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D−Cost of living Grade
Property prices in West Point Grey · Census 2021 and Statistics Canada

West Point Grey’s home values run 4.1 times those of the middle of British Columbia’s towns

At the 2021 census the median home was worth $2,920,000, where British Columbia’s towns sit at $720,000. The median sale in 2023 was $1,100,000, across 10,140 buyers. Behind sale prices, assessed values, values by property type and building permits sits data gathered across the city of Vancouver, with West Point Grey one part of it.

Median home value
$2.92M
owners’ estimate, census 2021
average $3.47M
Median sale price
$1.1M
CHSP, 2023
Median assessed value
$1.39M
all residential, 2024
New homes a year
6,111
permits, 2018–2023
19 per 1,000 homes
What homes are worth

What West Point Grey’s homes are worth, three ways

Every figure here is compared within the province, against British Columbia’s towns, since each province assesses on its own terms. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices.

Census 2021$2.92M

median, owners’ estimate

Average
$3.47M
Owners
3,375
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$1.1M

median sale, wider area

Average sale
$1.47M
÷ buyers’ income
6.5×
Buyers
10,140
British Columbia’s towns
$682K
Assessed, 2024$1.39M

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).

By type of home

On the assessment roll, Vancouver’s houses sit at 3.4 times British Columbia’s towns

Assessors listed 203,470 residential properties in Vancouver for 2024, 52% of them condos.

Assessed value

Median assessment by type, 2024 the tick is the median of British Columbia’s towns

Detached houses$2.56M
Semi-detached$1.63M
Row houses$1.28M
Condos$773K
Multi-unit properties$2.18M
The mix of properties
Condos52%
Multi-unit properties21%
Detached houses19%
Row houses6%
Semi-detached3%
2,470 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
763 sq ft
living area of the median condo
65%
of properties lived in by their owner

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.

The homes

37% of West Point Grey’s homes predate 1961, against 11% for British Columbia’s towns

West Point Grey had 5,660 occupied homes at the 2021 census, 44% of them single-detached houses. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.

When they were built

Homes by period of construction the tick is the median of British Columbia’s towns

Before 196137%
1961–198020%
1981–200021%
2001–201516%
2016–20215%
What kind of home

Homes by kind

Single-detached houses44%
Semi-detached houses1%
Row houses1%
Flats in a duplex24%
Apartments, under 5 storeys23%
Apartments, 5+ storeys7%
Movable dwellingsunder 1%
Against the median town of the province and of Canada
West Point GreyBritish ColumbiaCanada
Condominiums13%10%8%
Needing major repairs6%6%6%
Too small for the household3%4%3%
Households in core housing need13%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.

New homes

Building at the pace of British Columbia’s towns: 19 new homes a year per 1,000 in Vancouver, against 18.1

Building permits added 36,663 homes in Vancouver between 2018 and 2023: some 6,111 a year. Only 9% went into single-unit buildings, beside 27% for British Columbia’s towns.

Permits by year, 2018–2023

A peak in 2022: 8,052 new homes

Single-unit buildingsTwo or more units
02,0004,0006,0008,00010,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Vancouver19
British Columbia’s towns18.1
The typical Canadian town13.8
$2,094M
of new residential construction a year, 2019–2023
The metro area

Slowing: 26,358 new homes in the 12 months to August 2026, 11% fewer

010,00020,00030,00040,00020212022202320242025

Measured across the Vancouver metro area: monthly permits

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.

Across British Columbia

West Point Grey against British Columbia’s towns: 306% over the $720,000 median

The census values of British Columbia’s towns, 254 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to West Point Grey: Greektown, Electoral Area A, Metro Vancouver and Kitsilano

Next to West Point Grey: 2021 census values and the share of owners.

GreektownDunbar-SouthlandsElectoral Area A, Metro VancouverArbutus RidgeKitsilanoMusqueam 2GreektownDunbar-SouthlandsElectoral Area A, Metro VancouverArbutus RidgeKitsilanoMusqueam 2West Point Grey
Prices next door
TownMedian home valueAverageOwnerskm
West Point Grey$2.92M$3.47M60%
Greektown$2M$2.14M49%1.8
Dunbar-Southlands$3M$3.33M73%2.4
Electoral Area A, Metro Vancouver$1.1M$1.79M43%2.5
Arbutus Ridge$3M$2.79M60%3.5
Kitsilano$900K$1.32M39%3.5
Musqueam 2––50%3.8

Census 2021 values; km.

Questions about property prices in West Point Grey

Is West Point Grey expensive for British Columbia?

On census values, West Point Grey ranks among the dearer of British Columbia’s towns (median $720,000).

How many households in West Point Grey are in core housing need?

Statistics Canada puts 13% of West Point Grey’s households in core housing need, a higher share than the 10% of British Columbia’s towns.

Can I see individual sales or prices by street?

No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.

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).