Vancouver Condos Selling Over Asking Price in March

If you read the Vancouver Condo Report March 2017 then you’re already aware just how hot the Vancouver condo market is. After a cool off period during the fall and winter months the market has picked right back up in 2017 amidst falling inventory as sellers hold out. The market remains extremely competitive amongst buyers, while a tremendous opportunity still exists for sellers. So just how fast are Vancouver condos selling? Let’s take a look.

Average Days on Market

The average days on market for Vancouver West condos is 24 days. The median which I tend to find more accurate is 11 days. The typical procedure of listing a property, exposing it for a week of showings, including a couple open houses, then followed by offers remains the most common procedure for selling a Vancouver condo. Below I have included the median days on market by area.

As you can see, condos are selling fast in every area around Vancouver. In fact, Vancouver West condos are selling 48% faster than the 10 year average for March.

Percentage of Original Price

Percentage of original price tracks how much sellers are getting on their asking price. Of course in this market when multiple offers are rampant we tend to see condos selling over asking price. Sure enough, after a winter cool down the trend is back on the way up.

Vancouver condo sellers are getting 100.7% of their asking price. This is slightly below March 2016 but still well above normal levels. This should come as little surprise as 38% of Vancouver West condos sold over asking price in March. This was up from the 32% in February.

Want Vancouver Condo Market Updates? Click HERE



  1. Good – I should definitely pronounce, impressed with your site. I had no trouble navigating through all the tabs as well as related information ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or anything, site theme . a tones way for your customer to communicate. Excellent task.

  2. Whats up are using WordPress for your blog platform? I’m new to the blog world but I’m trying to get started and create my own. Do you require any html coding expertise to make your own blog? Any help would be really appreciated!

  3. Amazing blog! Do you have any suggestions for aspiring writers? I’m hoping to start my own blog soon but I’m a little lost on everything. Would you suggest starting with a free platform like WordPress or go for a paid option? There are so many choices out there that I’m completely confused .. Any recommendations? Bless you!

  4. Thanks for the marvelous posting! I quite enjoyed reading it, you may be a great author.I will make sure to bookmark your blog and may come back in the foreseeable future. I want to encourage you to continue your great writing, have a nice morning!

  5. I simply wished to thank you so much once more. I do not know the things I could possibly have implemented without these creative ideas discussed by you regarding this situation. Entirely was the alarming difficulty for me, however , looking at a professional form you managed it forced me to weep for fulfillment. I’m thankful for this service and as well , have high hopes you comprehend what an amazing job your are putting in instructing people today all through your web blog. Most probably you’ve never met any of us.

  6. I’m really impressed with your writing skills and also with the structure in your blog. Is this a paid subject matter or did you modify it yourself? Either way stay up the excellent quality writing, it is uncommon to peer a nice weblog like this one today..


Please enter your comment!
Please enter your name here