Mahon, North Vancouver - July 2026 Real Estate Report

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

If you own a place in Mahon and you have not looked at your HonestDoor Price lately, now is the time. The city's assessment is already behind. Here is what is actually happening on the ground.

The Vibe: Houses vs. Condos

We are seeing two different stories play out in Mahon right now, depending on what you own.

Houses are holding strong. The average sale price sits at $1,950,000, with a price per square foot of around $1,081. Only 1 house sold recently, but the predicted market value is climbing to $1,996,577 - that is above the 3-month moving average of $1,966,796, which tells us momentum is pointing upward. On the neighbourhood leaderboard, Mahon houses rank 13 out of 47 for price in North Vancouver - that puts us firmly in the upper tier. For growth, we sit at 25 out of 54, which is above average. If you own a house here, you are in a solid position.

• Average sale price: $1,950,000
• Price per square foot: $1,081
• Predicted market value: $1,996,577
• 3-month moving average: $1,966,796
• Estimated monthly rent: $6,806
• Rental yield: 3.71%
• Price rank in North Vancouver: 13 out of 47
• Growth rank in North Vancouver: 25 out of 54

Condos are taking a bit of a breather. The average sale price is $712,500, with a price per square foot of $835. The predicted market value is $876,712, and it is dipping slightly against the 3-month moving average of $878,405. Recent value change is down 0.85%. On the leaderboard, condo growth in Mahon ranks 29 out of 48 - below average for North Vancouver. Price rank is 14 out of 20, also on the lower end. That said, the HonestDoor Price for condos is $953,788 - up 1.53% from the previous period - so there is still real value here, even if the short-term trend is soft.

• Average sale price: $712,500
• Price per square foot: $835
• HonestDoor Price: $953,788 (up 1.53%)
• Predicted market value: $876,712
• 3-month moving average: $878,405
• Estimated monthly rent: $3,756
• Rental yield: 3.22%
• Growth rank in North Vancouver: 29 out of 48
• Price rank in North Vancouver: 14 out of 20

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

Here is the thing about your city assessment - it is a snapshot from months ago, built on a formula that does not know what sold on your street last week. For houses in Mahon, the average assessed value is $1,853,660. The average HonestDoor Price is $1,952,744. That is a gap of over $99,000. If you are making any financial decision - refinancing, selling, even just understanding your net worth - using the assessment alone means you are working with stale numbers.

The HonestDoor Price updates in real time using actual market data. It is the real-world check that shows what buyers are likely to pay today, not what a government formula calculated last year. For Mahon houses, that price is 5.35% higher than the city's figure. That difference is not small. It is the kind of gap that changes conversations with your bank or your realtor.

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

If you own a house in Mahon and you are thinking about listing this summer, the data is working in your favour. Predicted values are rising above the 3-month trend, you are ranked above average in both price and growth across North Vancouver, and your HonestDoor Price is sitting nearly $100,000 above the city's assessment. Buyers are still active. With only 1 transaction recorded so far in 2026, inventory is tight - and tight inventory in a higher-priced neighbourhood usually means less competition for sellers.

If you own a condo, be realistic. Values are dipping slightly and growth is below average on the leaderboard. That does not mean do not sell - it means price it right from day one. Your HonestDoor Price of $953,788 is a better starting point than the assessed value, and with a rental estimate of $3,945 per month, there is a strong investor story to tell if you market it well.

Either way, check your HonestDoor Price before you do anything. It is free, it is current, and it is the number that actually reflects what Mahon buyers are paying right now.

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.