What Sellers Are Bringing to Market Right Now
Walk through any Greater Vancouver neighbourhood this fall and the for-sale signs tell a story about who is moving and why. Of the 4,608 homes that came onto the market in the last 30 days and remain listed, condos and apartments dominate. They represent 2,114 of the new listings, while detached houses account for 1,420 and townhouses 677.
That mix differs from the overall inventory. Condos make up just over two-fifths of all active listings, but they are nearly half of what sellers have brought forward in the last month. Detached houses, by contrast, represent just under a third of new listings but more than a third of everything on the market. The shift is subtle but real, and it reflects the decisions people are making right now—downsizing from houses they no longer need, moving up from condos as families grow, or adjusting to what borrowing at current rates allows.
Key Takeaways
- Condos and apartments make up 2,114 of the 4,608 new listings in the last 30 days, with a median asking price of $688,000.
- Detached houses account for 1,420 new listings, with a median asking price of $1,950,000.
- Vancouver saw 1,578 new listings in the last month, more than any other municipality, followed by Burnaby with 561 and Richmond with 522.
- Townhouses represent 677 new listings, with a median asking price of $1,050,000.
- The mix of what sellers are bringing to market differs from the overall inventory, suggesting shifts in who is moving and why.
Who Is Listing and Where
Vancouver leads the region with 1,578 new listings in the last 30 days, followed by Burnaby at 561 and Richmond at 522. North Vancouver added 433, Coquitlam 397, and smaller municipalities like Delta, New Westminster and Maple Ridge each contributed between 200 and 210.
The reasons are as varied as the people. Empty nesters in North Vancouver detached houses may be looking at maintenance, property taxes and rooms no one uses. Young families in Burnaby condos may be ready for a yard and a third bedroom. Investors who bought pre-construction years ago are seeing projects complete and choosing to list rather than hold. Borrowing costs, while lower than a year ago, still shape what people can carry—the Bank of Canada policy rate sits at 2.25 percent as of late September, and the five-year posted rate for major chartered banks is 6.09 percent, though most borrowers negotiate below that figure.
None of these motives shows up in the data as a percentage or a survey result. They are the texture of thousands of individual decisions, visible only in the aggregate: more condos coming forward relative to their share of inventory, fewer detached houses.
What the Asking Prices Show
The median asking price for a condo or apartment listed in the last 30 days is $688,000, nearly identical to the $688,800 median for all condos on the market. Townhouses show a similar pattern: $1,050,000 for new listings versus $1,069,000 overall. Detached houses, however, come in lower among the newest listings—$1,950,000 compared with $2,050,000 across all active detached inventory.
That gap may reflect sellers pricing competitively to move quickly, or it may simply be the homes that happen to be listed right now. Either way, it is a data point worth noting if you are planning to sell a detached house and wondering where to set your ask.
Across all home types, the largest single price band is $2,000,000 and up, with 2,998 listings. But the next largest is $500,000 to $749,999, with 2,764 homes, most of them condos. The middle bands—$750,000 to $999,999 and $1,000,000 to $1,499,999—each hold between 2,097 and 2,667 listings. Only 1,154 homes are listed under $500,000.
What to Know Before You List
If you are thinking about selling, the current inventory offers a snapshot of the competition. Condos and apartments sit on the market for a median of 55 days so far, townhouses 49 days, and detached houses 71 days. Those figures describe how long the current listings have been active, not how long it takes to sell, but they give a sense of the pace.
Pricing matters. The newest condo listings are asking $688,000 at the median, and the newest detached houses $1,950,000. If your home is in better condition, in a more desirable location or offers something scarce—a view, a school catchment, a lane house—you may ask more. If it needs work or sits farther from transit, you may need to come in below the median to attract attention.
Timing is harder to predict. Borrowing costs have come down from their peak, which helps buyers, but they remain higher than the lows of a few years ago. Inventory is substantial—13,636 active listings as of late September—so buyers have choice. That does not mean homes are not selling, only that sellers need to be realistic about price and patient about process.
Renanza offers a free home valuation based on current market data, and our agents work across Greater Vancouver to help sellers position their homes effectively. If you are curious what your property might list for, or what the competition looks like in your neighbourhood, that is a place to start.
The Bigger Picture
The mix of what sellers are bringing to market right now—more condos relative to their share of inventory, fewer detached houses—reflects the life stages and financial realities of people in this region. Some are downsizing because the house is too much. Some are moving up because the condo is too little. Some are relocating for work, or selling an investment property, or simply ready for a change.
The data does not tell you which motive applies to which listing. It only shows the result: 4,608 homes that were not on the market a month ago, now available for someone else to consider. If you are planning to sell, you are part of that story. Understanding what else is out there, at what price, and in which municipalities, helps you make a more informed decision about when and how to list.
For more on the Greater Vancouver market or to explore current listings, Renanza's tools and agents are available to help.
Sources
Renanza Realty — Analysis of active MLS® listings (CREA DDF®) — Greater Vancouver, September 2026 Bank of Canada — Target for the overnight rate (policy interest rate), September 2026 Bank of Canada — Conventional mortgage, 5-year posted rate (major chartered banks), week of September 23, 2026
Data last checked: 2026-09-30
