Photo: Xicotencatl · CC BY-SA 4.0Expensive homes pull Kitsilano’s average 47% above the middle
A median of $900,000 and a mean of $1,321,853: that is how owners valued their homes in 2021. Statistics Canada counted 10,140 buyers in 2023, paying a median $1,100,000. For sale prices, assessed values, values by property type and building permits, the only official count covers all of the city of Vancouver, Kitsilano included.
Three ways to price a home in Kitsilano
Each source sits beside its own median for British Columbia’s towns; none compares across provinces, which value homes in their own ways. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ.
median, owners’ estimate
- Average
- $1.32M
- Owners
- 6,055
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $1.47M
- ÷ buyers’ income
- 6.5×
- Buyers
- 10,140
- British Columbia’s towns
- $682K
all residential
- British Columbia’s towns
- $671K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Vancouver’s detached houses are assessed at 3.4 times the median of British Columbia’s towns
The 2024 assessment roll counts 203,470 homes in Vancouver, condos 52% of them.
Median assessment by type, 2024 the tick is the median of British Columbia’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.
Apartments are 87% of Kitsilano’s homes, against 12% for British Columbia’s towns
At the 2021 census, Kitsilano had 15,595 homes with someone living in them. The older half dates from before 1981. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Kitsilano | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 43% | 10% | 8% |
| Needing major repairs | 8% | 6% | 6% |
| Too small for the household | 6% | 4% | 3% |
| Households in core housing need | 19% | 10% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
19 new homes a year per 1,000 in Vancouver: in step with British Columbia’s towns (18.1)
Over 2018–2023, 36,663 homes were permitted in Vancouver, close to 6,111 each year. Multi-unit buildings took most: single-unit ones were just 9%, where British Columbia’s towns built 27%.
Most in 2022: 8,052 new homes
New homes a year per 1,000 homes
Slowing: 26,358 new homes in the 12 months to August 2026, 11% fewer
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021. · Monthly permits: one figure for all of the Vancouver metro area
Kitsilano is 25% above the $720,000 median of British Columbia’s towns
254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Kitsilano: Davie Village, Granville Entertainment District and West End
The places around Kitsilano at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Kitsilano | $900K | $1.32M | 39% | |
| Greektown | $2M | $2.14M | 49% | 1.7 |
| Fairview | $900K | $1.03M | 41% | 1.7 |
| Davie Village | $750K | $969K | 16% | 2.1 |
| Granville Entertainment District | $800K | $1.11M | 34% | 2.4 |
| Arbutus Ridge | $3M | $2.79M | 60% | 2.4 |
| West End | $750K | $970K | 20% | 2.6 |
Census 2021 values; km.
Questions about property prices in Kitsilano
How many households in Kitsilano are in core housing need?
Statistics Canada puts 19% of Kitsilano’s households in core housing need, a higher share than the 10% of British Columbia’s towns.
Is Kitsilano expensive for British Columbia?
Yes: Kitsilano’s census median is above the $720,000 of British Columbia’s towns.
Can I see individual sales or prices by street?
No. Sales are published as town figures (median, average, buyers); street-level or single sales aren’t released.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).