Riley Park townhouses: what they cost in July 2026
$1.09M
Townhouses in Riley Park benchmark at $1.09M as of July 2026, 5.9% above the Metro Vancouver townhouse benchmark of $1.03M. The benchmark is down 8.2% over the past year and down 5.1% over the past month. The region as a whole moved -6.0% over the same year, so Riley Park townhouses have softened 2.2 points faster than the market. Of the 19 Vancouver neighbourhoods with a published townhouse benchmark, Riley Park ranks 14 of 19.
Source: Greater Vancouver REALTORS® • MLS® HPI Benchmark Summary • July 2026 · GVR sub-area “Main”
What this means if you are looking here
Townhouses land in the middle of Riley Park's range, between $948K and $1.99M. That middle is often the most competitive part of a neighbourhood, because it is where two sets of buyers meet: people moving up from a condo and people who have decided a house is more than they want to maintain.
It is down 8.2% over the year against 6% for the region, so Riley Park has softened faster than the wider market. It came off another 5.1% just in the last month. I would rather tell you that plainly than let you find it out later. For a buyer, $1.09M is a better entry than it would have been a year ago. For an owner thinking about selling, it means pricing to today rather than to what a neighbour achieved eighteen months ago.
Townhouses are the thinnest slice of the Vancouver market, and Riley Park’s $1.09M benchmark moves on relatively few sales — so treat month-to-month wobbles as noise rather than signal. The practical consequence is that when the right one comes up in Riley Park, there often is not a second option to compare it against. That is worth knowing before you are standing in one deciding in an afternoon.
Townhouse listings in Riley Park come up rarely enough that it helps to be ready before one does. If you want to talk through what $1.09M realistically buys here, or what yours is worth now, just ask. No obligation, and I will tell you if I think you should wait.
— Aparna Kapur, Real Estate Agent with Oakwyn Realty Ltd.
How it compares with the rest of the region
| Benchmark | Price | 1 year | 1 month |
|---|---|---|---|
| Riley Park townhouses | $1.09M | -8.2% | -5.1% |
| Metro Vancouver townhouse | $1.03M | -6.0% | -1.5% |
Riley Park ranks 14 of 19 Vancouver neighbourhoods with a published townhouse benchmark, with 5 areas priced below it.
Neighbourhoods at a similar price
- Downtown townhouses — $1.08M (-1.2% vs Riley Park)
- Fairview townhouses — $1.11M (+1.5% vs Riley Park)
- Mount Pleasant townhouses — $1.06M (-2.6% vs Riley Park)
- West End townhouses — $1.13M (+3.6% vs Riley Park)
Other property types in Riley Park
- Riley Park houses — $1.99M
- Riley Park condos — $948K
What you get in Riley Park
Creative Energy & Community Spirit. Walk Score 82, Transit Score 75.
- Nat Bailey Stadium neighbourhood
- Hillcrest Community Centre & pool
- Main Street proximity
- Strong community feel
Questions people ask
How much does a townhouse cost in Riley Park?
The MLS® HPI benchmark for townhouses in Riley Park is $1.09M as of July 2026. The benchmark describes a typical property of that type in the area, so an individual home can sit well above or below it depending on size, condition, outlook, and lot.
Are Riley Park townhouses going up or down in price?
Down 8.2% over the past year and down 5.1% over the past month, on the July 2026 release. Metro Vancouver townhouse moved -6.0% over the same year.
Is Riley Park expensive for townhouses compared with the rest of Vancouver?
Riley Park sits +5.9% against the Metro Vancouver townhouse benchmark, and ranks 14 of 19 neighbourhoods with a published benchmark for this type. The closest on price are Downtown, Fairview, Mount Pleasant.
What is a benchmark price, and is it the same as an appraisal?
No — a benchmark is not an appraisal. The MLS® Home Price Index models a typical property for an area and property type, which makes it a good way to track a market over time, but it values no particular home. For that you need a comparative market analysis on the actual property, which Aparna provides at no cost.
Want the number for an actual property?
A benchmark tracks a market; it does not value a home. A comparative market analysis looks at the specific property — its size, condition, outlook, and what comparable homes actually sold for. Aparna Kapur prepares one at no cost and no obligation.
Aparna Kapur, Real Estate Agent licensed in British Columbia, Oakwyn Realty Ltd., 3195 Oak Street, Vancouver, BC V6H 2L2, Canada. 604-612-7694. Benchmark figures are Greater Vancouver REALTORS® MLS® Home Price Index values for the Main sub-area, July 2026, and are not an appraisal of any specific property. MLS® and REALTOR® are trademarks owned by the Canadian Real Estate Association.