Tempe, North Vancouver - August 2026 Real Estate Report

Tempe, North Vancouver: What Your Home Is Actually Worth Right Now

If you live in Tempe and your last gut-check on your home's value was the city's tax assessment, it's time for a real conversation. The numbers have shifted - and not by much, but enough to matter if you're thinking about making a move.

The Vibe: Houses vs. Condos - Two Very Different Stories

We're seeing a split market in Tempe right now, and it depends entirely on what you own.

Houses are taking a breather. The average sale price sits at $1,800,000, with a price per square foot of around $984. The HonestDoor Price for houses is $2,047,526 - but that number is drifting down slightly from the 3-month moving average of $2,058,070, and values have dipped about 1.27% recently. Only 1 property sold in 2026 so far, which means we don't have a flood of data to work with - but the signal is clear: house prices in Tempe are flat to slightly soft right now.

• Average house sale price: $1,800,000
• Price per square foot: $984
• HonestDoor predicted value: $2,047,526
• 3-month moving average: $2,058,070
• Recent value change: -1.27%
• Estimated monthly rent: $6,949
• Rental yield: 3.66%
• Growth rank: 9 out of 52 neighbourhoods in North Vancouver

That growth rank is worth pausing on. Even with prices softening a touch, Tempe houses rank 9th out of 52 comparable neighbourhoods in North Vancouver for growth. That puts us in the top tier of the leaderboard - which matters when buyers are comparing their options across the city.

Condos are a completely different story. The HonestDoor Price for condos is $2,510,615 - up 0.97% from the previous period - and the predicted market value is $2,593,422, which is actually climbing above the 3-month moving average of $2,543,417. Values have moved up 2.29% recently. Tempe condos rank 20th out of 48 neighbourhoods for growth, putting us solidly above average in North Vancouver.

• HonestDoor Price (condos): $2,510,615
• Recent change: +0.97%
• Predicted market value: $2,593,422
• 3-month moving average: $2,543,417
• Recent value change: +2.29%
• Estimated monthly rent: $7,392
• Rental yield: 2.49%
• Airbnb rank in North Vancouver: 3rd
• Growth rank: 20 out of 48 neighbourhoods in North Vancouver

If you own a condo in Tempe, the momentum is on your side right now. That Airbnb rank of 3rd in all of North Vancouver is also a serious number - short-term rental income potential here is near the top of the city.

The Secret Sauce: Why Your HonestDoor Price Beats Waiting for the Next Assessment

Here's the thing about the city's assessed value - it's a snapshot from the past. The average assessed value in Tempe is $2,042,804 for houses. The HonestDoor Price right now is $2,042,295. Those numbers are nearly identical - a difference of just 0.02% - but that's almost a coincidence. Assessments are locked in once a year. The HonestDoor Price updates in real time.

That means if the market shifts tomorrow - a rate cut, a surge in listings, a slow month - your assessment won't catch it. Your HonestDoor Price will. For anyone in Tempe trying to figure out what their home is actually worth today, not six months ago, the HonestDoor Price is the number to watch. Think of it as the real-world check against a static government number that was never designed to help you make a financial decision in the present.

With 612 properties assessed in Tempe this year, there's a solid base of data behind these numbers. This isn't a thin market guess - it's a well-tracked neighbourhood.

The "So What?" - Should You Sell in Tempe This Summer?

If you own a house in Tempe and you're thinking about selling this summer, the honest answer is: the window is open, but it's not getting wider. Prices are essentially flat, the 3-month trend is slightly down, and transaction volume is low. That's not a disaster - it's a quiet market. Buyers who are serious are still out there, and Tempe's top-10 growth rank means you're not selling in a neighbourhood that's losing ground. But if you were hoping for a bidding war, this probably isn't that moment.

If you own a condo, the case for selling is stronger right now. Values are trending up, the predicted price is above the recent moving average, and Tempe condos are outperforming most of the city. Summer is typically when buyer activity picks up, and you'd be listing into a rising trend rather than fighting one.

Either way, check your HonestDoor Price before you call an agent. Knowing the real-time number - not last year's assessment - puts you in a much better position at the negotiating table.

• Nearby comparison - Boundary: HonestDoor Price $1,962,259, rental $6,716
• Nearby comparison - Grand Boulevard: HonestDoor Price $2,276,417, rental $7,542
• Nearby comparison - Kirkstone: HonestDoor Price $1,920,613, rental $6,611

Tempe sits above Boundary and Kirkstone on price, and below Grand Boulevard. If buyers are being priced out of Grand Boulevard, Tempe is the logical next stop - and that's a quiet tailwind worth knowing about.

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.