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    East Bella Vista, Vernon - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Vernon, East Bella Vista

    East Bella Vista, Vernon: Your Neighbour Just Got a Reality Check on Their Home Value

    If you own a home in East Bella Vista and you're still quoting your city assessment to people, it's time for a quick conversation. The numbers on the ground tell a different story right now - and knowing the difference could save you from a costly misstep, whether you're buying, selling, or just keeping score.

    The Vibe: What's Actually Happening on Our Streets

    Houses - Taking a Breather

    Let's be straight with each other. The house market in East Bella Vista is cooling off. The average sale price for houses sits at $593,767 this month, which is down 27.9% from last month. That's a big swing. Some of that is the small sample size - we only saw 3 house sales - but the direction is hard to ignore. Homes are selling at about 96 cents on the dollar of list price, so buyers are negotiating, and sellers are meeting them partway.

    • Average sale price (Houses): $593,767
    • Average list price: $611,467
    • Price per square foot: $344
    • Sale-to-list ratio: 96.15%
    • Average days on market: 62 days
    • Properties sold this period: 3 (up 50% from last month)

    Here's the silver lining. Our 62-day average time on market actually beats nearby East Bella Vista Highlands, where homes are sitting for 85 days. So while prices are softer, we're still moving product faster than some of our neighbours. The predicted market value for houses lands at $731,290, which is sliding slightly below the 3-month moving average of $739,129. The trend is pointing down, not up, at least for now.

    On the rental side, houses here are pulling their weight. Estimated rent of $3,253 per month translates to a rental yield of 5.19%. If you're holding and not selling, that's a solid return. On the neighbourhood leaderboard, though, house growth ranks 9 out of 9 in Vernon. Dead last. That's worth knowing before you make any big moves.

    Condos - A Different Story Altogether

    Condos in East Bella Vista are actually doing something interesting. While houses are struggling, our condo segment is quietly climbing. The predicted market value is $279,477, and that number is trending up from the 3-month moving average of $275,698. Recent value change sits at positive 5.06%, which puts condos here at rank 2 out of 7 comparable neighbourhoods in Vernon. That's a top-tier result.

    • Average sale price (Condos): $319,700
    • Average list price: $345,000
    • Price per square foot: $335
    • Sale-to-list ratio: 92.67%
    • Average days on market: 9 days
    • Properties sold this period: 1

    Nine days on market. That's fast. Rank 1 out of 5 in Vernon for speed of sale. Buyers who want a condo here are not sitting on their hands. The rental yield of 4.22% is moderate, and the assessed value of $284,079 is sitting above the HonestDoor Price of $276,141 - something we'll get into below.

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

    Your city assessment is a snapshot from the past. It's calculated using data that can be months or even over a year old by the time it lands in your mailbox. In a market that's shifting like East Bella Vista's is right now, that lag matters - a lot.

    Here's the real-world check. The average assessed value for houses in East Bella Vista is $742,693. The average HonestDoor Price is $729,006. That's a gap of roughly $13,700, and the HonestDoor Price has already moved down 0.31% from the previous period. If you're pricing your home based on your assessment, you could be starting the conversation in the wrong place entirely.

    For condos, the gap is even sharper. Assessed value averages $284,079, while the HonestDoor Price sits at $276,141 - down 1.19% from last period. The assessment is 2.79% higher than what the real-time data suggests condos are actually worth right now.

    The HonestDoor Price updates continuously using current sales data, market trends, and local signals. It's the number that reflects what a buyer would actually pay today - not what the city thought your home was worth last year.

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

    If you're a homeowner in East Bella Vista with a house and you're thinking about listing this summer, here's the honest take. You're not in a terrible spot, but you're not in a power position either. Prices are softer, buyers are negotiating, and the growth rank of 9 out of 9 means this neighbourhood is not leading the pack right now. That doesn't mean you can't sell - 3 homes moved last month and they sold faster than East Bella Vista Highlands. It means you need to price sharp from day one. Overpricing and chasing the market down is the worst move you can make in a cooling environment.

    If you own a condo and you're thinking about selling, the picture is brighter. Fast sales, rising predicted values, and a top-2 growth rank in Vernon. If you've been waiting for a good window, this looks like one worth paying attention to.

    Either way, pull your HonestDoor Price before you call an agent. Walk into that conversation knowing the real number, not the government's old one. With 374 houses and 145 condos assessed in the neighbourhood, there's plenty of data to work with - and the HonestDoor Price is pulling from all of it in real time.

    • House HonestDoor Price: $729,006 (down 0.31%, sits 1.84% below assessed value)
    • Condo HonestDoor Price: $276,141 (down 1.19%, sits 2.79% below assessed value)
    • House rental estimate: $3,245/month
    • Condo rental estimate: $1,488/month
    • Neighbourhood growth (overall): 0.04% year over year
    • Total transactions in 2026: 8 houses, 1 condo

    East Bella Vista is a neighbourhood worth watching. It's not the hottest corner of Vernon right now, but the condo side is showing real momentum and houses are still moving. Know your numbers, price honestly, and you'll be in a much better position than the neighbour who's still quoting their 2024 assessment.

    east bella vista | vernon | july 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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    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.

    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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