Tbd6, Vernon - October 2026 Real Estate Report
Tbd6, Vernon: Your Neighbour Just Got a Surprise on Their Assessment - Here Is What Is Actually Going On
The Vibe Right Now
If you have been watching the "For Sale" signs in Tbd6, Vernon, here is what is actually happening. This neighbourhood moved more properties than anywhere else in Vernon in 2026 - 215 house transactions and 54 condo deals, both ranking number 1 in the city for total transactions. That is not a quiet market. That is a busy one.
But busy does not always mean simple. Houses and condos are telling two very different stories right now, so let us break them down.
Houses - Strong Sales, But Watch the Trend
The average house sale price hit $793,222 last month - up 24.3% from the month before. That is a big jump. Listings are sitting at $810,069 on average, and buyers are paying about 97.25% of asking price. So yes, there is negotiating room, but sellers are still getting close to what they want.
- Average sale price: $793,222 (up 24.3% month over month)
- Average list price: $810,069
- Price per square foot: $358
- Sale-to-list ratio: 97.25%
- Properties sold last month: 36 (up 16.1%)
- Average days on market: 67
- Predicted market value: $752,889
- Rental yield: 5.22%
- Estimated monthly rent: $3,356
Houses are selling faster here than in East Bella Vista Highlands (85 days), which is a good sign for demand. Tourist Commercial Waterfront is moving quicker at 46 days, so we are not the fastest in the area - but we are not slow either. The one thing to watch: the predicted market value of $752,889 is dipping slightly below the 3-month moving average of $754,425, and recent price change is sitting at -1.24%. The market is not crashing - it is taking a breather after a hot run.
On the neighbourhood leaderboard, houses in Tbd6 rank 5 out of 9 for growth in Vernon - right in the middle of the pack. Days on market rank is a solid 3 out of 9, meaning we are moving properties at a moderately fast pace compared to the rest of the city.
Condos - High Prices, Slower Sales, Big Opportunity for Landlords
The condo story here is a bit wild. The average HonestDoor Price for a condo in Tbd6 is $869,175 - ranking number 1 in all of Vernon for assessed value. The average sale price came in at $376,075 last month, up 32.5%, with listings averaging $387,762. Buyers are paying 96.82% of list price.
- Average condo sale price: $376,075 (up 32.5% month over month)
- Average list price: $387,762
- Price per square foot: $379
- Sale-to-list ratio: 96.82%
- Properties sold last month: 8
- Average days on market: 137
- Predicted market value: $902,846
- Rental yield: 3.67%
- Estimated monthly rent: $3,202
- Airbnb rank in Vernon: 2nd
The catch? Condos are sitting for 137 days on average. That is the slowest in Vernon, ranking 5 out of 5 for days on market. Compared to East Bella Vista Highlands at 85 days, our condos are taking nearly twice as long to sell. If you are a condo seller, patience is part of the plan right now. The predicted value of $902,846 is also sliding from the 3-month moving average of $928,908, with a recent price change of -2.68%. The market is cooling for condos.
That said, condo growth ranks 2 out of 7 in Vernon - above average on the leaderboard. And if you are thinking about renting, $3,202 a month in estimated rent is nothing to ignore. The Airbnb potential also ranks 2nd in the city, so short-term rental investors should be paying attention to this neighbourhood.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing about government assessments - they are a snapshot from months ago, sometimes longer. The average assessed value for a house in Tbd6 is $724,708. But the average HonestDoor Price is $747,128. That is a $22,420 gap, and it reflects what the market is actually doing right now - not what a bureaucrat recorded last year.
For condos, the gap is even more dramatic. The average assessed value is $342,286, but the HonestDoor Price is $869,175. That is 153.93% higher than the assessment. If you are a condo owner making any kind of financial decision - refinancing, selling, even just understanding your net worth - relying on that assessment number is leaving you with a completely distorted picture.
The HonestDoor Price updates in real time using actual transaction data. It is the real-world check that your tax notice simply cannot give you.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Tbd6 and you are thinking about listing this summer, the timing is not bad - but it is not a slam dunk either. Sale prices jumped hard last month, demand is real, and you are in a neighbourhood that leads Vernon in total transactions. That means buyers are here. The negotiating gap is small - you are likely to get within 3% of your asking price if you price it right.
The caution: predicted values are ticking down slightly, and growth ranks in the middle of the city leaderboard. Price it sharp, not greedy, and you will move it in a reasonable timeframe.
If you own a condo, summer selling takes more patience. With 137 average days on market, you need to get ahead of the timeline. List earlier than you think you need to. The good news is that condo prices are above average for Vernon, and the rental demand is strong - so if you do not sell immediately, holding and renting is a genuinely solid backup plan at $3,202 a month.
Either way, the first step is checking your HonestDoor Price at honestdoor.com. Do not let an outdated assessment be the number you are making decisions from. The real number - the one that reflects today's market - is already waiting for you.
tbd6 | 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.