Capilano, Burnaby - October 2026 Real Estate Report
Capilano Real Estate Check-In: What Your Neighbour Probably Doesn't Know Yet
The Vibe Right Now
If you've been watching the "For Sale" signs in Capilano, here's what's actually happening. The market is taking a breather on the house side, while condos are quietly picking up steam. These two stories are running in the same neighbourhood at the same time - and which one applies to you depends entirely on what you own.
Houses: Holding Steady, But Watch the Trend
We saw 2 house sales last month, with an average sale price of $2,210,000 and a price per square foot sitting at $1,569. Those numbers look solid on the surface. But here's the honest read: the HonestDoor predicted market value for houses is $2,317,775, and that number is drifting down - it's off from the 3-month moving average of $2,333,533, with a recent value change of -0.35%.
On the neighbourhood leaderboard, Capilano houses rank 28 out of 53 neighbourhoods in North Vancouver for growth. That puts us in below-average territory for momentum right now. The silver lining? We rank 11 out of 47 for price - meaning this is still an expensive, in-demand area. It's just not leading the charge on appreciation at this moment.
- Average sale price: $2,210,000
- Price per square foot: $1,569
- HonestDoor predicted value: $2,317,775
- 3-month moving average: $2,333,533
- Recent value change: -0.35%
- Estimated monthly rent: $7,632
- Rental yield: 3.59%
- Growth rank: 28 out of 53 in North Vancouver
- Price rank: 11 out of 47 in North Vancouver
Condos: The Quiet Outperformer
This is where it gets interesting for us condo owners. The average sale price hit $1,000,000 with a price per square foot of $866. But the HonestDoor predicted value is $1,222,693 - and unlike houses, that number is actually climbing above the 3-month moving average of $1,219,275. Recent value change is up 0.88%. That's a market moving in the right direction.
On the leaderboard, Capilano condos rank 9 out of 48 neighbourhoods in North Vancouver for growth. That puts us in the top performers category. For price, we rank 3 out of 21 - meaning we're among the most expensive condo markets in the city. Compare that to nearby Highlands, where the predicted value sits at $1,028,264, and you can see why Capilano condos hold their ground.
- Average sale price: $1,000,000
- Price per square foot: $866
- HonestDoor predicted value: $1,222,693
- 3-month moving average: $1,219,275
- Recent value change: +0.88%
- Estimated monthly rent: $4,792
- Rental yield: 2.57%
- Growth rank: 9 out of 48 in North Vancouver - top performers
- Price rank: 3 out of 21 in North Vancouver
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing most homeowners don't realize. Your BC Assessment is a snapshot frozen in time - it reflects market conditions from July 1st of the previous year. A lot can shift in 12 months. The HonestDoor Price updates in real time, pulling in current sales data to give you a live read on what your home is actually worth today.
For Capilano house owners, that gap matters. Your assessment might look one way, but the HonestDoor predicted value of $2,317,775 is the number that reflects what a buyer would actually put on the table right now. For condo owners, with values trending up and a predicted value of $1,222,693, knowing your real-world number could mean the difference between pricing your home right and leaving money on the table.
Don't wait for next year's assessment to tell you what your home is worth. Check your HonestDoor Price now - it's the real-world check that your tax notice simply can't give you.
The So What - Should You Sell This Summer?
For house sellers, the honest answer is: timing matters more than it did a year ago. With values dipping slightly and growth ranking in the bottom half of the city, this is not a moment to sit back and assume the market will do the work for you. Price it sharp, price it right, and move with purpose. Buyers in this price range are paying attention.
For condo sellers, the window looks better. You're in a top-10 growth neighbourhood, values are ticking up, and you're sitting in one of the priciest condo markets in North Vancouver. If you've been thinking about it, this summer is a reasonable time to act - before the seasonal slowdown hits in the fall.
Either way, start with your HonestDoor Price. Know your number before you call an agent, not after.
capilano | burnaby | october 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.