Norgate, Vancouver - September 2026 Real Estate Report

Norgate Real Estate Check-In: Houses Are Holding, Condos Are Sliding

The Vibe Right Now

If you live on the house side of Norgate, things are pretty steady. If you own a condo here, you need to pay attention - because the numbers are moving in the wrong direction.

Let's break it down.

Houses: Quiet, But Solid

The average sale price for a house in Norgate sits at $1,610,000, with price per square foot around $940. Sales volume is thin - only 1 home sold last month - so take any single data point with a grain of salt. But the HonestDoor predicted market value of $1,565,292 is actually ticking up from the 3-month moving average of $1,560,234. That is a small but real move in the right direction.

• Average sale price: $1,610,000
• Price per square foot: $940
• HonestDoor predicted value: $1,565,292
• 3-month moving average: $1,560,234
• Recent value change: +1.07%
• Growth rank: 14 out of 52 neighbourhoods in North Vancouver - above average
• Estimated monthly rent: $5,708
• Rental yield: 3.97%

That growth rank is worth highlighting. Sitting at 14 out of 52 puts Norgate houses in the top quarter of North Vancouver neighbourhoods for momentum right now. We are not leading the pack, but we are well ahead of the middle. For a neighbourhood that does not always get the headlines, that is a decent spot to be.

On the rental side, $5,708 a month in estimated rent with a 3.97% yield is what most people would call a working investment. Not flashy, but it pays.

Condos: Taking a Breather - And Then Some

This is where we need to be straight with each other. The condo picture in Norgate is softer. The average sale price is $930,000, at $727 per square foot. The HonestDoor predicted value of $1,726,745 is actually sliding - it is down from a 3-month moving average of $1,798,385. That is a meaningful gap, and it reflects a recent value change of -5.30%.

• Average sale price: $930,000
• Price per square foot: $727
• HonestDoor predicted value: $1,726,745
• 3-month moving average: $1,798,385
• Recent value change: -5.30%
• Growth rank: 48 out of 48 condo neighbourhoods in North Vancouver - bottom of the board
• Estimated monthly rent: $5,635
• Rental yield: 2.88%

Ranking last out of 48 comparable neighbourhoods for condo growth is not a number to brush off. It does not mean Norgate condos are worthless - far from it. But it does mean the momentum is not here right now, and anyone holding a condo needs a current, accurate picture of where their value actually stands.

For context, nearby Lower Capilano Marine is sitting at an average HonestDoor Price of $707,598 for condos, with Marine Hamilton at $639,640. Norgate condos are priced above those neighbours, which means buyers have options - and sellers need to price sharply.

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

Here is the thing about your BC Assessment notice. It reflects a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it is already six to twelve months old. In a market that just moved 5% in either direction, that lag is not a minor detail - it is real money.

The HonestDoor Price updates in real time. It pulls from actual sales, current market signals, and live neighbourhood data. For Norgate house owners, it is showing values inching upward right now. For condo owners, it is flagging a dip that your tax assessment has not caught yet - and that your buyer's agent absolutely will catch.

Knowing your HonestDoor Price before you list, before you refinance, or before you even have a casual conversation with an agent is the difference between negotiating from a position of knowledge versus guessing. Check it before someone else uses it against you.

So What Does This Mean If You Are Thinking About Selling This Summer?

If you own a house in Norgate, the timing is not bad. Values are stable, the growth rank is respectable, and the market is not flooded with competing listings. One sale a month means your home will get attention. Price it right and you are not fighting a crowd.

If you own a condo, summer 2025 requires a sharper strategy. The -5.30% recent shift and a last-place growth rank tell us buyers have leverage right now. That does not mean you should not sell - it means you need to go in with accurate, up-to-date numbers and a realistic price from day one. Sitting on an inflated ask in this segment will cost you time and, eventually, money.

Either way, the first move is the same. Pull your HonestDoor Price today. Know what the market actually thinks your home is worth - not what a year-old government document says. Then make your call.

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.