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Posted in MacKenzie Heights, Vancouver West Real Estate
New property listed in MacKenzie Heights, Vancouver West
We have listed a new property at 3221 36th Avenue W in Vancouver.
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This is the family home you've been waiting for! A one owner home lovingly maintained and it shows. Prestine condition and situation in one of Vancouver's most sough after West Side n'hoods. This home offers generous room sizes, a fabulous kitchen / family room area for the family to gather, cross hall living & dining. 4 generous bedrooms up. The lower level is ideal for the kids to spread out. The home has an 8 year roof, newer heat pump for summer cooling and an updated boiler. The back yard is sunny & private w a generous sized rear yard and 2 car garage. Close proximity to public & private schools, parks, shopping and UBC. Viewings are strictly by appt only. No public opens. Drive by and you'll want to put this home on your Must See list.
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Buyers remain hesitant as inventory builds

VANCOUVER, BC – June 3, 2025 – May saw inventory levels across Metro Vancouver* reach another ten-year high, while home sales registered on the MLS® remained muted.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,228 in May 2025, an 18.5 per cent decrease from the 2,733 sales recorded in May 2024. This was 30.5 per cent below the 10-year seasonal average (3,206).

“While there are emerging signs that sales activity might be turning a corner, sales in May were below the ten-year seasonal average, which suggests that some buyers are still sitting on the sidelines or are being especially selective,” said Andrew Lis, GVR’s director of economics and data analytics. “On a year-to-date basis, sales in 2025 rank among the slowest to start the year in the past decade, closely mirroring the trends seen in 2019 and 2020. It’s worth noting that sales rebounded significantly in the latter half of 2020, but whether sales in 2025 might follow a similar pattern remains the million-dollar question.”

There were 6,620 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in May 2025. This represents a 3.9 per cent increase compared to the 6,374 properties listed in May 2024. This was 9.3 per cent above the 10-year seasonal average (6,055).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 17,094, a 25.7 per cent increase compared to May 2024 (13,600). This is 45.9 per cent above the 10-year seasonal average (11,718).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for May 2025 is 13.4 per cent. By property type, the ratio is 10.2 per cent for detached homes, 17.4 per cent for attached, and 14.7 per cent for apartments.

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

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