What the Spring 2025 Market Means for Buyers & Sellers in Greater Vancouver
Spring is here, and the Greater Vancouver real estate market is already gaining serious momentum.
With interest rates expected to decline and buyer activity picking up, this season could be a golden window of opportunity — whether you’re looking to buy, sell, or invest.
Here’s what you need to know based on the latest market data and what we’re seeing on the ground:
Market Momentum Is Building
As of February 2025:
• The MLS® Home Price Index shows a 2.1% increase in benchmark prices month-over-month across the region.
• The sales-to-active listings ratio sits at 23.7% — a clear indicator of a seller’s market.
• Detached homes: 19.5%
• Townhomes: 28.1%
• Condos: 25.4%
• Days on market dropped to an average of just 17 days, down from 25 the month before.
• Inventory remains low, especially for move-in-ready homes and well-priced listings in high-demand neighborhoods.
What This Means for Sellers
If you’re thinking of selling, the timing couldn’t be better:
• Low inventory means less competition.
• Buyer confidence is rising, and we’re seeing multiple offers return on well-prepared listings.
• Proper pricing and presentation are key — staged, marketed homes are selling faster and for stronger prices.
Listing earlier in the spring gives you a chance to stand out before the flood of new inventory hits in late April and May.
What This Means for Buyers
The good news: you’re entering a market with more selection than last fall and interest rate cuts expected mid-year.
But don’t wait too long:
• When rates drop, competition will rise — especially in the under-$1.5M market.
• Getting pre-approved now gives you a chance to negotiate before bidding wars return in full force.
• We’re seeing great value in areas like East Vancouver, Brentwood, Surrey Central, and Abbotsford.
Bottom Line
This spring is all about timing and strategy.
If you’re a seller, now is the moment to prepare and capitalize on rising demand.
If you’re a buyer, there’s a short-term window before rate cuts trigger more competition.
As a top 1% team with deep market experience and construction knowledge, we’re here to help you make the smartest move — whether that’s buying, selling, or investing.
Let’s connect for a custom strategy that fits your goals and the current market.
Imran Ali
The Ali Group
📧 [email protected]
📞 604-616-555
