Predator Ridge, Vernon - October 2026 Real Estate Report
Predator Ridge Is Still Vernon's Priciest Address - But the Market Is Sending Mixed Signals
If you own a home in Predator Ridge, you already know this neighbourhood punches above its weight. But right now, the numbers are telling a more nuanced story than just "prices are high." Here is what is actually going on, broken down for houses and condos separately - because they are behaving very differently.
The Vibe: Houses vs. Condos
Houses - Strong Prices, Slow Sales
We are sitting at an average sale price of $1,218,817 for houses this month - up 10.3% from last month. That sounds great on the surface. But here is the catch: homes are sitting on the market for an average of 183 days. That is a long time. In fact, days-on-market ranks 9 out of 9 in Vernon, meaning our houses are the slowest-selling in the city right now. Buyers are interested, but they are not in a rush.
The sale-to-list ratio is sitting at 97.37%, so buyers are getting a small discount off asking price. Listings are averaging $1,335,600 this month, and price per square foot is around $512. The market is not falling apart - it is just taking a breather. Sellers need to price sharp and be patient.
- Average sale price (houses): $1,218,817 - up 10.3% month over month
- Average list price: $1,335,600
- Price per sq ft: $512
- Sale-to-list ratio: 97.37% - buyers are paying slightly below ask
- Days on market: 183 days - ranked last (9 of 9) in Vernon
- Properties sold this month: 6
- Growth rank: 4 out of 9 in Vernon - above average
- Price rank: 3 out of 9 in Vernon - above average
Condos - Affordable Entry, But Values Are Slipping
Our condo market tells a different story. The average sale price is $241,275, and condos are moving faster - averaging just 50 days on market. That is relatively quick compared to houses, though still a touch slower than nearby Tourist Commercial Waterfront at 46 days. Four condos sold this month, and buyers are paying about 95.66% of list price.
The concern here is the predicted value has dropped 2.69% recently, and the 3-month moving average is trending down from $434,062 to $428,583. Condos rank 5 out of 5 on price in Vernon - meaning they are the most affordable condo option in the city. That is good news for buyers, but something to watch if you own one.
- Average sale price (condos): $241,275
- Average list price: $289,900
- Price per sq ft: $376
- Sale-to-list ratio: 95.66% - buyers negotiating below ask
- Days on market: 50 days
- Properties sold this month: 4
- Predicted value: $428,583 - down from 3-month average of $434,062
- Growth rank: 3 out of 7 in Vernon - above average
- Price rank: 5 out of 5 - most affordable condos in Vernon
The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment
Here is the thing most Predator Ridge homeowners do not realize. The city assessed the average house here at $1,264,146. But the HonestDoor Price - which updates in real time using actual market activity - puts that same house at $1,363,868. That is a gap of nearly $100,000, or 7.89% higher than what the government says your home is worth.
Your tax assessment is a snapshot from the past. It does not know what sold on your street last month. The HonestDoor Price does. For condos, the HonestDoor Price is $435,206 - up 1.55% from the previous period - while the predicted market value sits at $428,583. These are the numbers that reflect what a buyer would actually pay today, not what a government office calculated months ago.
Predator Ridge also holds the number 1 Airbnb rank in all of Vernon and the number 1 rank for average assessed value in the city. That is not a coincidence - this neighbourhood has real demand behind it. Checking your HonestDoor Price right now gives you a real-world anchor before you make any decisions.
The "So What?" - Thinking About Selling This Summer?
If you are a house owner eyeing a summer sale, the opportunity is real but the strategy matters. Prices are high - Predator Ridge ranks 3 out of 9 in Vernon for price - and your HonestDoor Price likely sits well above your last tax assessment. The rental estimate of $5,131 per month and Airbnb potential of $255 per night mean buyers see income potential here too, which keeps demand alive.
The honest reality is that 183 days on market is a long runway. Price it right from day one. Buyers in this range are doing their homework, and they will wait you out if you start too high. The 97.37% sale-to-list ratio tells us there is room to negotiate - so do not leave money on the table by overpricing and then chasing the market down.
For condo owners, the window is tighter. Values have slipped 2.69% recently and the trend is pointing down. If selling is on your radar, sooner is likely better than later. The good news is condos here are moving in about 50 days, which is manageable.
Bottom line - Predator Ridge is still Vernon's top address. But the market right now rewards sellers who are realistic, not optimistic. Check your HonestDoor Price, compare it to your assessment, and use that gap as your starting point for any conversation with an agent.
predator ridge | vernon | october 2026This 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.