Northlands, North Vancouver - September 2026 Real Estate Report

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

If you've been glancing at your latest tax assessment and feeling pretty good about yourself, hold on. The city says the average Northlands home is worth $1,807,194. The HonestDoor Price says $1,733,904. That's a $73,000 gap - and in a market that's barely moving right now, that difference matters more than ever.

The Vibe: What's Actually Happening in Our Neighbourhood

Houses

We're in a holding pattern. The average sale price for houses sits at $1,652,500, with only 3 sales last month. Volume hasn't changed much, and neither have prices. The HonestDoor predicted value for houses is $1,727,169 - but that number is slipping. It's already down from the 3-month moving average of $1,740,144, which tells us the direction of travel is south, not north.

• Average sale price: $1,652,500
• Price per square foot: $781
• HonestDoor predicted value: $1,727,169
• 3-month moving average: $1,740,144 (trending down)
• Recent value change: +0.52%
• Estimated monthly rent: $6,146
• Rental yield: 3.91%
• Growth rank: 27 out of 52 neighbourhoods - below average
• Price rank: 30 out of 46 - below average

On the neighbourhood leaderboard, houses in Northlands rank 27th out of 52 for growth. That puts us squarely in the bottom half. We're not in freefall, but we're not leading the pack either. Year-over-year growth is sitting at exactly 0.00%. Flat. If you're waiting for a big price surge to time your sale, the data isn't giving you that signal right now.

How do we stack up against the neighbours? Mccartney Woods houses average $2,199,251 - noticeably pricier. Parkway is close at $1,748,151. Parkgate is the budget option at $1,389,856. Northlands sits comfortably in the middle of the pack on price.

Condos

This is where we need to have an honest conversation. Condo values in Northlands have dropped 8.50% from the previous period. The HonestDoor Price for condos is now $860,449, and the predicted market value is $940,410 - already down from the 3-month moving average of $967,903. That's a clear downward trend over a short window.

• Average sale price: $998,000
• Price per square foot: $934
• HonestDoor predicted value: $940,410
• 3-month moving average: $967,903 (trending down)
• Recent value change: -3.58%
• Estimated monthly rent: $4,042
• Rental yield: 2.99%
• Growth rank: 44 out of 48 neighbourhoods - bottom performers
• Price rank: 4 out of 21 - among the most expensive in North Vancouver

Here's the interesting tension: our condos rank 4th out of 21 for price - we're expensive. But we rank 44th out of 48 for growth. That's a tough combination. High price, low momentum. Only 1 condo sold last month. Nearby Parkgate condos are averaging $1,075,000 on sales and $885,980 on predicted value - both metrics where Northlands condos are trading at a premium that the market isn't fully supporting right now.

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

Your BC Assessment is a snapshot from July 1st of last year. It doesn't know what happened in the market last month. It doesn't know that condo values in Northlands have slid 8.50% recently. It doesn't know that house predicted values are drifting below the 3-month average. The city's number is already stale before the ink dries.

The HonestDoor Price updates in real time using actual sales data, market trends, and comparable properties. Right now, it's telling us something the assessment isn't - that Northlands homes are trading at roughly 4.06% below what the city assessed them for. For a house assessed at $1,807,194, that's not a rounding error. That's real money.

If you're a condo owner, this gap is even more important to watch. An assessment that doesn't reflect an 8.50% recent price drop could lead you to make decisions - on pricing, on timing, on whether to sell or hold - based on a number that no longer exists in the real world.

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

Here's the straight talk for anyone in Northlands weighing a summer sale.

For house sellers - you're in a reasonable spot, but don't get greedy. The market isn't rewarding overpriced listings right now. With only 3 sales last month and values drifting down from their 3-month average, buyers have options and they know it. Price sharp from day one. A house that sits gets stigmatized fast in a slow market. Your HonestDoor Price of $1,727,169 is a more honest starting point than the city's $1,807,194 assessment.

For condo sellers - the urgency is higher. A -3.58% recent value change and a growth rank of 44 out of 48 are not numbers that suggest waiting will reward you. If you're thinking about selling, sooner is likely better than later. Check your HonestDoor Price now, not in six months.

For everyone else - Northlands is a stable, mid-to-upper-tier neighbourhood with solid rental potential (houses at $6,163 per month, condos at $3,804 per month). If you're holding long term, the fundamentals are fine. But if you're expecting a quick price pop to bail you out, the neighbourhood leaderboard data says don't count on it.

Bottom line: Northlands is not a neighbourhood in crisis. It's a neighbourhood taking a breather. Know your real number, price accordingly, and don't let a year-old government assessment make your decisions for you.

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.