foot.

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

23

STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

TSAWWASSEN

24

STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

REALTOR® Report A Research Tool Provided by the Real Estate Board of Greater Vancouver

TSAWWASSEN

Tsawwassen

March 2025

Detached Properties

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

138

129

81

+ 70.4%

79

+ 63.3%

Sales

19

6

16

+ 18.8%

11

- 45.5%

Days on Market Average

23

32

32

- 28.1%

54

- 40.7%

MLS® HPI Benchmark Price

$1,649,800

$1,633,400

$1,686,000

- 2.1%

$1,554,600

+ 5.1%

Condos

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

81

80

52

+ 55.8%

39

+ 105.1%

Sales

13

15

11

+ 18.2%

15

0.0%

Days on Market Average

29

47

30

- 3.3%

32

+ 46.9%

MLS® HPI Benchmark Price

$676,800

$677,100

$679,000

- 0.3%

$680,900

- 0.6%

Townhomes

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

42

37

23

+ 82.6%

23

+ 60.9%

Sales

4

6

4

0.0%

8

- 25.0%

Days on Market Average

63

33

14

+ 350.0%

25

+ 32.0%

MLS® HPI Benchmark Price

$971,700

$989,500

$1,016,500

- 4.4%

$1,007,700

- 1.8%

Sales-to-Active Ratio

Townhome

Condo [16.0%]

Detached

[9.5%]

[13.8%]

140%

120%

100%

Seller's Market

80%

60%

40%

20%

Buyer's Market Balanced Market

0%

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.