{"id":48038,"date":"2026-07-28T17:34:54","date_gmt":"2026-07-28T21:34:54","guid":{"rendered":"https:\/\/housesigma.com\/blog-en\/?p=48038"},"modified":"2026-07-28T17:34:54","modified_gmt":"2026-07-28T21:34:54","slug":"in-a-softer-real-estate-market-which-metro-vancouver-homes-are-still-selling-above-asking-price","status":"publish","type":"post","link":"https:\/\/housesigma.com\/blog-en\/in-a-softer-real-estate-market-which-metro-vancouver-homes-are-still-selling-above-asking-price\/","title":{"rendered":"In a softer real estate market, which Metro Vancouver homes are still selling above asking price?"},"content":{"rendered":"\n

Most coverage of Metro Vancouver real estate this year has focused on softening prices, and the sales figures support that reading. A recent analysis by HouseSigma<\/a> found that homes that sell after the first week of listing dramatically reduced their chances of selling at or above asking price. <\/p>\n\n\n\n

In June 2026, just 168 homes across the region sold for more than their original asking price, out of 3,046 sales in total \u2014 roughly one in 18. That is the smallest share of any June since 2021, when nearly four in 10 homes sold above ask. (The comparison of sale price versus the original <\/em>asking price means we don’t count homes that had their price reduced and then sold above that new price, but below the original.)<\/p>\n\n\n\n

Those 168 above-asking sales were not spread evenly across the three home types. Detached houses sold above asking 7.2% of the time and attached homes 6.4%. Condos only managed to sell above asking in 3.7% of sales, despite making up the largest share of sales in the region. <\/p>\n\n\n\n

So, some buyers are still bidding above ask, but for a much narrower set of homes than at any point in the past five years. In which case, what are the kinds of homes that still manage to sell above asking price in this softer market? <\/p>\n\n\n \n $<\/text><\/svg><\/span>\n \n How to spot your negotiating room on any home purchase<\/span>\n The two data points on every HouseSigma listing that make it easy<\/span>\n <\/span>\n \n \n <\/svg>\n <\/a>\n \n\n\n\n

Here are 10 home sales from June 2026, across Metro Vancouver, that were able to do so \u2014 likely for a range of reasons (including, for one, being the former home and studio of a great Canadian artist). They are not ranked, but are instead representative regional samples that each come from a list of the 10 June 2026 home sales that went for most over asking, for their property type. We’ve included four detached homes, three attached, and three condo examples.<\/p>\n\n\n\n

The themes for going over asking seem to be recent and extensive renovations, architectural or cultural significance, upgrading potential paired with low price, or amazing location and amenities. All of these examples sold in very little time on market, in addition to going for well over asking. <\/p>\n\n\n\n

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1. 1620 20th Avenue East, Vancouver<\/a>: $2,701,620 (+17.5% over ask)<\/h2>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n

This creative’s paradise is the former home of internationally acclaimed Canadian artist Gathie Falk. The home is a restful place of relaxation with the rare benefit of a massive upstairs studio space with tonnes of natural light (Falk’s private art studio), which is probably why it got so much buyer interest. The East Van house has three bedrooms, two bathrooms, and French doors opening onto a European-style gravel garden. It sold for the unusual figure of $2,701,620, which was 17.5% over its $2.3 million asking price.<\/p>\n\n\n\n

Details: $2,701,620<\/strong> | 3 bed, 2 bath | 2,689\u00a0sq ft | Built 1988 | Sold June 12, 2026 (7 days on market)<\/strong><\/p>\n\n\n\n

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2. 551 Palisade Drive, North Vancouver<\/a>: $2,300,000 (+15.5%)<\/h2>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n

This is an architecturally striking post-modern home in Canyon Heights that was recently sold by the same owner who built it in 1981. It has epic city and ocean views, as well as an office and a den to supplement the four bedrooms. We think that the combination of the unique design, the breathtaking views, and the care taken of this home led to its sale at 15.5% higher than the $1.988 million price tag. <\/p>\n\n\n\n

Details: $2,300,000 | 4 bed, 4 bath | 4,078<\/strong> sq ft | Built 1981 | Sold June 30, 2026 (8 days)<\/strong><\/p>\n\n\n\n

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3. 11858 Woodlynn Court, Delta<\/a>: $1,587,000 (+9.4%)<\/h2>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n

Another 1980s home, this one may have less architectural or cultural significance than the above, but it’s a highly desirable family home. It has seen over $400,000 in renovations, including a open-concept great room conversion, theatre room, air conditioning, and smart home tech. It sold for 9.4% over its asking price of $1,450,000, after five days on market.<\/p>\n\n\n\n

Details: $1,587,000 | 4 bed, 3 bath | 2,397 sq ft | Built 1986 | Sold June 17, 2026 (5 days)<\/strong><\/p>\n\n\n\n

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4. 18312 59a Avenue, Surrey<\/a>: $1,235,000<\/strong> (+8.3%)<\/h2>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n

The last of our detached examples is this Surrey family home, which asked $1,140,000, and sold 8.3% over that in only a single day on market. It has lovely interior design, high ceilings in the upper great room, and a great layout that includes an in-law suite downstairs. All of that is on a large corner lot with lots of yard for the kids. That’s a rare enough combination to get buyers bidding against each other. <\/p>\n\n\n\n

Details: $1,235,000 | 4 bed, 3 bath | 2,906 sq ft | Built 1984 | Sold June 19, 2026 (1 day)<\/strong><\/p>\n\n\n\n

\n\n\n \n <\/svg><\/span>\n \n Get a free home valuation<\/span>\n See what your home is worth based on recent comparable sales<\/span>\n <\/span>\n \n \n <\/svg>\n <\/a>\n \n\n\n\n

5. 8289 121a Street, Surrey<\/a><\/strong>: $668,000 <\/strong>(+21.5%)<\/h2>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n

Moving on to attached homes, this well-laid-out Surrey townhome got a whopping premium of 21.5% over its $550K asking price, and sold in a week. That’s not bad for a home that was built in the late 1990s and needs cosmetic updating. But its end-unit status means it has three sides of windows and a lot of natural light, and the layout is ideal for a small family.<\/p>\n\n\n\n

Details: $668,000 | 3 bed, 3 bath | 1,333 sq ft | Built 1998 | Sold June 30, 2026 (7 days on market)<\/strong><\/p>\n\n\n\n

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6. 1865 7th Avenue East, Vancouver<\/a>: $1,615,000 <\/strong>(+9.2%)<\/h2>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n

We’re not surprised this home got a lot of interest, even though it was already an expensive listing. It’s a 1990s-built, recently renovated, Craftsman-style half-duplex near the sought-after Commercial Drive neighbourhood in East Vancouver. The renovations are on point, there’s bags of character and cool angles, there are some vaulted ceilings, there’s a cute balcony off the primary, and it has a sunny back patio. The buyer who got this home was able to bid 9.2% over the $1,479,000 ask. <\/p>\n\n\n\n

Details: $1,615,000 | 3 bed, 3 bath | 1,453 sq ft | Built 1995 | Sold June 17, 2026 (6 days on market)<\/strong><\/p>\n\n\n\n

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7. 8631 No. 3 Road, Richmond<\/a>: $945,000 (+5.1%)<\/h2>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n

This bright Richmond townhome has also seen recent renovations, including a beautiful new kitchen, double-glazed windows, new flooring, designer lighting, and custom built-in closets. It’s also an end unit with an extra-large southwest-facing private backyard, plus it’s located within the sought-after Ferris Elementary and Richmond Secondary school catchments, making it extremely attractive to families. It went for more than 5% over its $899K list price after just four days.<\/p>\n\n\n\n

Details: $945,000 | 3 bed, 3 bath | 1,372 sq ft | Built 1984 | Sold June 18, 2026 (4 days on market)<\/strong><\/p>\n\n\n\n

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8. 301-120 4th Street East, North Vancouver<\/a>: $545,000 <\/strong>(+26.8%)<\/h2>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n

Moving into condos, this estate sale in North Vancouver bucked the condo trend, going for a huge 26.8% over asking \u2014 which was a low $429,900 that seemed to invite higher bids. It’s a third-floor corner suite with over 1,000 square feet of space that needs some updating. The 1970s building has a new elevator, an upcoming new boiler and balcony railings, and other improvements, all of which are to be paid by the estate. Given the great location close to the amenities and transit of Lower Lonsdale, plus the unit’s potential and original low price, we’re not surprised this one got into escalated bidding. <\/p>\n\n\n\n

Details: $545,000 | 2 bed, 2 bath | 1,022 sq ft | Built 1971 | Sold June 19, 2026 (7 days on market)<\/strong><\/p>\n\n\n\n

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9. 2206-1201 Marinaside Crescent, Vancouver<\/a>: $1,188,000 <\/strong>(+19%)<\/h2>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n

This large, 22nd-floor, two-bedroom condo in Yaletown has amazing views of False Creek and the marina from three sides. The kitchen and bathroom could use a refresh, but the building has great amenities and is in a truly world-class location. It was listed at $998K and sold at 19% above that price after just two days. <\/p>\n\n\n\n

Details: $1,188,000 | 2 bed, 2 bath | 1,165 sq ft | Built 1997 | Sold June 11, 2026 (2 days on market)<\/strong><\/p>\n\n\n\n

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10. 606-4168 Lougheed Highway, Burnaby<\/a>: $800,000 <\/strong>(+14.4%)<\/h2>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n

The newest of the homes on this list, we’re not sure if this 2024-built condo in the Gilmore Place development has ever been lived in, or was listed on the MLS by the developer’s agent. Either way, it’s as-new, with a chic kitchen with island, two bedrooms, including a primary bedroom with a walk-thru closet and a five-piece ensuite, as well as 200-square-foot covered deck. The pet-friendly new development has impressive amenities, with indoor and outdoor swimming pools, basketball court, bowling alley, golf simulator, piano room, movie room, resident lounges, creative studios, guest suites, and outdoor BBQ areas.<\/p>\n\n\n\n

Details: $800,000 | 2 bed, 2 bath | 947 sq ft | Built 2024 | Sold June 22, 2026 (11 days on market)<\/strong><\/p>\n\n\n\n

\n\n\n \n <\/svg><\/span>\n \n Browse homes for sale near you<\/span>\n Updated continuously from MLS feeds across Canada \u2014 filter for your price range and home specifications<\/span>\n <\/span>\n \n \n <\/svg>\n <\/a>\n \n","protected":false},"excerpt":{"rendered":"

Most coverage of Metro Vancouver real estate this year has focused on softening prices, and the sales figures support that reading. 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She has a background as brand\/marketing communications and content leader, and former editorial director and broadcaster, with more than two decades of experience in Vancouver and London, UK. She specializes in crafting compelling brand stories, content, and PR strategies that drive engagement and raise awareness. She has also led conference panels, presented TV and radio shows, and had several novels published. 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