Metro Vancouver homes in 2025 sold at the slowest pace on HouseSigma’s 23-year record, both in terms of sales volumes and average time to sell, new HouseSigma data has revealed.
There were 30,765 residential resale transactions in the region across 2025, which is the lowest number of full-year sales on our records since 2003. It is fewer than even the 2008 financial crisis year, which was the second-slowest year on HouseSigma records (see graph below). Sales last year were 12.9% down from 2024, and more than 50% lower than the post-pandemic peak seen in 2021.
Since January 2020, HouseSigma has been tracking “property days on market”, which measures the average total number of days a property (all home types combined) has been for sale, including if it was delisted and quickly relisted. This monthly figure was higher in 2025 than all five of the previous years on record, and culminated in a record high in December 2025 of 96 average property days on market. That means the average Metro Vancouver home listing that was active in December had been for sale for more than three months.
The median price of all those 30,765 home sales across 2025 was $912,500. However, this full-year median belies the fact that median sale prices across each property type fell across the year, between 9% and 11%, from January to December 2025.
While absorption slowed in 2025, the number of homes being newly listed did not, as new residential resale listings rose 7.7% in 2025 compared with 2024. Combining that with the very slow sales, the market was flooded with available inventory that created the strong buyer’s market of today.
Karen Grunlund, HouseSigma’s Managing Broker for BC, said, “The 2025 Metro Vancouver market tells a clear story: with sales volumes at their lowest in over two decades and homes sitting on the market for record lengths of time, buyers have more negotiating power than they’ve had in years. The combination of rising inventory and slower absorption has created conditions that strongly favour purchasers who are willing to act.”
Check out the infographic below for more details on the 2025 full-year Metro Vancouver real estate market.
Find all your market trends data for Metro Vancouver here and keep up to date with our BC real estate blog here.