Deep Cove, North Vancouver - July 2026 Real Estate Report

Deep Cove Real Estate Check-In: Your Home Is Worth More Than the City Thinks

If you live in Deep Cove and you have not looked at your HonestDoor Price lately, now is the time. The city's assessment is sitting at an average of $2,217,620 - but the real-world number is already higher than that, and the gap matters when you are making decisions about selling, refinancing, or just knowing where you stand.

The Vibe: What Is Actually Happening in Deep Cove Right Now

Deep Cove is one of the priciest pockets in all of North Vancouver. We are not talking about a neighbourhood that is quietly slipping - we are talking about a place that consistently ranks near the top of the price leaderboard. But the market is sending mixed signals depending on whether you own a house or a condo, so let us break it down.

Houses: Holding Strong at the Top

If you own a house in Deep Cove, you are sitting on one of the most valuable properties in North Vancouver. Here is the snapshot:

• Average HonestDoor Price: $2,274,617
• Predicted market value: $2,345,770 - and that number is trending up from the 3-month average of $2,330,653
• Average sale price: $1,443,000 with a price per square foot around $1,112
• Estimated monthly rent: $7,669 with a rental yield of 3.61%
• Airbnb potential: roughly $381 per month
• Price rank: 7 out of 47 neighbourhoods in North Vancouver - that puts us near the very top
• Growth rank: 33 out of 54 - middle of the pack, which means values are stable but not racing ahead right now

The HonestDoor Price for houses did dip 3.03% from the previous period. That is the market taking a breather, not falling off a cliff. The predicted value is still climbing month over month, which tells us the short-term softness is not the full story.

Condos: High Price, Cooling Momentum

The condo picture in Deep Cove is a bit more complicated. The HonestDoor Price is actually up 4.14% from the previous period, sitting at an average of $2,798,131. That is a striking number. But the predicted market value of $2,686,772 is sliding below the 3-month moving average of $2,725,784, and recent value change is down 3.25%. Here is the full picture:

• Average HonestDoor Price: $2,798,131 - up 4.14% from last period
• Predicted market value: $2,686,772 - trending down from the 3-month average
• Average sale price: $790,000 with a price per square foot around $721
• Estimated monthly rent: $7,947 with a rental yield of 2.21%
• Airbnb rank in North Vancouver: 2nd - that is a serious short-term income advantage
• Growth rank: 42 out of 48 - that puts Deep Cove condos among the bottom performers in North Vancouver right now
• Price rank: 8 out of 20 - still above average in price

The condo market here is expensive and slow-moving. Only 1 transaction in 2026 so far. That is a thin market, which means individual sales can swing the numbers hard in either direction. Do not read too much into any single data point - but do pay attention to the downward trend in predicted value.

The Secret Sauce: Why Your HonestDoor Price Beats Waiting for the City

Here is the thing about your BC Assessment notice. It is based on data from July 1st of the previous year. By the time it lands in your mailbox, it is already six to twelve months out of date. The market does not wait for the government to catch up.

The HonestDoor Price updates in real time. Right now, the average HonestDoor Price for houses in Deep Cove is $2,274,617 - that is 2.57% higher than the average assessed value of $2,217,620. That gap represents real money. If you are using your assessment to make decisions about selling, equity, or even just bragging rights at the dock, you are working with a stale number.

Think of the HonestDoor Price as the number your real estate agent would whisper to you before you listed - except it is free and available right now.

The "So What?" - Should You Sell in Deep Cove This Summer?

If you own a house and you have been on the fence, here is the honest take. The predicted value is rising month over month. You are in the top 7 most expensive neighbourhoods in North Vancouver. Transaction volume is low - only 2 house sales in 2026 so far - which means less competition from other sellers. Low supply plus a high price rank is generally a good combination if you want to list.

The 3.03% dip in HonestDoor Price is worth watching, but the upward trend in predicted value suggests the floor is holding. If you are thinking about selling this summer, the window looks reasonable - but do not sit on it too long if that predicted value starts pulling back toward the 3-month average.

For condo owners, the picture is more cautious. The growth rank of 42 out of 48 is a real signal. Values have shifted down 3.25% recently. If you need to sell, price it sharp and lean into the Airbnb angle - a number 2 Airbnb rank in North Vancouver is a genuine selling point for buyers who want income flexibility.

Either way, check your HonestDoor Price before you do anything. It is the most current number you have got - and in Deep Cove, every percentage point is worth real dollars.

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.