Keith Lynn, North Vancouver - July 2026 Real Estate Report

Keith Lynn, North Vancouver: Your Home Is Worth More Than the City Thinks

If you own a home in Keith Lynn and you have not looked at your numbers lately, here is the short version: the city's assessment is lagging behind reality by nearly 5%. That gap is money sitting on the table.

The Vibe: What Is Actually Happening in Keith Lynn Right Now

Keith Lynn is a quiet, established pocket of North Vancouver. It is not making headlines, but the fundamentals are solid. Here is how houses and condos are each telling a slightly different story.

Houses: Steady, Premium, and Holding Their Ground

If you have been watching the "For Sale" signs in Keith Lynn, here is what is actually happening with houses right now.

• Average sale price: $2,000,000 - essentially flat from last month
• Price per square foot: $1,358
• HonestDoor Price: $2,061,358 - down a modest 1.36% from the previous period
• Predicted market value (forward-looking): $2,089,787
• 3-month moving average: $2,052,650 - and the trend is climbing
• Estimated monthly rent: $7,066 with a rental yield of 3.66%
• Properties assessed this year: 733
• Sales recorded in 2026: 1

The price per square foot at $1,358 puts Keith Lynn houses firmly in the above-average tier for North Vancouver - ranked 22 out of 47 comparable neighbourhoods on price. Growth is more measured, sitting at rank 32 out of 54, which puts us in the middle of the pack. Think of it as the market taking a breather, not backing down.

One thing worth noting: the predicted market value of $2,089,787 is already running ahead of the 3-month average of $2,052,650. That upward drift matters if you are timing a sale.

Condos: A Sleeper Story Worth Watching

Condos in Keith Lynn are doing something interesting. While the HonestDoor Price of $599,939 is down slightly - 0.94% from the previous period - the forward-looking numbers tell a different story.

• HonestDoor Price: $599,939
• Predicted market value: $605,606
• 3-month moving average: $583,299 - the current value is well above it
• Recent value change: 3.41%
• Growth rank: 6 out of 48 neighbourhoods in North Vancouver
• Estimated monthly rent: $2,941 with a rental yield of 3.63%
• Airbnb estimate: $145 per night

That growth rank of 6 out of 48 is the number to pay attention to. For condos, Keith Lynn is sitting near the top of the North Vancouver leaderboard right now. The predicted value of $605,606 is running nearly $22,000 ahead of the 3-month average. That kind of momentum is not nothing.

Compared to nearby neighbourhoods, Keith Lynn condos are actually priced lower than Cedar Village ($819,590), Lower West Lynn ($790,200), and Grand Boulevard ($682,244). If you own a condo here, you are in a market that is growing fast and still has room relative to neighbours.

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

Here is the honest truth about government assessments: they are a snapshot from last year. By the time that number lands in your mailbox, the market has already moved on.

For Keith Lynn houses, the average assessed value sits at $1,965,872. The average HonestDoor Price is $2,061,358. That is a gap of roughly $95,000 - or 4.86% - that your assessment is simply not capturing. If you are making any financial decision based on that assessed number alone, you are working with stale data.

The HonestDoor Price updates in real time using actual market signals. It is not a guess - it is a real-world check against a number the city calculates once a year. For a home worth over $2 million, that difference is not a rounding error. It is a meaningful chunk of equity.

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

If selling is on your radar, here is what the Keith Lynn data is telling us right now.

• House values are holding above $2,000,000 with a forward-looking predicted price of $2,089,787
• The 3-month trend is moving upward - momentum is on your side heading into summer
• Rental demand is real: $7,066 per month estimated rent means buyers who cannot sell their current place will consider holding Keith Lynn as an income property
• Transaction volume is thin - only 1 sale recorded in 2026 so far - which means less competition from other sellers if you list now
• Keith Lynn ranks 4th in North Vancouver for total transactions, so buyer interest in the area is established

For condo owners, the growth rank of 6 out of 48 is a genuine selling point. You are in one of the faster-moving condo markets in North Vancouver right now, and the predicted value is climbing above the recent average. If you have been waiting for a signal, this is a reasonable one.

Bottom line: Keith Lynn is not a flashy market right now, but it is a reliable one. Prices are above average, rental demand is strong, and your HonestDoor Price is likely telling a better story than your last assessment. Check it before you make any moves.

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.