HonestDoor

    Cedar Village, North Vancouver - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    North Vancouver, Cedar Village

    Cedar Village, North Vancouver: Your Neighbour Just Got a Better Number Than the City Gave Them

    The Vibe Right Now

    If you've been watching the "For Sale" signs in Cedar Village, here's what's actually happening. The market is taking a breather on the house side, but condos are quietly doing something interesting. These two property types are telling very different stories right now, and which one you own matters a lot for what you do next.

    Houses: Steady, Affordable, and Sitting on a Leaderboard Win

    The average house sale price in Cedar Village sits at $1,420,000, with a price per square foot around $629. Transaction volume is thin - only 1 house sold recently - so we're not in a frenzy. The predicted market value for houses is $1,276,987, which is actually pulling back slightly from the 3-month moving average of $1,299,952. Property values have shifted -1.77% recently, so yes, houses are cooling a touch.

    But here's the stat worth paying attention to. On the neighbourhood growth leaderboard, Cedar Village houses rank 15 out of 52 comparable neighbourhoods in North Vancouver. That puts us in above-average territory. And on price? We rank 40 out of 47, meaning Cedar Village is one of the more affordable entry points in the city. That combination - above-average growth momentum with a lower price tag - is exactly what buyers hunting for value are looking for.

    • Average sale price: $1,420,000
    • Price per square foot: $629
    • Predicted market value: $1,276,987
    • 3-month moving average: $1,299,952
    • Recent value change: -1.77%
    • Estimated monthly rent: $4,916
    • Rental yield: 4.34%
    • Growth rank: 15 out of 52 in North Vancouver
    • Price rank: 40 out of 47 (among the most affordable)

    Compare that to our neighbours. Kirkstone, Lower West Lynn, and Upper West Lynn are all priced significantly higher - think $1,779,030 to $1,920,613 on the HonestDoor scale - and all three are growing slower than us. If you own a house in Cedar Village, you're in a pocket that still has room to run compared to the streets next door.

    Condos: The Quiet Outperformer

    This is where Cedar Village gets genuinely interesting. Condo values are moving in the opposite direction from houses right now. The predicted market value for condos is $819,590, and that number is climbing - it's up from the 3-month moving average of $792,545. Recent condo value growth sits at 6.31%, and that earns Cedar Village a growth rank of 7 out of 48 neighbourhoods in North Vancouver. That's top-tier performance.

    The average HonestDoor Price for condos is $806,531, though it has dipped 1.59% from the previous period - so there's a small gap between where the market is trending and where individual estimates sit right now. Worth watching. Rental potential is solid at $3,639 per month estimated, with a yield of 3.20%.

    • Average HonestDoor Price (condos): $806,531
    • Recent HonestDoor change: -1.59%
    • Predicted market value: $819,590
    • 3-month moving average: $792,545
    • Recent value change: +6.31%
    • Estimated monthly rent: $3,639 to $3,679
    • Rental yield: 3.20%
    • Airbnb estimate: $181 per night
    • Growth rank: 7 out of 48 in North Vancouver - top performers

    For context, nearby Upper West Lynn condos average $818,304 and Lower West Lynn sits at $790,200. Cedar Village condos are holding their own in that range, and the growth trajectory is beating most of the competition.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

    Here's the thing about your BC Assessment notice. It reflects a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it's already old news. The market has moved. Rates have shifted. Comparable sales have happened that the assessment never saw.

    The average assessed value for houses in Cedar Village is $1,244,964. The average HonestDoor Price is $1,278,729. That's a gap of roughly $33,765 - and the HonestDoor number is updated in real time using actual market signals, not a once-a-year government calculation. For the 193 properties assessed in Cedar Village this year, that difference isn't just a number on a screen. It's the difference between pricing your home right and leaving money on the table - or scaring buyers off with a number that doesn't reflect reality.

    The HonestDoor Price is the real-world check. Use it.

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

    Straight talk: the timing question depends on what you own.

    If you own a house, the market is not in panic mode, but it is softening slightly. Values are down -1.77% recently and the predicted value is below the 3-month average. That said, Cedar Village is still one of the more affordable neighbourhoods in North Vancouver with above-average growth momentum. Buyers who got priced out of Kirkstone or Upper West Lynn are looking at streets like ours. Listing this summer while inventory stays low could still work in your favour - but price it sharp. Overpriced houses are sitting right now.

    If you own a condo, the picture is more encouraging. A 6.31% recent value change and a top-10 growth ranking in the city means demand is real. The predicted value of $819,590 is ahead of the 3-month average, which signals upward momentum. If you've been on the fence, this summer is worth a serious conversation with your agent.

    Either way, pull your HonestDoor Price before you do anything else. It's free, it's current, and it gives you a number that actually reflects what a buyer would pay today - not what the city thought your home was worth last July.

    • Total transactions in Cedar Village in 2026: 2
    • Transaction rank in North Vancouver: 3 (low volume - a thin market)
    • Neighbourhood year-over-year growth: 0.01%
    • House rental yield: 4.34% - moderate and competitive
    • Condo rental yield: 3.20% - moderate
    • Airbnb rank in North Vancouver (houses): 53 of 53 - short-term rental demand is limited here

    Cedar Village is not a flashy market. It's a steady one with a condo segment that's punching above its weight and a house segment that still offers value compared to everything around it. Know your number. Make your move with real data.

    cedar village | north vancouver | august 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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