Vancouver Townhouse Prices: $1.30M West, $980K East, and Still Selling (October 2026)

The benchmark townhouse on Vancouver's west side is $1,298,500, and on the east side it's $980,400. Both are down from a year ago (−5.5% and −7.9%), according to Greater Vancouver REALTORS® (GVR). But unlike condos, townhouses are still selling: attached sales in Vancouver East are up 4.7% this year and Vancouver West is up 7.9%, while apartment sales across Greater Vancouver are down 12%.

The long view is the other reason townhouses get so much attention. Over ten years the Greater Vancouver townhouse benchmark is up 49.5%. The detached benchmark is up 4.5% over the same ten years.

Below: Vancouver townhouse prices and their 13-month trend, how much cheaper a townhouse is than a house in each part of the region, who is still buying, and what's listed right now in Cambie, Kitsilano, South Granville, Fairview and the rest of the city.

Benchmarks: Greater Vancouver REALTORS®, September 2026 stats package, MLS® Home Price Index. Listings: EstateBlock, October 18, 2026 (asking prices of active listings).

Vancouver townhouse prices, east and west

GVR splits the City of Vancouver into two areas, Vancouver West (which includes downtown) and Vancouver East. Its townhouse benchmark is the MLS® Home Price Index estimate of a typical townhouse sale. One thing to know: GVR's HPI townhouse category doesn't include duplexes, so a strata duplex half isn't in these numbers.

Source: Greater Vancouver REALTORS®, September 2026 stats package, MLS® Home Price Index tables.

The two halves of the city have taken turns falling. The east side is down 7.9% in a year, the steeper of the two, and 13.1% over three years. The west side is down 5.5% in a year but fell 7.1% in just the last six months. Over five years, both are below where they were: −2.4% west and −4.1% east, while the Greater Vancouver townhouse is +6.0%.

The gap between them is $318,100 on the benchmark. Treat that as the rough west-side premium; between individual neighbourhoods it can be much smaller or much bigger, as the listings further down show.

Vancouver West peaked at $1,424,100 in GVR's February 2026 release and has dropped $125,600 since, to $1,298,500. Vancouver East held up into the spring, reaching $1,067,400 in May, then lost $87,000 by September. The Greater Vancouver line is the calm one: $1,069,800 to $1,016,700 in 13 months. With so few townhouse sales in each half of the city, the Vancouver lines are noisier than the regional one, so I'd read the direction, not the month-to-month wiggles.

How much cheaper is a townhouse than a house?

On Vancouver's west side, the benchmark townhouse costs 45% of the benchmark house: $1,298,500 against $2,916,100. That's the biggest discount anywhere in the region, because west-side houses are so expensive. In Vancouver East a townhouse is 60% of a house ($980,400 vs $1,630,500).

Elsewhere the gap varies a lot. Burnaby, Port Moody and South Surrey–White Rock townhouses are around half the price of a house there; in Langley it's 55%. Of the areas charted, Mission (70%), Ladner (72%) and North Delta (73%) have the smallest gaps. That's the practical point for a family weighing a townhouse against a house: in East Vancouver choosing the townhouse saves about $650,100 on the benchmarks, while in Mission the same trade saves $271,200.

Ten years ago, the townhouse was the compromise. Since then it has been the best performer of the three types in Greater Vancouver: up 49.5%, against 36.8% for apartments and 4.5% for houses. My read: a lot of families who couldn't stretch to a house, and didn't want a one-bedroom condo, ended up competing for the same townhouses. Vancouver itself lagged the region here: +22.6% on the west side and +27.9% on the east side over ten years.

Townhouse sales are holding up

Across GVR's area, 3,726 attached homes have sold this year, against 3,760 by this point in 2025 (−0.9%). Apartments are down 12.1% (8,118 vs 9,231). In its September release, GVR's chief economist Andrew Lis said the weakness "is contained to the sizeable apartment segment", with attached and detached sales finishing slightly up from last September, which he described as "consistent with our view that end-users are primarily driving the market, as investor-driven demand awaits more favourable market conditions."

My read: that fits townhouses, where at these prices most buyers are people who plan to live in the home.

Source: Greater Vancouver REALTORS®, September 2026 stats package, MLS® Sales Facts and Listings Facts. Medians move with the mix of homes that sold; the benchmark is the better guide to value.

June was the busiest month in this stretch (85 attached sales on the east side, 72 on the west). September's counts were higher than a year earlier on both sides, but the median sale price was lower: $1,330,000 in Vancouver West, down from $1,545,000, and $1,325,000 in Vancouver East, down from $1,440,000. My read: more sales at lower prices is what a market finding its level looks like. September sales equalled about one in five new attached listings on each side (22% west, 21% east).

Region-wide, GVR's sales-to-active-listings ratio for attached homes was 12.2% in September, just above the 12% line below which, for a sustained period, GVR says prices tend to come under downward pressure, and above detached (9.7%) and apartments (11.4%).

Townhouse prices across Greater Vancouver and the Fraser Valley

Vancouver West is the most expensive townhouse market on this list at $1,298,500, followed by North Vancouver ($1,230,400) and Richmond ($1,025,000). Vancouver East, at $980,400, is now cheaper than Richmond ($1,025,000) and only a few thousand dollars above Coquitlam ($976,600). The cheapest benchmark townhouses are in Abbotsford ($592,600) and Mission ($618,000). The Fraser Valley figures come from the Fraser Valley Real Estate Board, which uses the same MLS® HPI method.

Townhouses for sale in Vancouver right now

These are asking prices of active listings on EstateBlock on October 18, 2026, not sale prices. EstateBlock's Vancouver townhouse page had 524 listings, at a median ask of $1,399,055 and $1,037 a square foot.

Source: EstateBlock.com Vancouver neighbourhood townhouse pages, October 18, 2026 (active listings, asking prices). Neighbourhoods with fewer than 15 townhouse listings are left out; sorted by asking price per square foot.

Cambie has the most townhouses for sale of any Vancouver neighbourhood on EstateBlock (57), at a $1,599,000 median ask. Cambie, Oakridge and South Cambie together have 100 listings, and two of them have been sitting a long time: a median 131 days in South Cambie and 91 in Oakridge. My guess is that's newer townhouse and rowhouse inventory along the Canada Line competing with itself.

The value end is South Marine, along the Fraser River, where 29 townhouses ask a median $899,000, or $649 a square foot. That's 46% less per square foot than Kitsilano ($1,210). Fairview (29 listings, $1,249,000) has the lowest median ask of the west-side neighbourhoods in the table.

Vancouver townhouses ask $1,037 a square foot, the most of any city here. West Vancouver ($972) has only 26 listings. North Vancouver ($837) is the next real market down; I covered it in detail in the North Vancouver market breakdown. Surrey has the most townhouses for sale of any city EstateBlock tracks (947) at $507 a square foot, about half Vancouver's.

What I'd do with this