Delbrook, North Vancouver - August 2026 Real Estate Report

Delbrook Real Talk: Your Home Is Worth More Than the City Thinks

If you own a home in Delbrook and you have not looked at your HonestDoor Price lately, now is the time. The city's assessment is already behind. Here is what is actually happening on our streets right now.

The Vibe: Houses vs. Condos

Delbrook is a tale of two markets, and where you sit in that story depends on what you own.

Houses - This is still where the real value lives in Delbrook. The average sale price is sitting at $1,805,000, with a price per square foot around $1,345. One house sold last month, which is a quiet number, but that is not unusual for a neighbourhood where homes do not change hands often. The predicted market value for a house here is $2,369,802. That number is drifting slightly below the 3-month moving average of $2,390,640, and values have shifted by -1.79% recently. The market is taking a breather - not crashing, just pausing.

• Average sale price: $1,805,000
• Price per square foot: $1,345
• Predicted market value: $2,369,802
• Estimated monthly rent: $7,780
• Rental yield: 3.53%
• Growth rank: 16 out of 52 neighbourhoods - above average in North Vancouver
• Price rank: 27 out of 47 - mid-pack on price

On the neighbourhood leaderboard, Delbrook houses rank 16th out of 52 for growth. That puts us solidly in the upper half of North Vancouver. We are not leading the pack, but we are ahead of most. For context, Canyon Heights next door ranks slower on growth, so Delbrook is holding its own.

Condos - This is the harder conversation. Condo values in Delbrook are under more pressure. The average sale price is $576,400 at roughly $921 per square foot. The predicted market value comes in at $735,448, which is sliding from a 3-month average of $742,238. Values have moved -2.15% recently.

• Average sale price: $576,400
• Price per square foot: $921
• Predicted market value: $735,448
• Estimated monthly rent: $3,383
• Rental yield: 3.38%
• Growth rank: 43 out of 48 - bottom performers in North Vancouver
• Price rank: 19 out of 21 - among the most affordable in North Vancouver

On the leaderboard, Delbrook condos rank 43rd out of 48. That is a tough number. If you own a condo here and are thinking about selling, timing matters more than it does for house owners right now.

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment

Here is the thing about your BC Assessment notice - it is a snapshot from last July. A lot has happened since then. The HonestDoor Price updates in real time, pulling in actual sales data and market signals as they happen.

For Delbrook houses, the average HonestDoor Price is $2,377,994. The average city assessment is $2,362,329. That is a gap of roughly $15,665 - and the HonestDoor Price is 0.66% higher than what the city has on file. That difference is not huge, but it is real money, and it is moving in the right direction. The HonestDoor Price has also ticked up 0.35% from the previous period, which tells us the real-world number is holding steadier than the recent short-term dip in predicted values might suggest.

For condo owners, the HonestDoor Price is $1,053,430, up 0.09% from last period. That is a modest move, but it is still a more current read than whatever number is sitting on your assessment notice.

Bottom line - do not let a static government number be the only data point you use when making a decision worth hundreds of thousands of dollars.

The So What: Thinking About Selling This Summer?

If you own a house in Delbrook and are considering listing this summer, here is the honest take. Demand is not on fire right now - one sale last month tells you that. But Delbrook houses are still sitting in the top third of North Vancouver for growth, and your HonestDoor Price is running ahead of the city's assessment. That is a decent position to be in.

Nearby, Upper Delbrook is priced higher at an average HonestDoor Price of $2,673,830, and Canyon Heights sits at $2,694,852. Delbrook is the more accessible entry point into this pocket of North Vancouver, which can actually work in your favour when buyers are stretching their budgets.

If you own a condo, the picture is more cautious. With a growth rank of 43rd out of 48 and values softening, waiting for the market to recover before listing could cost you less than rushing to sell into a quiet buyer pool. That said, rental demand is real - $3,383 per month in estimated rent and a 3.38% yield means holding and renting is a legitimate option worth running the numbers on.

Either way, start with your HonestDoor Price. It is the most current read you have got - and in a market like this, current beats everything.

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.