Tbd5, Vernon - September 2026 Real Estate Report

Tbd5, Vernon: Your Neighbours Are Watching These Numbers Closely

The Vibe Right Now

If you own a home in Tbd5, Vernon, here is the honest picture. This is one of Vernon's pricier pockets - ranked 2nd out of 9 neighbourhoods for house prices and 3rd for Airbnb income potential. That is not nothing. But the market is clearly taking a breather, and the numbers back that up.

Houses: What is Actually Happening

The average sale price for houses landed at $1,080,900 this period - down 16.8% from last month. Only 1 property sold, and it sat on the market for 57 days before finding a buyer. Homes are selling at roughly 94 cents on the dollar, meaning buyers are negotiating and winning. That is a buyers' market signal you should not ignore.

• Average sale price: $1,080,900
• Average list price this month: $1,150,000
• Price per square foot: $440
• Sale-to-list ratio: 93.99% - buyers are paying below asking
• Average days on market: 57
• Predicted market value (HonestDoor): $1,059,706
• 3-month moving average: $1,040,061 - trending up slightly
• Estimated monthly rent: $4,350
• Rental yield: 4.60%
• Neighbourhood growth rank: 3rd out of 9 in Vernon

The 3-month moving average is actually climbing toward that predicted value, which tells us the floor is holding even if the top-end sales are softening. Growth is ranked 3rd on the Vernon neighbourhood leaderboard - above average, but not leading the pack.

Condos: A Quieter Story

Condos in Tbd5 are sitting at an average HonestDoor Price of $549,371, down 3.28% from the previous period. The predicted market value is $568,021, which is nudging above the 3-month moving average of $567,088 - a small but positive sign. Rental yield comes in at 3.71%, which is moderate. Not a home run, but steady.

• Average HonestDoor Price: $549,371
• Predicted market value: $568,021
• 3-month moving average: $567,088
• Estimated monthly rent: $2,811
• Rental yield: 3.71%
• Airbnb estimate: $136 per night
• Growth rank: 3rd out of 7 condo neighbourhoods in Vernon - above average

Compared to nearby neighbourhoods, East Bella Vista condos average $272,209 and East Bella Vista Highlands sit at $464,368. Tbd5 condos are priced higher, so if you own one, you are sitting in a premium position relative to your neighbours.

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

Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know what sold last week or what buyers are actually offering right now. The HonestDoor Price is updated in real time using current sales data, market trends, and what comparable homes are actually fetching.

In Tbd5, the average HonestDoor Price for houses is $1,035,268 - that is 2.69% higher than the average assessed value of $1,008,133. That gap is real money. If you are making any decision about selling, refinancing, or even just understanding your net worth, the HonestDoor Price is the number that reflects today's market - not last year's paperwork.

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

Straight talk: if you are planning to list this summer, the window is not wide open, but it is not closed either. Here is how to read the room.

• Prices are softer than a few months ago - buyers know it and they are negotiating hard
• 57 days on market means you need to price sharp from day one - overpricing will cost you time and leverage
• The predicted value of $1,059,706 is above the 3-month average, which suggests the market is not in freefall - it is stabilizing
• With 801 assessed properties and only 21 transactions in 2026, inventory is not flying off the shelf
• Your rental income potential ($4,350/month for houses) is a strong selling point for investor buyers - lead with that

The neighbours in North Vernon, East Bella Vista, and East Bella Vista Highlands are all cheaper and growing faster right now. That matters because buyers comparison-shop. Your pitch has to be about what Tbd5 offers that those neighbourhoods do not - and at $440 per square foot, you are selling a premium product in a market that is asking questions.

Price it right, know your real number, and do not rely on last year's assessment to set your expectations. Check your HonestDoor Price first - that is where the conversation starts.

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.