Predator Ridge, Vernon - August 2026 Real Estate Report

Predator Ridge, Vernon: Your Home Is Worth More Than the City Thinks

If you own property in Predator Ridge and you have not checked your HonestDoor Price lately, you are leaving real money on the table. The city's assessment says the average home here is worth $1,264,146. The actual market says otherwise - and the gap is significant.

The Vibe: What Is Really Happening in Our Neighbourhood

Predator Ridge sits at the top of the Vernon market. The average assessed value ranks number one in the city. Airbnb income potential ranks number one in the city. That is not a coincidence - this is one of the most in-demand addresses in the entire region. But the two property types here are telling very different stories right now, so let us break them down.

Houses: Premium Address, Patient Sellers

If you have been watching the "For Sale" signs on the Ridge, here is what is actually happening. Houses are sitting on the market for an average of 122 days. That is a long time. Buyers are paying about 96.57% of list price, which means they are negotiating, and they are winning. The average sale price this month came in at $967,060 - down 31.2% from last month. That is a sharp single-month drop and a clear signal that the house market is taking a breather.

• Average sale price (this month): $967,060
• Average list price (this month): $1,001,780
• Price per square foot: $452
• Average days on market: 122
• Sale-to-list ratio: 96.57%
• Properties sold this month: 5
• Growth rate rank in Vernon: 8 out of 9

That growth rank is worth paying attention to. On the neighbourhood leaderboard, Predator Ridge houses are sitting near the bottom for price growth right now - 8th out of 9 comparable neighbourhoods. That does not mean the address lost its value. It means the short-term momentum has stalled. The predicted market value of $1,364,785 is still ticking up slightly past the 3-month moving average of $1,360,536, which tells us the long-term floor is holding.

Condos: Steadier, But Also Cooling

The condo side of Predator Ridge is a different animal. Fewer days on market - averaging 50 days compared to 122 for houses - and a more stable sales picture. Four condos sold this month, and prices have been essentially unchanged. But here is the number that deserves a second look: the predicted market value of $433,195 is actually sitting below the 3-month moving average of $441,538. Values have dipped 3.07% recently, and the growth rank lands at 6 out of 7 comparable neighbourhoods. That puts condos near the bottom of the leaderboard too.

• Average sale price: $241,275
• Average list price: $289,900
• Price per square foot: $376
• Average days on market: 50
• Sale-to-list ratio: 95.60%
• Properties sold this month: 4
• Rental yield: 3.94%
• Growth rate rank in Vernon: 6 out of 7

Buyers are paying 95.60% of list price on condos, so they are negotiating here too. If you are a condo owner thinking about timing, the data is nudging you to move sooner rather than later while the predicted value is still above $430,000.

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here is the thing about your BC Assessment notice. It is a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it is already stale. The market has moved on.

The HonestDoor Price updates in real time using actual transaction data. Right now, the average HonestDoor Price for a Predator Ridge property is $1,379,577 - that is 9.13% higher than the average assessed value of $1,264,146. On a single property, that gap can represent over $115,000 in value that your assessment is simply not capturing. The HonestDoor Price has also moved up 1.08% from the previous period, so the real-world number is still climbing even while short-term sales data shows some softness.

For condos, the HonestDoor Price sits at $440,409, up 1.67% from the previous period. That is the number a buyer's agent is going to look at. Make sure you know it before you price anything.

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

Here is the straight talk for anyone considering a summer sale on the Ridge.

For house sellers - you are in a market where buyers have leverage right now. Properties are taking four months to sell on average, and buyers are coming in below list. That does not mean you cannot get a strong price. It means you need to price sharp from day one. A home sitting at $1,000,000 that sells in 30 days beats a home listed at $1,050,000 that sits for 120 days and takes two price cuts. Use your HonestDoor Price as your anchor, not the assessment.

For condo sellers - the 50-day average is more manageable, but the predicted value is slipping. If you have been on the fence, waiting is not obviously going to reward you here. The growth rank of 6 out of 7 tells us this segment is not leading the market right now.

For everyone - Predator Ridge still holds the number one spot in Vernon for assessed value and Airbnb income potential. The address carries real weight. Compared to nearby neighbourhoods like Bella Vista West (HonestDoor Price $1,117,474) and Tourist Commercial Waterfront ($845,921), we are still in a different price tier. That premium is real. Just make sure your listing price reflects the current market, not last year's optimism.

• Predator Ridge average HonestDoor Price: $1,379,577
• Bella Vista West average HonestDoor Price: $1,117,474
• Tourist Commercial Waterfront average HonestDoor Price: $845,921
• Predator Ridge Airbnb rank in Vernon: 1st
• Predator Ridge assessed value rank in Vernon: 1st
• Total transactions in 2026: 16 houses, 8 condos

Bottom line - Predator Ridge is still the top address in Vernon. But right now, the market rewards sellers who price with current data, not old assumptions. Check your HonestDoor Price, know the gap versus your assessment, and go in with clear eyes.

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.