Norgate, North Vancouver - October 2026 Real Estate Report
Norgate, North Vancouver: Your Neighbour Isn't Telling You This About Home Prices
If you own a home in Norgate and you're still looking at your city assessment to figure out what it's worth, you're leaving real money on the table. Here's the actual picture right now.
The HonestDoor Price vs. Your Assessment - The Gap Is Real
The city says the average Norgate home is worth $1,509,357. The HonestDoor Price says $1,589,838. That's an $80,481 difference - and the HonestDoor Price is the one that moves with the market in real time. Your tax assessment is a snapshot from the past. The HonestDoor Price is what's happening right now, and it's up 1.27% from the previous period. For a neighbourhood with 508 assessed properties, that gap adds up fast across the street.
- Average Assessed Value: $1,509,357
- Average HonestDoor Price: $1,589,838
- HonestDoor Price is 5.33% above the assessed value
- HonestDoor Price change: +1.27% from last period
- Average rental estimate: $5,770 per month
- Average Airbnb estimate: $287 per night
- Total properties assessed: 508
The Vibe - Houses vs. Condos in Norgate
Let's break down what we're actually seeing on the ground for the two main property types here.
Houses
We saw 1 house sell recently at an average of $1,610,000, with a price per square foot sitting around $940. The predicted market value for houses is $1,569,886, and that number is trending up - it's ahead of the 3-month moving average of $1,561,322. Values have nudged up 0.29% recently. That's not a fireworks show, but it's steady forward movement.
On the leaderboard, Norgate houses rank 14 out of 53 neighbourhoods in North Vancouver for growth. That puts us in the above-average tier - ahead of more than half the competition. For price rank, we sit at 34 out of 47, which means there's room to grow relative to pricier pockets of the city. Rental yield on houses comes in at 3.96%, which is a reasonable return for a market at this price point.
- Average sale price (Houses): $1,610,000
- Price per sq ft: $940
- Predicted market value: $1,569,886
- 3-month moving average: $1,561,322
- Recent value change: +0.29%
- Estimated rent: $5,719 per month
- Rental yield: 3.96%
- Growth rank: 14 out of 53 in North Vancouver
- Price rank: 34 out of 47 in North Vancouver
Condos
The condo picture is a bit different. One condo sold at $930,000, with a price per square foot of $727. The predicted market value for condos is $1,725,555, but that number is easing back slightly from the 3-month moving average of $1,758,566. Values dipped 0.07% recently - a small pullback, not a freefall. Think of it as the market taking a breather.
On the leaderboard, Norgate condos rank 19 out of 48 neighbourhoods for growth - still above average. And for price, condos here rank 6 out of 21, which puts us firmly in the higher-priced tier for condos in North Vancouver. Rental yield on condos is 2.89%, which is moderate but worth factoring in if you're holding as an investment.
- Average sale price (Condos): $930,000
- Price per sq ft: $727
- Predicted market value: $1,725,555
- 3-month moving average: $1,758,566
- Recent value change: -0.07%
- Estimated rent: $5,613 per month
- Rental yield: 2.89%
- Growth rank: 19 out of 48 in North Vancouver
- Price rank: 6 out of 21 in North Vancouver
How Does Norgate Stack Up Against the Neighbours?
It helps to know what's happening on the other side of the fence. Lower Capilano Marine is sitting at a HonestDoor Price of $1,713,862 with rental estimates of $6,071 - slightly more expensive than Norgate and growing a touch faster at -0.02% versus our -0.05%. Pemberton Heights is in a different league entirely at $2,488,604 with rents of $8,097 - that's a premium market. Norgate sits in a more accessible price range, which is actually a selling point for buyers who've been priced out of those pockets.
- Lower Capilano Marine - HonestDoor Price: $1,713,862 - Rental: $6,071 - Growth: -0.02%
- Pemberton Heights - HonestDoor Price: $2,488,604 - Rental: $8,097 - Growth: -0.03%
The Secret Sauce - Why Check Your HonestDoor Price Right Now
Here's the thing about government assessments: they're built on sale data that can be 12 to 18 months old by the time it lands in your mailbox. The market doesn't wait. In Norgate, the HonestDoor Price is already running $80,000 above the average assessment. If you're using that assessment number to make decisions - whether to sell, refinance, or even just negotiate - you're working with a stale number.
The HonestDoor Price updates in real time using current sales, market trends, and neighbourhood-level data. It's the real-world check. With only 2 property transactions recorded in 2026 so far, every sale in Norgate carries weight. Knowing where you actually stand - not where the city thought you stood last year - is the edge.
So What - Should You Sell in Norgate This Summer?
If you're a homeowner thinking about listing this summer, here's the honest read. Norgate is holding steady. House values are ticking up, the growth rank puts us ahead of most North Vancouver neighbourhoods, and the HonestDoor Price is above assessment. That's not a bad position to be in.
Transaction volume is low - 2 sales in 2026 so far. Low supply can work in a seller's favour if demand holds. But it also means pricing needs to be sharp. Buyers in this range are informed. They're comparing you to Lower Capilano Marine and Pemberton Heights. Your HonestDoor Price gives you the honest anchor to price with confidence, not guesswork.
The neighbourhood growth rate is down 0.05% year over year - a small dip, not a warning sign. If you've been sitting on the fence, the data says the window is open. It's not a sprint market right now, but it's not a retreat either. Get your HonestDoor Price, know your number, and make the call with real information behind you.
norgate | north vancouver | october 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.