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Renanza Realty
Market

British Columbia real estate

Every community in the province the MLS® feed reaches — from Metro Vancouver and the Island through the Interior, the Kootenays and the North.

Market snapshot

The British Columbia market right now

British Columbia currently has 43,145 active listings. Most homes for sale are priced between $315K and $2.30M, with a median around $800K. Detached houses make up the largest share of the market.

43,145
Active listings
43,145
For sale
$800K
Median list price
$315K–$2.30M
Typical range
$559
Median price / sq ft
66
Median days listed
2,378
New in last 7 days
2001
Median year built

British Columbia prices by bedrooms

BedroomsActive listingsMedian asking price
14,037$489K
210,064$626K
39,290$870K
4+14,044$1.44M

Across British Columbia, the most listings are in Vancouver (4,211), Surrey (3,875), Kelowna (1,848), Richmond (1,779), Burnaby (1,757) and Langley (1,288).

Figures reflect current active MLS® listings and update as the market moves.

Buying a home in British Columbia

BC's 2023 small-scale multi-unit housing legislation now allows three to four units on most single-family lots in larger municipalities, which is reshaping what detached lots are worth. Check the lot's current zoning with the municipality, and get a home inspection and a title search before removing subjects.

Budget for BC's property transfer tax on top of the price — it's charged on the purchase and first-time buyers and new builds may qualify for exemptions. See our BC & Alberta closing costs checklist.

Common questions

British Columbia real estate FAQs

How much does a home cost in British Columbia?

The median asking price for homes currently for sale in British Columbia is about $800,000, and most are listed between $315,000 and $2,300,000. These figures come from active MLS® listings and move with the market.

How many homes are for sale in British Columbia right now?

There are 43,145 active listings on this page's search, 2,378 of them new in the last 7 days. Listings are updated continuously from the MLS®.

How much is a 3-bedroom home in British Columbia?

Median asking prices by bedroom count in British Columbia right now — 1 bedroom: about $489,000; 2 bedrooms: about $626,000; 3 bedrooms: about $870,000; 4+ bedrooms: about $1,435,000. Based on 37,435 active listings.

What is the price per square foot for homes in British Columbia?

The median asking price per square foot of living area is about $559 across homes currently listed in British Columbia. Location, age and building type move this a lot, so compare within a neighbourhood.

How long have homes in British Columbia been on the market?

The typical active listing here first came on the market about 66 days ago. That's days listed so far, not time to sell, but a long figure usually signals more room to negotiate.

Can non-Canadians buy a home in British Columbia?

Generally not right now. Since January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act has barred most non-Canadians from buying residential property, with exceptions such as permanent residents and some work-permit holders. The ban has been extended before, so confirm its current status and get legal advice on your situation.

Buying or selling in All of BC?

Start with a local conversation.

A Renanza agent who knows All of BC will walk you through what's happening in the market and what your options are.

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