Capilano, North Vancouver - September 2026 Real Estate Report

Capilano, North Vancouver: Your Home Is Worth More Than the City Thinks

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. Values are nudging down slightly, sales volume is thin, and growth is sitting near the bottom of the North Vancouver leaderboard. But here's the thing - Capilano is still one of the pricier addresses in the city, and that gap between what the government says your home is worth and what it's actually worth in the real world is significant.

Houses: Steady at the Top, But Watch the Trend

We're in a slow patch for house sales. Only 2 properties changed hands in 2026, and the average sale price sits at $2,210,000 - roughly $1,569 per square foot. That's a strong number, but the direction matters. The predicted market value of $2,325,868 is sliding below the 3-month moving average of $2,361,135, and recent values have dipped 1.32%. That's not a crash - it's a signal to pay attention.

• Average sale price: $2,210,000
• Price per square foot: $1,569
• Predicted market value: $2,325,868
• 3-month moving average: $2,361,135
• Recent value change: -1.32%
• Estimated monthly rent: $7,680
• Rental yield: 3.58%
• Growth rank: 50 out of 52 neighbourhoods in North Vancouver
• Price rank: 12 out of 46 neighbourhoods - well above average

That growth rank is the honest part. On the North Vancouver neighbourhood leaderboard, Capilano houses rank 50th out of 52 for growth right now. Nearby Westhill and Highlands are also slowing down, so we're not alone - but it's worth knowing where we stand. The good news is that on price, we're sitting comfortably in the top quarter of the city.

Condos: A Different Story - and a Better One

Condos in Capilano are actually showing some life. The HonestDoor Price jumped 5.32% from the previous period, landing at $1,381,377. Sales are thin - just 1 transaction - but the predicted value of $1,212,059 is creeping up past the 3-month moving average of $1,209,853. That's a small but meaningful reversal from the house trend.

• Average sale price: $1,000,000
• Price per square foot: $866
• HonestDoor Price: $1,381,377 (up 5.32%)
• Predicted market value: $1,212,059
• 3-month moving average: $1,209,853
• Recent value change: -0.90%
• Estimated monthly rent: $4,766
• Rental yield: 2.58%
• Growth rank: 19 out of 48 neighbourhoods - above average in North Vancouver
• Price rank: 3 out of 21 neighbourhoods - among the most expensive in North Vancouver

On the neighbourhood leaderboard, Capilano condos rank 19th out of 48 for growth - that puts us solidly above average. And at 3rd most expensive out of 21 comparable neighbourhoods, we're in rare company. Compare that to nearby Highlands condos sitting at a predicted $1,023,389, and the premium for a Capilano address is clear.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here's why this matters right now. BC Assessment looks at your home once a year using data that's already months old by the time it lands in your mailbox. For houses in Capilano, the average assessed value is $2,265,010. The average HonestDoor Price is $2,317,775 - that's $52,765 more, and it's updated in real time.

For condo owners, the gap is even bigger. The average assessed value is $1,191,899. The HonestDoor Price is $1,381,377. That's a difference of nearly $190,000 - or 15.90% more than what the city has on file. If you're making any financial decision based on your assessment alone, you're working with an incomplete picture.

The HonestDoor Price is the real-world check. It pulls in current market signals, not last year's snapshot. With 916 houses and 159 condos assessed in the neighbourhood, there's enough data here to give you a sharp, current read on where your property actually stands.

So What Does This Mean If You're Thinking About Selling This Summer?

Straight talk: this is not a seller's market on fire. Transaction volume is low - 2 house sales and 1 condo sale in 2026 so far. Growth is soft. The 3-month trend for houses is pointing down. If you're a house owner waiting for a peak, the data suggests you may have already passed it for this cycle.

That said, Capilano is still one of the most expensive addresses in North Vancouver. Buyers who want in here don't have many options - and that scarcity has value. If your house is well-positioned and priced to the HonestDoor number rather than the assessed value, you have a real argument to make to serious buyers.

For condo owners, the picture is a bit brighter. Values are holding, the HonestDoor Price is up 5.32%, and we rank near the top of the city on price. If you've been sitting on the fence, this summer is worth a serious conversation with your agent - and a look at your HonestDoor Price before you set your number.

Bottom line: don't let a static government assessment be the last word on what your Capilano home is worth. Check your HonestDoor Price, know where you stand on the leaderboard, and make your move with the full picture in hand.

This 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.