Northlands, North Vancouver - July 2026 Real Estate Report

Northlands, North Vancouver: Your Home Is Probably Worth Less Than the City Thinks

If you have been glancing at your latest tax assessment and feeling pretty good about yourself, hold on. The numbers on the ground in Northlands are telling a slightly different story right now - and it is worth paying attention before you make any big decisions this summer.

The Vibe: What Is Actually Happening in Northlands

Let us break it down by property type, because houses and condos are moving in different directions here.

Houses

The city says the average house in Northlands is worth $1,807,194. The HonestDoor Price says $1,718,310. That is a gap of nearly $89,000 - and the HonestDoor Price has slipped another 3.19% from the previous period. When only 3 houses sold last month and the average sale price sits at $1,652,500, the market is telling us something the assessment paperwork is not: we are in a holding pattern.

• Average assessed value: $1,807,194
• Average HonestDoor Price: $1,718,310 (down 3.19%)
• Average sale price: $1,652,500
• Price per square foot: $781
• Predicted market value: $1,774,953
• 3-month moving average: $1,758,151 (predicted value is trending up)
• Estimated rent: $6,268 per month
• Rental yield: 3.88%
• Neighbourhood growth: 0.00% year over year
• Growth rank: 38 out of 54 neighbourhoods in North Vancouver
• Price rank: 33 out of 47 neighbourhoods in North Vancouver

That growth rank is the number to watch. Sitting at 38 out of 54 puts Northlands houses in the below-average tier on the North Vancouver neighbourhood leaderboard. It is not a freefall - the predicted value is actually creeping up past the 3-month average - but this is not a market where you can sit back and expect the tide to lift your price automatically.

Condos

Condos are a more interesting story. The HonestDoor Price for condos sits at $975,290, down 1.29% from last period. But here is the flip side: condos rank 11 out of 48 neighbourhoods for growth in North Vancouver. That puts Northlands condos firmly in the above-average tier on the leaderboard. For price, we rank 3 out of 20 - meaning we are among the most expensive condo markets in the city.

• Average HonestDoor Price: $975,290 (down 1.29%)
• Average sale price: $998,000
• Price per square foot: $934
• Predicted market value: $988,009
• 3-month moving average: $952,083 (predicted value is trending up)
• Estimated rent: $4,179 per month
• Rental yield: 2.91%
• Recent value change: 2.17%
• Growth rank: 11 out of 48 neighbourhoods in North Vancouver
• Price rank: 3 out of 20 neighbourhoods in North Vancouver

Only 1 condo sold last month, so take the sale data with a grain of salt. But the predicted value climbing past the 3-month average, combined with a strong growth rank, suggests condo owners here are in a better spot than the headline HonestDoor dip might imply.

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

Your BC Assessment was calculated using data from July 1st of last year. A lot has changed since then. The HonestDoor Price pulls from real-time market signals - recent sales, current demand, what buyers are actually paying today. In Northlands, that difference is not trivial. For houses, the HonestDoor Price is running 4.92% below the assessed value. That is nearly $89,000 of gap between what the government thinks your home is worth and what a buyer might actually write a cheque for.

If you are pricing a listing based on your assessment, you could be setting yourself up for a long, frustrating time on market. Check your HonestDoor Price first. It is the real-world number - not the government's snapshot from six months ago.

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

Here is the straight talk for Northlands homeowners eyeing a summer sale.

For house sellers, the market is taking a breather. Prices are essentially flat, sales volume is thin, and your HonestDoor Price is running below assessment. That does not mean do not sell - it means price it right from day one. Buyers in this price range are doing their homework. If you come in at $1.8M because that is what your assessment says, and the HonestDoor data and recent sales are pointing to $1.65M-$1.77M, you will sit. Summer inventory typically rises, which means more competition for you.

For condo sellers, the picture is a bit brighter. You are in one of the pricier and faster-growing condo markets in North Vancouver. The predicted value is trending up, and at $934 per square foot you are holding your own against nearby neighbourhoods. Parkgate condos are selling at $1,075,000 on average - slightly above Northlands - so know your competition and price accordingly.

• Nearby comparison - McCartney Woods houses: HonestDoor Price $2,153,617, rental $7,262
• Nearby comparison - Parkway houses: HonestDoor Price $1,790,034, rental $6,185
• Nearby comparison - Parkgate condos: HonestDoor Price $909,302, average sale $1,075,000

Bottom line: do not let a stale assessment number give you false confidence. Pull your HonestDoor Price, compare it to what is actually selling nearby, and go into any listing conversation with eyes open. That is how you come out ahead in a market like this one.

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.