2025 delivered gains over 2024
2025 closed with the average sale price LTM (last twelve months) up 6.8 per cent compared to LTM 2024. The number of sales (LTM) exceeded 2024 by 8 (59 vs 51), and dollar volume of sales LTM was $96,402,500, up 23.6 per cent over the same period in 2024.
Total inventory LTM continued to outpace uptake by buyers, with Inventory up 12.0 per cent from 2024, and the Average Number of Days on Market LTM up 23.3 per cent over 2024.
Downward pressure on prices is expected to continue as the buyers’ market continues. The Benchmark or MLS® Home Price Index was down -1.5 per cent LTM from 2024.
What sold in 2025?
- The average sale on Bowen was a 2,412 square foot, 2-storey, 41-year-old home with 3-bedrooms, 3 bathrooms, and 1 kitchen home on a 1-acre lot.
- The largest home sold was a 35-year-old, 6,041 square feet home with 5 bedrooms and 6 bathrooms on a 9.8-acre site.
- The smallest home sold was a 77-year-old, 802 square foot home with 2 bedrooms and 1 bathroom on 0.2 acres.
- Sold prices averaged -4.4 per cent below the list price and 4.0 per cent above the BC Assessment.
- The range of sold price vs BC Assessment ranged from -26.6 per cent below assessment to 97.9 per cent above assessment.
Entering 2026 it remains important for sellers to price their home strategically and realistically as the year promises to be somewhat volatile given the economic and political unknowns going forward.
DECEMBER 2025 DETACHED HOMES
SALE PRICE vs LIST PRICE
Low $650,000 $729,800
High $3,800,000 $3,980,000
Average Sale in December $1,633,941
Median Sale in December $1,425,000
STATS ON BOWEN is published monthly once all data for the previous month has been received.
Timothy Rhodes, REALTOR®
Source: https://statscentre.gvrealtors.ca/stats/market, collected January 22, 2026
Context/disclaimers: Based on MLS‑registered sales in the Lower Mainland, Jan 2022–Dec 2025; residential properties only.
Average values are based on reported MLS sales and may not reflect all transactions.For general market insight only, not financial advice.
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