Is Gorge Vale a buyer's or seller's market right now?
Gorge Vale is currently a seller's market with 3 months of inventory (MOI). There are 9 active listings and approximately 3 sales in the last 30 days, indicating low inventory favouring sellers. A MOI below 4 indicates a seller's market, 4–6 is balanced, and above 6 is a buyer's market.
What is the median home price in Gorge Vale?
The current median home price in Gorge Vale is $730K. This is up 0.1% compared to the same period last year. This is based on 52 sales over the past 12 months.
How should I price my home in Gorge Vale?
Homes in Gorge Vale are currently selling at 98.5% of their list price, with an average of 34 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 12% sold above list price and 77% sold below.
How long do homes take to sell in Gorge Vale?
Homes in Gorge Vale currently take an average of 34 days to sell, which is at a moderate pace. Pricing, condition, and location all affect individual sale timelines.
What is the price per square foot in Gorge Vale?
The median price per square foot in Gorge Vale is $579. This metric is useful for comparing value across different property sizes and types.
Are homes in Gorge Vale selling above or below assessed value?
Homes in Gorge Vale are selling at an average of 103.0% of their BC Assessment value (based on 7 recent sales). Homes are selling above their BC Assessment values, indicating the assessed values have not kept pace with market demand.
How many homes are selling in Gorge Vale?
In the last 30 days, 3 homes sold in Gorge Vale. Over the past 12 months, 52 properties have sold. There are currently 9 active listings on the market.
Are real estate sales increasing or decreasing in Gorge Vale?
Sales volume in Gorge Vale has been decreasing over the last 3 months: Mar 2026 (4 sales), Apr 2026 (2 sales), May 2026 (3 sales). Over the full 12-month period, there were 52 total sales.
How many homes, condos, and townhomes are for sale in Gorge Vale?
There are currently 9 properties for sale in Gorge Vale, including 3 single family homes, 5 condos. Listings are updated daily from the MLS® system.
What is the single family home market like in Gorge Vale?
The median single family home price in Gorge Vale is $1.15M (-4.4% year-over-year). The single family market is currently a seller's market with 3 months of inventory. Houses take an average of 31 days to sell. The median price per square foot is $641.
What is the condo market like in Gorge Vale?
The median condo price in Gorge Vale is $634K (+0.1% year-over-year). The condo market is currently a seller's market with 3.8 months of inventory. Condos take an average of 36 days to sell. The median price per square foot for condos is $600. There were 25 condo sales in the past 12 months.
What is the townhome market like in Gorge Vale?
The median townhome price in Gorge Vale is $763K (+7.4% year-over-year). Townhomes take an average of 30 days to sell. The median price per square foot is $505. There were 13 townhome sales in the past 12 months.
What homes have recently sold in Gorge Vale and for how much?
There have been 52 homes sold in Gorge Vale over the past 12 months, with 3 selling in the last 30 days. The median sold price is $730K. Recent median sold prices: Mar 2026: $768K, Apr 2026: $1.10M, May 2026: $695K. View all recently sold properties in Gorge Vale with photos, sold prices, and days on market on the 8X Real Estate Gorge Vale page.
What houses have recently sold in Gorge Vale?
11 houses have sold in Gorge Vale over the past 12 months, with 2 selling in the last 30 days. The median sold price for houses is $1.15M (-4.4% year-over-year). Recent median prices: Mar 2026: $1.13M, Apr 2026: $1.10M.
What condos have recently sold in Gorge Vale?
25 condos have sold in Gorge Vale over the past 12 months, with 3 selling in the last 30 days. The median sold price for condos is $634K (+0.1% year-over-year). Recent median prices: Mar 2026: $630K, May 2026: $695K.
What townhomes have recently sold in Gorge Vale?
13 townhomes have sold in Gorge Vale over the past 12 months, with 2 selling in the last 30 days. The median sold price for townhomes is $763K (+7.4% year-over-year). Recent median prices: Feb 2026: $905K, Mar 2026: $768K.
