Vancouver & Burnaby Real Estate Market Update: How Sellers Can Stand Out in a Shifting Market

  • Vancouver detached benchmark price: −3.8% YoY

  • Burnaby average home price: $975,406

  • Metro Vancouver active listings: +17.6% YoY

Vancouver and Burnaby homeowners are navigating a market where inventory levels are rising and prices have softened slightly year-over-year. Detached homes in Vancouver are seeing price adjustments, while Burnaby’s average home value remains just under $1M. With listings climbing, buyers have more choice, which makes strategic pricing and stand out presentation critical.

If you’re considering selling, positioning your home competitively and staging it for maximum appeal can help you capture attention in a crowded market. Acting now ensures you’re ahead of further seasonal inventory build-up, allowing your property to stand out and attract motivated buyers.

To stand out, price with intent: align tightly to the most recent comparable sales, use search thresholds (e.g., list just under major price caps), and pre‑plan adjustments in the first two weeks. Elevate presentation with light-neutral paint, refreshed lighting/hardware, curb appeal, and professional staging. Pair that with scroll‑stopping photography, a measured floor plan + 3D tour, and a clean document package (pre‑inspection for detached; strata docs ready for condos/townhomes) so serious buyers can move quickly.

 

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Posted by Frederick Trudeau on
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