Lynnmour South, North Vancouver - September 2026 Real Estate Report

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

If you have been watching the "For Sale" signs in Lynnmour South and wondering what is actually going on, here is the straight answer: the market is taking a breather. Values are drifting down, and the number the city put on your property last assessment cycle is almost certainly higher than what a buyer would pay today. That gap matters - especially if you are making any big decisions this summer.

The Vibe: Houses vs. Condos

Let us break down what is happening on both sides of the market right now.

Houses in Lynnmour South are feeling the most pressure. The average HonestDoor Price sits at $1,453,859 - and that number has slipped 1.45% from the previous period. The predicted market value is $1,475,267, but that is already trending down from a 3-month moving average of $1,516,010. That is a $40,000 drop in momentum in a short window. On the growth leaderboard, Lynnmour South houses rank 52 out of 52 in North Vancouver. Dead last. That is not a scare tactic - it is just the data telling us the house market here is the softest it has been relative to the rest of the city.

• Average HonestDoor Price: $1,453,859
• Predicted Market Value: $1,475,267
• 3-Month Moving Average: $1,516,010
• Recent Value Change: -3.61%
• Average Rental Estimate: $5,017 per month
• Rental Yield: 4.41%
• Growth Rank in North Vancouver: 52 out of 52

Condos in Lynnmour South are holding up better - not perfectly, but better. The average HonestDoor Price is $824,188, down 1.25% from the previous period. The predicted market value is $837,431, easing off a 3-month average of $845,768. The recent value change is -0.68%, which is a much gentler slide than what we are seeing on the house side. On the growth leaderboard, condos rank 14 out of 48 in North Vancouver - solidly above average. There were 10 property transactions recorded in 2026, and the average sale price came in at $581,000 with a price per square foot around $967.

• Average HonestDoor Price: $824,188
• Predicted Market Value: $837,431
• 3-Month Moving Average: $845,768
• Recent Value Change: -0.68%
• Average Sale Price: $581,000
• Price Per Square Foot: $967
• Average Rental Estimate: $3,677 per month
• Rental Yield: 3.20%
• Growth Rank in North Vancouver: 14 out of 48 (above average)
• Price Rank in North Vancouver: 19 out of 21 (among the most affordable)

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about your city assessment - it is a snapshot from the past. It does not know what the market did last month, last week, or yesterday. For houses in Lynnmour South, the average assessed value is $1,538,631. The average HonestDoor Price is $1,453,859. That is a $84,772 gap. The city's number is 5.51% higher than what the real-world market is currently signaling.

For condos, the assessed average is $867,118 versus a HonestDoor Price of $824,188 - a 4.95% difference. If you are a condo owner using your assessment to decide whether to sell, refinance, or even just feel good about your net worth, you could be working with a number that is nearly $43,000 off.

The HonestDoor Price updates in real time. It pulls in current sales data, market trends, and neighbourhood signals - not a once-a-year government estimate. Think of it as the real-world check your assessment never was.

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

If you own a house in Lynnmour South and you are thinking about listing this summer, the data is telling you something important: do not wait for the market to recover on its own. With a growth rank of 52 out of 52 and values down 3.61% recently, the window to get ahead of further softening is now - not in the fall.

Nearby, Maplewood houses are averaging $1,693,493 on the HonestDoor Price and growing faster. That gap is a signal. Buyers who can afford Lynnmour South can likely stretch to Maplewood, which means you need to price sharp and present well to compete.

If you own a condo, the picture is less urgent but still worth watching. You are sitting in a more affordable pocket of North Vancouver - ranked 19 out of 21 on price - which actually works in your favour with buyers being squeezed out of pricier neighbourhoods. Your growth rank of 14 out of 48 means you are not in freefall. But with values drifting down and only 1 condo sale recorded recently, this is a thin market. A well-priced listing could stand out simply because there is almost nothing else to look at.

Bottom line - check your HonestDoor Price before you do anything else. It is the number a buyer's agent is going to use when they sit across the table from you. You should know it first.

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.