Where UBC condo and townhouse values are heading, how fast homes are selling, and how leasehold compares with the rest of the Westside. Updated monthly from Greater Vancouver REALTORS® data.
UBC campus · Photo: Billy Xue / Unsplash
Hover or tap any chart to read a specific month.
MLS® Home Price Index, monthly · last 3 years
The benchmark price is GVR's estimate of what a typical home of each type would sell for that month. It adjusts for the mix of homes that happened to sell, so it moves more steadily than an average or median sale price. Each type gets its own scale so you can see how each one is moving.
Rolling 12 months · last 3 years
Of the homes listed for sale, what share sold. At 10%, about one in ten listings sold in a typical month. Flip it and you get months of inventory: at 10%, it would take about ten months to sell everything listed if nothing new came on. Higher means a busier market with more pressure on buyers; lower means more choice and more room to negotiate.
Each point averages the previous 12 months, which smooths out one-off swings in a small market like UBC.
Median listing-to-contract days · rolling 12 months
How long a typical home took to get an accepted offer, counted from the day it was listed. Half of homes sold faster than this number and half took longer. Rising days mean buyers are taking their time.
Median % of original list price · rolling 12 months
What a typical home sold for, compared with the price it was first listed at, including any price reductions along the way. 100% means it sold at the original asking price; 96% means it sold 4% below.
UBC condos are prepaid leasehold. Vancouver West condos are freehold. For two decades, their values per square foot have moved closely together.
Median price per square foot · rolling 12 months
Price per square foot is the most useful way to compare condo values across buildings of different sizes. Each point is the median over the previous 12 months. UBC has traded slightly below and slightly above Vancouver West at different times, but the two have not drifted apart.
