Lynnmour South, North Vancouver - July 2026 Real Estate Report

Lynnmour South Real Talk: Your Home Is Worth Less Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs in Lynnmour South, here's what's actually happening. The market is taking a breather. Both houses and condos are drifting below their assessed values, and the growth numbers put us near the back of the pack in North Vancouver. That's not panic-worthy - but it is worth paying attention to before you make any big moves.

Houses: Holding Steady, But Slipping

The average house in Lynnmour South carries an assessed value of $1,538,631. But the HonestDoor Price tells a slightly different story - $1,527,117. That's a gap of roughly $11,500, and the trend is moving in the wrong direction. Values are down 0.75% from the previous period, and the 3-month moving average of $1,551,727 confirms we've been sliding for a bit.

• Average Assessed Value: $1,538,631
• HonestDoor Price: $1,527,117 (down 0.75%)
• Predicted Market Value: $1,538,616
• 3-Month Moving Average: $1,551,727
• Average Rental Estimate: $5,076 per month
• Rental Yield: 4.41%
• Airbnb Estimate: $252 per night
• Neighbourhood Growth: -0.05% year over year
• Growth Rank: 46 out of 54 neighbourhoods in North Vancouver

That growth rank is the number to sit with. On the North Vancouver neighbourhood leaderboard, Lynnmour South houses are sitting at 46th out of 54. We're not last, but we're not climbing either. For context, nearby Maplewood is slightly more expensive at an average HonestDoor Price of $1,652,687 and growing faster. That gap matters if you're comparing where to buy or sell.

Condos: More Activity, More Pressure

The condo side of Lynnmour South is busier but under more pressure. The average assessed value sits at $867,118, while the HonestDoor Price has dropped to $841,128 - that's 3% below the city's assessment and down 1.49% from the previous period. One condo sold this month at $605,000, which is down 27.7% from last month. One sale is a small sample, but that number is hard to ignore.

• Average Assessed Value: $867,118
• HonestDoor Price: $841,128 (down 1.49%, 3% below assessed value)
• Predicted Market Value: $856,725
• 3-Month Moving Average: $856,206 (values are slightly increasing vs. this average)
• Average Sale Price This Month: $605,000
• Price Per Square Foot: $787
• Average Rental Estimate: $3,732 per month
• Rental Yield: 3.16%
• Airbnb Estimate: $185 per night
• Transactions in 2026: 8
• Growth Rank: 31 out of 48 neighbourhoods in North Vancouver
• Price Rank: 15 out of 20 - below average in price

On the condo leaderboard, we're sitting at 31st out of 48 for growth - below average, but not at the bottom. The assessed value rank is actually strong at 5th in North Vancouver, which means the city still thinks our condos are worth a lot. The HonestDoor Price disagrees, and right now the market is siding with HonestDoor.

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

Here's the thing about your city assessment - it's a snapshot from months ago, built on formulas that don't react to what's happening on the street right now. In Lynnmour South, the assessed values for both houses and condos are running higher than what buyers are actually willing to pay today. That gap is your blind spot.

The HonestDoor Price is updated in real time using actual sales data, market shifts, and current comparable properties. For houses, it's flagging a $11,500 discount to assessed value. For condos, it's flagging a $26,000 discount. If you're pricing a listing based on your assessment, you could be starting the conversation in the wrong place entirely - and sitting on the market longer than you need to.

Check your HonestDoor Price now. Don't wait for next year's assessment to tell you something the market already knows.

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

If you're a Lynnmour South homeowner eyeing a summer sale, here's the straight talk. The window is open, but it's not wide. Values are drifting down, not crashing - but the direction matters when you're timing a sale.

For house sellers, the rental yield of 4.41% is a real selling point for investor buyers. Lead with that. For condo sellers, the competition is real - 799 assessed properties means there's no shortage of supply, and buyers know it. Pricing sharp from day one beats a price cut on day 30.

Maplewood is outperforming us right now. Buyers who are cross-shopping will notice. The best move is to get your HonestDoor Price, understand where you actually sit in the market, and price to sell - not to hope.

Summer 2025 in Lynnmour South rewards the realistic seller. Be that person.

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.