Parkway, North Vancouver - September 2026 Real Estate Report

Parkway, North Vancouver: Prices Are Holding, But the Market Is Taking a Breather

If you own a home in Parkway and you have been quietly wondering whether now is the time to make a move, here is the honest read on what is happening right now - no spin, no fluff.

The Vibe: Houses vs. Condos in Parkway

Let us start with houses. The average sale price is sitting at $1,478,000, and at $828 per square foot, we are not exactly in bargain territory. Only 1 house sold recently, which tells us the market is quiet - not dead, just slow. The HonestDoor Price for houses is $1,764,159, but that number is sliding. It is down 1.45% recently and tracking below the 3-month moving average of $1,792,979. On the neighbourhood leaderboard, Parkway houses rank 51 out of 52 for growth in North Vancouver. That is bottom of the pack, and we should not pretend otherwise.

Condos tell a slightly different story. The average sale price is $755,000, or about $709 per square foot. Again, 1 unit sold recently - slow, but steady. The HonestDoor Price for condos is $921,088, which is also dipping below the 3-month moving average of $924,282. Values have shifted -1.83% recently. On the leaderboard, condo growth ranks 31 out of 48 - below average, but nowhere near the basement. On price, condos rank 10 out of 21 in North Vancouver, which means we are sitting above average in value compared to similar neighbourhoods.

• House HonestDoor Price: $1,764,159 - down 1.45% recently
• House average sale price: $1,478,000 at $828 per sq ft
• House rental estimate: $6,142 per month - rental yield of 3.91%
• House growth rank: 51 out of 52 in North Vancouver
• Condo HonestDoor Price: $921,088 - down 1.83% recently
• Condo average sale price: $755,000 at $709 per sq ft
• Condo rental estimate: $4,010 per month - rental yield of 3.01%
• Condo growth rank: 31 out of 48 in North Vancouver

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

Here is the thing about your BC Assessment number. It is a snapshot from last July. A lot has happened since then. The HonestDoor Price for houses in Parkway is $1,748,151 on average - that is 2.71% higher than what the city has on file. For condos, the HonestDoor Price of $911,862 runs 2.65% above the average assessed value. That gap is real money.

If you are basing any financial decision - refinancing, listing price, estate planning - on your assessment alone, you are working with old data. The HonestDoor Price updates in real time using actual market signals. Think of it as the real-world check against a number the government calculated months ago when the market looked different.

• Average house assessed value: $1,702,018 - HonestDoor Price: $1,748,151 (2.71% higher)
• Average condo assessed value: $888,335 - HonestDoor Price: $911,862 (2.65% higher)
• 348 houses assessed this year across Parkway
• 159 condos assessed this year across Parkway

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

If you are a homeowner in Parkway weighing a summer sale, here is the straight talk. Prices are not crashing, but they are not climbing either. With a growth rank of 51 out of 52 for houses, Parkway is one of the slower-moving pockets in North Vancouver right now. That means buyers have options, and they know it.

The good news is that nearby Parkgate is cheaper, and Roche Point is significantly pricier at a HonestDoor Price of $2,400,577 for houses. That puts Parkway in a reasonable middle ground - not the cheapest option, but not the most expensive either. Buyers priced out of Roche Point are looking your way.

For condo owners, the picture is a bit more competitive. You are priced above Parkgate and in the same conversation as Indian River. With only 5 condo transactions recorded in 2026 so far, inventory is tight, which can work in your favour if you price it right.

Bottom line - if you are selling this summer, do not anchor your expectations to last year's assessment. Pull your HonestDoor Price, understand where Parkway sits on the leaderboard right now, and price with the current market in mind. A well-priced home in a slow market still sells. An overpriced one just sits.

• Total house transactions in 2026 so far: 2
• Total condo transactions in 2026 so far: 5
• Parkway total transaction rank in North Vancouver: 5 - one of the most active by volume
• Nearby comparison - Roche Point houses: $2,400,577 - Parkgate houses: $1,389,856
• Airbnb potential: $305 per night for houses - $199 per night for condos

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.