Cedar Village, North Vancouver - July 2026 Real Estate Report

Cedar Village, North Vancouver: Here's What Your Home Is Actually Worth Right Now

If you've been glancing at your last property tax assessment and feeling pretty good about it, hold on. The real numbers tell a more interesting story - and for Cedar Village homeowners, the gap between what the city thinks your place is worth and what the market actually says is worth paying attention to.

The Vibe: What's Happening on Our Streets

Cedar Village is quiet right now - and we mean that literally. One house sold in 2026 so far. That's a thin market, which means every single sale carries a lot of weight. Here's the honest breakdown for houses and condos.

Houses in Cedar Village

If you own a house here, the city's assessment pegs the average at $1,244,964. But the HonestDoor Price - which pulls from real-time market signals, not a once-a-year government snapshot - puts the average at $1,276,987. That's 2.57% higher than what your assessment says. For a lot of us, that's a real difference in net worth that the tax roll isn't capturing.

That said, the market is taking a breather. The HonestDoor Price has dipped 1.77% from the previous period, and the predicted market value of $1,300,019 is sliding below the 3-month moving average of $1,323,289. Property values are down about 1.73% recently. This isn't a crash - it's a slowdown. But it's real, and sellers should know it going in.

• Average assessed value: $1,244,964
• Average HonestDoor Price: $1,276,987 (down 1.77% from last period)
• Predicted market value: $1,300,019
• 3-month moving average: $1,323,289
• Average sale price: $1,015,000
• Price per square foot: $574
• Estimated monthly rent: $4,970
• Rental yield: 4.32%
• Airbnb estimate: $244 per night
• Properties assessed this year: 193
• Transactions in 2026: 1

On the neighbourhood leaderboard, Cedar Village houses rank 49 out of 54 for growth in North Vancouver. That puts us near the bottom of the pack. For price, we rank 44 out of 47 - which actually means we're one of the more affordable options in the city. Depending on what you're trying to do, that's either a concern or an opportunity.

Compare that to our neighbours: Kirkstone houses average $1,939,164, Upper West Lynn sits at $1,893,120, and Lower West Lynn comes in at $1,789,489. All three are growing slower than us - or about the same - but they're priced significantly higher. Cedar Village is the entry point into this pocket of North Van.

Condos in Cedar Village

The condo story here is actually more encouraging. The HonestDoor Price for condos jumped 6.31% from the previous period, landing at $819,590. The predicted market value is $770,932, which is nudging upward past the 3-month moving average of $769,023. That's a positive signal in a market that isn't exactly firing on all cylinders right now.

• Average HonestDoor Price: $819,590 (up 6.31% from last period)
• Predicted market value: $770,932
• 3-month moving average: $769,023
• Estimated monthly rent: $3,530
• Rental yield: 3.30%
• Airbnb estimate: $183 per night

On the condo leaderboard, Cedar Village ranks 37 out of 48 for growth - below average, but not at the bottom. And compared to nearby condos, we're holding our own. Lower West Lynn condos average $743,900 and Kirkstone sits at $634,061. Cedar Village condos at $770,932 are priced above both of those, which tells you buyers are paying a premium to be here specifically.

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

Here's the thing about BC property assessments - they're a snapshot from July 1 of the previous year. By the time that number lands in your mailbox, it's already stale. The market has moved. Rates have shifted. Comparable sales have happened that the assessment never saw.

The HonestDoor Price updates in real time. For Cedar Village houses, it's already showing a $32,023 premium over the assessed value. That's not a rounding error - that's real money. If you're making any decision about selling, refinancing, or even just understanding your equity position, the HonestDoor Price is the number to start with. Think of the assessment as the city's best guess from last year. The HonestDoor Price is what the market is saying today.

The "So What?" - Thinking About Selling This Summer?

Straight talk: this is not a seller's market in Cedar Village right now. One transaction in 2026, a growth rank near the bottom of North Vancouver, and a predicted value that's trending below its recent average - those are the facts. Buyers have options, and they know it.

But here's the flip side. Cedar Village is genuinely one of the most affordable entry points in this corner of North Vancouver. Kirkstone, Upper West Lynn, and Lower West Lynn are all priced $500,000 to $900,000 higher for houses. Buyers who want this area but can't stretch to those neighbourhoods are going to land here. That's your audience this summer.

If you're a house seller, price sharp and price with the HonestDoor Price as your anchor - not the assessment. The gap between $1,015,000 in actual sales and $1,276,987 in estimated value suggests there's room to negotiate, but also room to leave money on the table if you're not paying attention. Get the number right from day one.

If you own a condo and have been sitting on the fence, the 6.31% jump in the HonestDoor Price is worth a conversation. That kind of move in a slow market is a signal. It may not last. Summer inventory tends to rise, and more competition means more pressure on price. If selling is on your radar, sooner beats later.

Bottom line: Cedar Village is affordable, it's steady, and it's surrounded by neighbourhoods that cost a lot more. That's a real selling point. Use it.

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.