Predator Ridge, Vernon - July 2026 Real Estate Report

Predator Ridge Is Still Sitting at the Top of Vernon's Real Estate Leaderboard - But the Condo Side Needs a Closer Look

If you own property in Predator Ridge, you already know this neighbourhood punches above its weight. But right now, there's a real split happening between houses and condos - and knowing which side of that line you're on could be worth a lot of money this summer.

The Vibe: Houses vs. Condos

Houses - Still the Crown Jewel

We are sitting in the top spot in Vernon for neighbourhood growth, ranking 1 out of 9 comparable areas. That is not a small thing. While other parts of the city are cooling off, Predator Ridge houses are holding their ground.

• Average sale price: $1,405,300
• Current average listing price: $1,450,000
• Price per square foot: $497
• Homes are selling at 96.92% of list price - buyers are close, but they are negotiating
• Average days on market: 130 days - this ranks 8 out of 9 in Vernon, so patience is required
• Estimated monthly rent: $5,126 with a rental yield of 4.34%
• Airbnb potential: $255 per night - ranked number 1 in all of Vernon for short-term rental income

The honest read here? Houses are not flying off the shelves - 130 days on market is slow, and only 1 sale happened this month. But the prices are not falling either. The predicted market value of $1,364,775 is actually ticking up from the 3-month moving average of $1,360,571. This market is not in a rush, but it is not retreating.

Condos - Taking a Breather

The condo side of Predator Ridge is a different story right now, and we should be straight about it. The average sale price dropped 40.4% from last month to $245,367. The HonestDoor Price for condos has slid 3.07% from the previous period. The predicted market value of $446,934 is also drifting down from the 3-month moving average of $454,274.

• Average HonestDoor Price: $433,195
• Average sale price this month: $245,367
• Current average listing price: $289,900
• Price per square foot: $332
• Properties selling at 95.60% of list price
• Average days on market: 50 days
• Estimated monthly rent: $2,248 with a rental yield of 3.92%
• Growth rank: 5 out of 7 in Vernon - below average

Three condo sales happened this month, which shows there is still activity. But the price gap between the HonestDoor Price and the actual sale prices is wide right now. If you own a condo here, this is the moment to pay close attention - not panic, but pay attention.

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

Here is the thing about your city assessment. It is a snapshot from months ago, calculated on data that is already stale by the time it lands in your mailbox. For houses in Predator Ridge, the average assessed value sits at $1,264,146. The average HonestDoor Price is $1,364,785 - that is 7.96% higher than what the city says your home is worth.

That gap is real money. We are talking roughly $100,000 in value that your tax assessment is not capturing. The HonestDoor Price updates in real time using actual market signals, not a once-a-year government calculation. If you are making any decision about selling, refinancing, or even just understanding your net worth, the HonestDoor Price is the number that reflects what a buyer would actually pay today.

For condo owners, the HonestDoor Price of $433,195 is also a useful anchor - especially when sale prices this month came in well below that. It tells you the underlying value is still there, even if short-term transaction prices are soft.

The So What - Thinking About Selling This Summer?

If you own a house in Predator Ridge and you are thinking about listing this summer, here is the real talk. You are in the number 1 growth neighbourhood in Vernon. Your Airbnb income potential is the best in the city. Buyers from outside the area are drawn here specifically because nothing else in Vernon compares on price or lifestyle. The catch is that 130-day average days on market. Price it right from day one. Homes that chase the market down take longer and cost more in the end.

Compare that to nearby options for buyers - Bella Vista West is sitting at an average HonestDoor Price of $1,099,910, Tourist Commercial Waterfront at $847,934, and Tbd6 at $747,128. Every one of those neighbourhoods is cheaper and growing slower than us. That is your selling story. Predator Ridge is not just a home - it is the top-ranked option in Vernon for buyers who want value growth and short-term rental upside.

If you own a condo here, summer 2025 is a moment to be strategic, not rushed. The market is softer, days on market are creeping up, and prices are adjusting. If you do not need to sell, holding and renting at $2,248 per month while the market finds its floor is a reasonable play. If you do need to sell, price it to move - buyers right now have options and they know it.

Bottom line - Predator Ridge houses are still the strongest play in Vernon. Condos need a reset in expectations. Either way, check your HonestDoor Price before you make any move. It is the most current number you have got.

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.