Highlands, Burnaby - September 2026 Real Estate Report

Highlands, North Vancouver: Your Neighbour Just Asked If Now Is a Good Time to Sell. Here's the Honest Answer.

The Vibe Right Now

If you've been watching the "For Sale" signs in Highlands, North Vancouver, here's what's actually happening. The market isn't crashing. It isn't exploding either. It's taking a breather - and depending on what you own, that means very different things for your wallet.

Houses: Still the Most Expensive Address in North Vancouver

Let's start with the big number. The average sale price for a house in Highlands sits at $5,100,000. One property sold last month, which is a thin slice of data, but the price held steady. That's not nothing in this environment.

The HonestDoor predicted market value for houses here is $2,924,647 - and yes, that gap between the sale price and the predicted value is worth a conversation with us. The predicted value is nudging slightly downward from the 3-month moving average of $2,931,862, so we're not talking about a freefall, but the direction is worth watching.

• Average sale price: $5,100,000
• Price per square foot: $3,486
• HonestDoor predicted value: $2,924,647
• 3-month moving average: $2,931,862
• Estimated monthly rent: $9,140
• Rental yield: 3.38%
• Recent value change: +0.96%
• Growth rank: 16 out of 52 neighbourhoods in North Vancouver - above average
• Price rank: 1 out of 46 - the most expensive in North Vancouver

That price rank is the headline stat for house owners. We sit at number one on the North Vancouver leaderboard for price. Highlands beats out Canyon Heights, where the predicted value is $2,694,852. That's a $229,795 gap in our favour. Owning here still means something.

Condos: Affordable Entry Point, But Watch the Trend

Condos in Highlands tell a different story. The average sale price came in at $515,000, with a price per square foot of $899. One unit sold, and prices held flat. The HonestDoor predicted value for condos is $1,023,389 - but that number is slipping slightly from the 3-month moving average of $1,032,469, and the recent value change is -0.72%.

On the neighbourhood leaderboard, Highlands condos rank 15 out of 48 for growth - still above average - but we sit at 20 out of 21 for price, meaning we're among the most affordable condo markets in North Vancouver. For buyers, that's an entry point. For sellers, it means nearby neighbourhoods like Capilano ($1,212,059 predicted) and Handsworth ($1,130,867 predicted) are pulling ahead on value.

• Average sale price: $515,000
• Price per square foot: $899
• HonestDoor predicted value: $1,023,389
• 3-month moving average: $1,032,469
• Estimated monthly rent: $4,204
• Rental yield: 2.96%
• Recent value change: -0.72%
• Growth rank: 15 out of 48 - above average
• Price rank: 20 out of 21 - among the most affordable in North Vancouver

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

Here's the thing most Highlands homeowners don't realize. Your BC Assessment is a snapshot from July 1st of last year. It's already stale by the time it lands in your mailbox. The market has moved - sometimes up, sometimes down - and that old number is what your neighbours are using to guess what your home is worth. That's a problem.

The HonestDoor Price is updated in real time. It pulls from actual sales data, current market signals, and neighbourhood trends. For house owners in Highlands, the predicted value is $2,924,647 right now. For condo owners, it's $1,023,389. These aren't guesses pulled from thin air - they're the closest thing to a real-world check you can get without hiring an appraiser.

If your tax assessment and your HonestDoor Price are telling you different stories, that gap is worth understanding before you make any decisions this summer.

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

For house sellers, the case is strong. You're sitting at the top of the North Vancouver price leaderboard. Buyers who want Highlands know there's no cheaper version of this neighbourhood - that's real leverage. The predicted value is dipping slightly, so waiting for a big jump may not be the play. If you're ready, this summer is a reasonable window.

For condo sellers, be realistic. The -0.72% value shift and the affordable price rank mean you're competing in a buyer-friendly segment. The good news is that a $4,204 monthly rent estimate gives investors a reason to look. Framing your unit as an income property could widen your buyer pool.

Either way, the first step is knowing your actual number - not last year's assessment. Check your HonestDoor Price, see where you sit on the leaderboard, and then decide if this summer is your move.

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.