Northridge, Squamish - August 2026 Real Estate Report

Northridge, Squamish: Your Home Is Worth More Than the City Thinks - But the Window May Be Narrowing

The Vibe Right Now

If you have been watching the "For Sale" signs in Northridge lately, here is what is actually happening. The neighborhood is holding strong on price, but momentum has shifted. Values are drifting down slightly, and on the neighborhood leaderboard for growth, Northridge houses rank 11 out of 11 in Squamish. Dead last. That is not a panic signal - it just means this is a market where timing your move matters more than it did a year ago.

The good news? Northridge still ranks number 1 out of 8 for price among comparable Squamish neighborhoods. We are sitting at the top of the price table even while growth takes a breather. That combination - high value, slowing momentum - is exactly the situation where knowing your real number becomes critical.

Houses: Still the Most Expensive Address in Squamish

Here is the snapshot for houses in Northridge right now:

• Average sale price: $1,575,000
• Price per square foot: $606
• HonestDoor predicted market value: $1,468,266
• 3-month moving average: $1,476,818 (values are trending down from this)
• Estimated monthly rent: $5,440
• Rental yield: 4.13%
• Recent value change: -1.22%
• Properties sold last month: 1

Volume is thin - only 1 sale last month. That keeps the average sale price looking healthy at $1,575,000, but a single sale does not make a trend. The predicted market value of $1,468,266 is already slipping below the 3-month average of $1,476,818. That is the direction of travel right now, and it is worth paying attention to.

For landlords or anyone thinking about renting out, $5,440 per month in estimated rent with a 4.13% yield is a solid return for Squamish. Not life-changing, but respectable for a mountain town with real demand.

Condos: Affordable Entry Point, But Also Cooling

Condos in Northridge tell a different story. We are the most affordable condo option in Squamish - ranking 5 out of 5 on price - and values have taken a harder hit recently. Here is where things stand:

• Average sale price: $314,900
• Price per square foot: $437
• HonestDoor predicted market value: $397,820
• 3-month moving average: $406,813 (also trending down)
• HonestDoor Price (neighbourhood average): $422,014 - up 6.08% from the previous period
• Estimated monthly rent: $2,081
• Rental yield: 4.03%
• Recent value change: -3.58%
• Growth rank: 7 out of 8 in Squamish

The interesting wrinkle here is that the neighbourhood-level HonestDoor Price for condos is actually up 6.08% - a bright spot in an otherwise cautious picture. But the predicted value for individual properties is sliding, down 3.58% recently and sitting below the 3-month average. If you own a condo in Northridge, that gap is worth understanding before you make any decisions.

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

Here is the thing about your city assessment. It was calculated months ago using data that is even older than that. It is a snapshot of a market that no longer exists. The average assessed value for a Northridge house sits at $1,373,385. The average HonestDoor Price is $1,453,645. That is a difference of roughly $80,000 - and the HonestDoor Price is updated in real time using actual market signals, not a government formula that runs once a year.

Put it this way: if you walked into a negotiation using only your tax assessment as your anchor, you could be leaving $80,000 on the table before the conversation even starts. The HonestDoor Price is the real-world check. It reflects where the market actually is, not where it was when a city assessor last looked at your street.

With values now trending downward - houses off 1.22% recently and condos off 3.58% - the gap between your assessment and your true current value is shifting. Checking your HonestDoor Price today gives you the most accurate read available without waiting for next year's assessment to catch up.

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

If selling is on your radar for summer 2025, here is the honest take for Northridge.

For house owners, you are still sitting at the top of the Squamish price rankings. That is real leverage. But with growth ranked last in the neighbourhood leaderboard and values ticking down month over month, the market is not getting stronger while you wait. Nearby Valleycliffe has an average HonestDoor Price of $1,645,340 and is growing faster. Buyers who want mountain living have options, and they know it.

For condo owners, the picture is more urgent. A -3.58% recent value change and a growth rank of 7 out of 8 means the window for peak pricing may already be behind us. The average sale price of $314,900 is still a real entry point for buyers, which means demand exists - but pricing it right from day one matters more than it did when everything was moving up automatically.

The bottom line for both: Northridge is not in freefall. It is a high-value neighbourhood taking a breather. But "taking a breather" in a market with thin sales volume and downward trending predictions means the sellers who move with accurate, current data - not last year's assessment - are the ones who come out ahead. Check your HonestDoor Price, understand where you actually stand, and make the call from there.

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.