October 2025

Nov. 4, 2025

A Steady and Measured Market on the North Shore

October continued a quieter trend experienced through much of the year, with sales softening in North Vancouver and holding steady in West Vancouver compared to last year. Another Bank of Canada rate cut provided some relief for buyers, but so far, the impact on overall demand has been limited. The pace of the market remains driven more by individual motivation than by broader economic shifts, as many buyers and sellers take a measured approach.

While activity picked up slightly from September, overall conditions remain subdued. Elevated inventory levels across both North and West Vancouver are giving buyers ample choice, even as new listings begin to taper with the approaching year end. Detached homes continue to anchor most of the market activity, while the condo and townhouse segments are seeing more selective demand as buyers take time to weigh their options.

Across the region, Metro Vancouver is experiencing a similar pattern — slower sales, higher inventory, and pricing that has held relatively steady through the fall. On the North Shore, those same factors are at play, creating a balanced environment where buyers have room to be selective and sellers are adapting to a more thoughtful pace of negotiations.

As the year winds down, the North Shore market is following its typical seasonal rhythm, though at a slower pace than typical for this time of year. Listings are expected to ease through the remainder of the fall, and activity will likely stay muted until the new year. For now, conditions remain stable but subdued, a measured close to what has been a consistently cautious year for local real estate. 

October 2025 Market Stats Review

In North Vancouver, 191 sales were reported in October, up 20.8% from September, though down 15.1% from last year and 20.1% below the 10-year average. 

New listings were down 10.4% year-over-year, while total inventory rose 10.2%, ending the month with 982 homes for sale – 35.7% above the 10-year average.

For all property types, the October 2025 sales-to-active listing ratio was 19.4%.

By property type, the October ratios were: 20.3% for detached houses, 24.3% for townhomes, and 17.4% for apartments.

By price range, the October ratios were:

In West Vancouver, 58 sales were reported, up 13.7% from September and level from last October, though still 16.7% below the 10-year average for October.

New listings increased 5.8% compared to last year, while total inventory is up 2.2%, ending the month with 737 homes for sale — 14.2% above the 10-year average.

For all property types, the October 2025 sales-to-active listing ratio was 7.9%.

By property type, the October ratios were: 7.4% for detached houses, 2.4 for townhomes, and 13.6% for apartments.

By price range, the October ratios were:

Sales. 

Explore all North Shore sales as soon as they’re reported, plus access our full database of sold real estate listings:

North Vancouver Sales >>    |    West Vancouver Sales >>

Planning a move Now or in the New Year?  We’d be happy to meet and discuss your home, plans, and the market. Reach us at 604.983.2518, through the form on this page, or visit us at our office 110 East 1st Street, North Vancouver.

Never miss our North Shore market reviews. Subscribe at the link below.

Subscribe

October 2025 Listing & Sales Stats 

North Vancouver 

West Vancouver