If you have been watching the "For Sale" signs in Lions Gate and wondering what is actually going on with prices, here is the straight answer: the city's assessment is behind the curve, and the gap between what the government says your home is worth and what it could actually sell for is significant. We are talking real money left on the table if you are not paying attention.
Let's break down what is happening for us here in Lions Gate, because houses and condos are telling two slightly different stories.
The house market is holding steady. One sale closed recently at an average of $1,500,000, coming in at roughly $804 per square foot. That is not a market in freefall - that is a market catching its breath.
The predicted value is sitting just above $1.665 million, but it is drifting slightly below the 3-month moving average of $1.674 million. Nothing alarming - just a gentle cooling. On the neighbourhood leaderboard, houses in Lions Gate rank 26 out of 52 for growth, which puts us solidly in the upper half of North Vancouver. That is a decent position to be in.
Condos are where the action is in terms of transaction volume. Twelve sales recorded in 2026 already, and 1,636 properties assessed - this is a busy segment. The average sale price is sitting at $507,500, or about $526 per square foot, and that is already running ahead of nearby Lower Capilano Marine condos, which averaged $475,000.
Condo values have dipped 0.86% recently and the predicted value is sliding below the 3-month moving average. It is taking a breather. But on the neighbourhood leaderboard, Lions Gate condos still rank 18 out of 48 for growth - that is above average, and worth remembering when neighbours start talking doom and gloom.
Here is the thing about your city assessment - it is a snapshot from the past. By the time it lands in your mailbox, the market has already moved. For Lions Gate homeowners, that gap is not small.
For houses, the HonestDoor Price of $1,653,965 runs 8.96% higher than the average assessed value of $1,517,927. That is a difference of roughly $136,000. For condos, the HonestDoor Price of $620,404 sits 6.46% above the assessed value of $582,780 - a gap of about $37,600.
The HonestDoor Price is updated in real time, pulling from actual market activity. It is the real-world check against a static government number. If you are making any decision about your home - selling, refinancing, even just understanding your net worth - the HonestDoor Price is the number you should be looking at first.
If you are a Lions Gate homeowner considering a summer sale, here is what the data is telling you.
For house sellers, you are sitting in a market that ranks 3rd in North Vancouver for total transactions. Buyers are active here. Your HonestDoor Price suggests real-world value well above what the city assessed, and while the market is softening slightly from its 3-month peak, you are not in a distressed position. Pricing sharp and moving quickly could work in your favour before any further drift.
For condo sellers, the volume is there - Lions Gate ranks 2nd in North Vancouver for condo transactions. But values have slipped 0.86% recently, and the trend line is pointing slightly downward. Waiting is not obviously the right move. If your plan is to sell this summer, getting your HonestDoor Price today gives you a realistic anchor for your listing price - not a number that is already months out of date.
One more thing worth knowing: Pemberton Heights and Westhill are both priced significantly higher than Lions Gate, and both are growing slower. Lions Gate is not the most expensive address on the North Shore, but it is holding its ground better than some of its pricier neighbours. That is a selling point worth using.
Bottom line - Lions Gate is a steady, above-average market in a city where a lot of neighbourhoods are struggling to keep pace. Know your real number. Use your HonestDoor Price.
lions gate | north vancouver | september 2026This 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.