Tempe, North Vancouver - July 2026 Real Estate Report

Tempe, North Vancouver: Your Neighbour Just Got a Price Check - Here's What It Says

If you own a home in Tempe and you're still looking at your BC Assessment notice to figure out what your place is worth, it's time for an update. The city's number is already months old the moment it lands in your mailbox. Here's what's actually happening on the ground right now.

The Vibe: What the Market Is Doing in Tempe

Tempe is a mid-sized neighbourhood with 612 assessed properties, and the market is taking a breather. Neighbourhood growth is down 0.03% year over year - not a freefall, but a signal worth watching. Here's how houses and condos are splitting the story.

Houses in Tempe

For those of us with detached homes, the numbers are holding steady. The average sale price sits at $2,100,000, essentially unchanged from last month. Price per square foot is around $1,738, which tells you this market still commands serious money per inch of floor space.

• Average Sale Price: $2,100,000
• Price Per Square Foot: $1,738
• Predicted Market Value (HonestDoor): $2,073,764
• 3-Month Moving Average: $2,037,206 - and our predicted value is climbing above it
• Estimated Monthly Rent: $7,017
• Rental Yield: 3.64%
• Airbnb Income Potential: approximately $349 per month
• Recent Value Change: up 1.02%
• Growth Rank: 27 out of 54 neighbourhoods in North Vancouver - right in the above-average tier
• Price Rank: 16 out of 47 - this is an above-average priced neighbourhood, full stop

One property sold last month. That's a thin slice of data, so we don't read too much into a single transaction. What matters more is that the predicted value is trending upward against the 3-month average. That's a quiet positive signal in a market that's otherwise catching its breath.

Condos in Tempe

Here's where Tempe gets interesting. If you own a condo here, you're sitting in rare air. The average HonestDoor Price for condos is $2,510,615 - and it's up 0.97% from the previous period. That's not a typo. Tempe condos rank 3rd in all of North Vancouver for Airbnb potential, and 14th out of 48 neighbourhoods for growth. That's a strong leaderboard position.

• Average HonestDoor Price: $2,510,615 (up 0.97%)
• Predicted Market Value: $2,535,363
• 3-Month Moving Average: $2,505,045 - and we're above it
• Estimated Monthly Rent: $7,341
• Rental Yield: 2.51%
• Airbnb Nightly Rate Estimate: $361
• Airbnb Income Potential: approximately $365 per month
• Recent Value Change: up 1.36%
• Airbnb Rank in North Vancouver: 3rd out of all neighbourhoods
• Growth Rank: 14 out of 48 - solidly above average

Compare that to nearby neighbourhoods and the gap is clear. Boundary condos average $1,382,580 and Grand Boulevard condos average $682,244. Tempe condos are in a completely different weight class. If you own one, that's worth knowing.

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

Your BC Assessment is a snapshot taken in July of last year. It's not wrong - it's just old. The HonestDoor Price is a real-time calculation that updates as the market moves. For houses in Tempe, the average HonestDoor Price is $2,047,526 - that's 0.23% above the average assessed value of $2,042,804. It's a small gap right now, but the direction matters. The HonestDoor Price is the number a buyer's agent is going to reference. It's the number a lender is going to think about. Your assessment is for your tax bill. Your HonestDoor Price is for your real-world decisions.

For condo owners, the HonestDoor Price is climbing - up 0.97% - while the broader neighbourhood growth number is flat. That divergence is exactly the kind of thing you miss if you're only checking in once a year at assessment time.

The So What: Thinking About Selling This Summer?

Here's the honest read for Tempe owners heading into summer selling season.

• House sellers: You're in an above-average priced neighbourhood (rank 16 of 47) with a predicted value trending upward. The market isn't racing, but it's not retreating either. Pricing sharp and presenting well is the move right now.
• Condo sellers: You have a real advantage. A top-3 Airbnb ranking in North Vancouver is a legitimate selling point for buyers who want flexibility. Lead with that story.
• Everyone: Check your HonestDoor Price before you have a single conversation with an agent. Walk in knowing your number, not the government's number from last July.

Nearby, Grand Boulevard is averaging $2,256,880 for houses and growing slightly faster. Boundary and Kirkstone are both cheaper and also growing faster. Tempe holds its own on price, but if you're selling, the window to act before those neighbours close the gap is worth thinking about. Summer 2025 is not the time to sit on the fence.

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.