Cranbrook Hill, Prince George - August 2026 Real Estate Report

Cranbrook Hill Is Holding Its Ground - And Then Some

If you own a home in Cranbrook Hill, you are sitting at the top of the Prince George real estate leaderboard right now. Not figuratively - literally. This neighbourhood ranks number one in Prince George for average assessed value. Here is what the numbers are actually telling us, and why it matters for your wallet this summer.

The Vibe: Houses Are Steady, Condos Are Climbing

Let us break it down by property type, because the story is different depending on what you own.

Houses

Our houses are holding strong. The average HonestDoor Price sits at $703,852 - up 0.76% from the previous period. The 3-month moving average is $700,979, and the current predicted value of $699,511 is tracking just slightly below that. Think of it as the market catching its breath after a steady run, not falling off a cliff.

• Average HonestDoor Price: $703,852
• Recent price change: up 0.76%
• Predicted market value: $699,511
• Average assessed value: $699,031
• Neighbourhood growth rank: 5 out of 31 in Prince George
• Average rental estimate: $3,241 per month
• Rental yield: 5.25% - that is a strong return
• Airbnb estimate: $161 per night - ranked number 1 in Prince George for short-term rental potential
• Total properties assessed: 1,144

That growth rank is worth pausing on. Top 5 out of 31 neighbourhoods means we are consistently outperforming most of Prince George. Compare that to nearby Heritage (growing at 0.02%), West Bowl (0.02%), and East Central Fort George (actually shrinking at -0.04%). Cranbrook Hill is the clear frontrunner in this corner of the city.

Condos

The condo picture is more interesting. The average HonestDoor Price dropped 7.59% to $374,021 - that is a notable dip and worth watching. But here is the flip side: the predicted market value is $404,738, which is actually up from the 3-month moving average of $403,124. Recent price change is 4.40% in the positive direction. So while the HonestDoor average pulled back, the forward-looking signal is pointing up.

• Average HonestDoor Price: $374,021 (down 7.59% from previous period)
• Predicted market value: $404,738
• 3-month moving average: $403,124 - trending upward
• Recent price change: up 4.40%
• Condo growth rank: 3 out of 28 in Prince George
• Average rental estimate: $1,966 per month
• Rental yield: 4.02% - moderate but respectable
• Airbnb estimate: $97 per night

Ranking 3rd out of 28 neighbourhoods for condo growth puts Cranbrook Hill condos firmly in the top tier of Prince George. If you are a condo owner here, the short-term dip in the HonestDoor average does not cancel out that growth ranking.

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here is 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 is already months out of date. The market does not wait for paperwork.

The HonestDoor Price is updated in real time using current sales data, market signals, and comparable properties. For Cranbrook Hill houses, the HonestDoor Price of $703,852 is already 0.69% higher than the average assessed value across Prince George. That gap - small as it looks - represents real money. On a home in this price range, 0.69% is roughly $4,800 that a static assessment would leave on the table.

If you are making any financial decision based on your home - refinancing, listing, or just knowing your net worth - the HonestDoor Price is the number to use. Not the one the city calculated last summer.

The So What - Should You Sell This Summer?

If you have been thinking about listing a house in Cranbrook Hill, the timing is not bad. Here is the honest read:

• You are in the number one ranked neighbourhood in Prince George for average home value - buyers notice that.
• Every comparable neighbourhood nearby is cheaper and growing slower. That gap gives you pricing power.
• A rental yield of 5.25% means investors are paying attention to Cranbrook Hill. That expands your buyer pool beyond just families looking to move in.
• The number one Airbnb ranking in Prince George is a real selling point for buyers who want income potential.

For condo owners, the picture calls for a bit more patience. The HonestDoor average pulled back 7.59%, but the predicted value and growth rank suggest the floor is holding. If you do not need to sell right now, the upward trend in the 3-month data is worth watching over the next quarter.

Bottom line - Cranbrook Hill is not flashy, but it is consistent. In a market where a lot of neighbourhoods are losing ground, consistent is exactly what you want to be.

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.