A year ago, amid a softening real estate market, many would-be buyers chose to hold off and see whether they could get a better deal in a year’s time. For those who waited a year and bought recently, their patience has paid off, with prices down across the board for detached, attached, and condo buyers.
The median detached home in Metro Vancouver sold for $1,522,500 between September 1 and 22 this year, according to HouseSigma data. Over the same three weeks last year, the median was $1,660,000, so this year’s figure is $137,500 (8.3%) lower.
Townhouses and condos moved in the same direction. The median townhouse sold for $835,000, down from $885,000 (-5.6%), and the median condo sold for $605,500, down from $644,500 (-6.1%). A median price depends partly on which homes happen to sell in a given window, so some of that change reflects the mix of properties on the market in each period, not only shifts in price.
Buyers also had a little more room to negotiate than they did last September. The typical detached home sold 4.2% below its final asking price, compared with 3.7% a year earlier, and 92.9% of detached homes sold under asking, up from 89.8%. The median discount on condos widened from 2.5% to 3.0%, and on townhouses from 2.0% to 2.6%.
How to spot your negotiating room on any home purchase The two data points on every HouseSigma listing that make it easyThe nine homes below all sold between September 1 and 22 this year for close to the median price in their category. The spread in what that money bought is wide but, in every case, it represents a little more than buyers could get a year ago.
Detached homes
Median $1,522,500; last year $1,660,000
Richmond: $1,517,500
Built in 1976, this Richmond house has five bedrooms and four bathrooms in 2,388 square feet. It was listed at $1,595,000 and sold for $77,500 under asking. The final price came in $5,000 below the detached median.
Details: $1,517,500 | 5 bed, 4 bath | 2,388 sqft | Built: 1976 | Sold: September 1, 2026
East Vancouver: $1,525,000
This East Vancouver house was built in 1941 and has three bedrooms and two bathrooms across 2,124 square feet. It was first listed in April at $1,739,000, then came off the market and was relisted in September at $1,549,900. It sold for $24,900 below that final asking price, $2,500 above the regional detached median.
Details: $1,525,000 | 3 bed, 2 bath | 2,124 sqft | Built: 1941 | Sold: September 22, 2026
Langley: $1,520,000
This Willoughby Heights home is the newest and largest of the three detached homes here, built in 2015 with five bedrooms and four bathrooms over 3,028 square feet. It was listed at $1,599,000 and sold for $79,000 less. At about $502 per square foot, the buyer paid roughly $216 less per square foot than the buyer of the East Vancouver house.
Details: $1,520,000 | 5 bed, 4 bath | 3,028 sqft | Built: 2015 | Sold: September 9, 2026
Attached homes
Median $835,000; last year $885,000
Burnaby: $825,000
This 2018 stacked townhouse occupies two upper levels in a corner unit of a four-level building and has its own exterior entrance. It has two bedrooms and three bathrooms in 955 square feet. The home was first listed in March at $918,000 and relisted in June at $849,000. It sold for $24,000 below that final price, $10,000 under the current townhouse median.
Details: $825,000 | 2 bed, 3 bath | 955 sqft | Built: 2018 | Sold: September 14, 2026
Coquitlam: $837,000
Built in 1987, this Coquitlam townhouse has three bedrooms and three bathrooms in 1,533 square feet. It was listed in August at $899,000, then relisted in September at $849,000. It sold for $12,000 under that asking price, $2,000 above the townhouse median.
Details: $837,000 | 3 bed, 3 bath | 1,533 sqft | Built: 1987 | Sold: September 18, 2026
Surrey: $835,000
This Surrey townhouse sold for exactly the regional townhouse median. Built in 1995, it has three bedrooms and three bathrooms across 2,165 square feet, more than twice the floor space of the Burnaby townhouse. It was listed at $858,800 and sold for $23,800 under asking.
Details: $835,000 | 3 bed, 3 bath | 2,165 sqft | Built: 1995 | Sold: September 22, 2026
Condos
Median $605,500; last year $644,500
Downtown Vancouver: $615,000
This Richards Street one-bedroom, one-bathroom condo was built in 2011 and measures 556 square feet. It was listed at $619,800 and sold for $4,800 under asking, $9,500 above the condo median. At about $1,106 per square foot, it has the smallest footprint and the highest price per square foot of the nine homes in this list.
Details: $615,000 | 1 bed, 1 bath | 556 sqft | Built: 2011 | Sold: September 21, 2026
Burnaby: $615,000
For the same price as the Richards Street unit, this Burnaby buyer got a second bedroom, a second bathroom and 286 more square feet. The 2009 condo has 842 square feet and was listed at $629,900 and sold for $14,900 under asking.
Details: $615,000 | 2 bed, 2 bath | 842 sqft | Built: 2009 | Sold: September 8, 2026
Langley: $612,000
Built in 2021, this two-bedroom, two-bathroom Willoughby Heights condo is the newest and largest of the three condos featured, at 998 square feet. That’s almost 80% more space than the downtown Vancouver unit, for $3,000 less. It was listed at $628,700 and sold for $16,700 under asking, $6,500 above the condo median price.
Details: $612,000 | 2 bed, 2 bath | 998 sqft | Built: 2021 | Sold: September 22, 2026
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