Tempe, North Vancouver - June 2026 Real Estate Report

Tempe, North Vancouver: Your House Is Worth More Than the City Thinks

If you own a home in Tempe and you have not looked at your numbers lately, now is the time. The city's assessment is already behind. The real-world market has moved on without it.

The Vibe: What Is Actually Happening in Tempe Right Now

Tempe is a quiet achiever. With 612 properties assessed this year and a neighbourhood that ranks 10 out of 54 in North Vancouver for growth, we are sitting in a stronger position than most people realize. Year-over-year growth dipped a fraction - down 0.03% - but that is the market taking a breather, not falling apart.

Here is the split between what we are seeing for houses versus condos:

Houses: Steady and Holding Value

• Average sale price: $2,100,000
• Price per square foot: $1,738
• HonestDoor predicted market value: $2,052,920
• 3-month moving average: $2,043,027 - and values are climbing past it
• Recent property value change: 3.43%
• Estimated rent: $6,963 per month
• Rental yield: 3.65%
• Growth rank: 10 out of 54 neighbourhoods in North Vancouver
• Price rank: 17 out of 46 - above average

That 3.43% recent value change is the number to watch. It means house values in Tempe are not just holding - they are quietly climbing. And with a growth rank of 10 out of 54, we are near the top of the North Vancouver neighbourhood leaderboard. That is not nothing.

Sales volume is thin right now - 1 house sold last month - so every transaction carries weight. Low supply and steady demand is exactly the setup sellers want.

Condos: Premium Prices, Niche Market

• Average HonestDoor Price: $2,510,615 - up 0.97% from last period
• Predicted market value: $2,501,467
• 3-month moving average: $2,540,690 - values are easing slightly
• Estimated rent: $7,249 per month
• Rental yield: 2.53%
• Airbnb rank in North Vancouver: 3rd - top tier short-term rental potential
• Recent value change: 0.93%
• Growth rank: 35 out of 48 neighbourhoods

Tempe condos are expensive - we are talking $2.5 million average. That Airbnb rank of 3rd in all of North Vancouver is a real asset for owners who want flexibility. The growth rank of 35 out of 48 tells us the condo side is below average right now, but the predicted value is still sitting just under $2.5 million. This is a premium product in a selective market.

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

The city's average assessed value for a Tempe house sits at $2,042,804. The average HonestDoor Price is $2,073,764. That is a gap of roughly $31,000 - and it is already 1.52% higher than what the assessment says your home is worth.

Here is the problem with government assessments: they are a snapshot from last year. They do not know about the 3.43% value change that has happened recently. They do not factor in what buyers are actually paying right now. The HonestDoor Price is updated in real time, pulling from live market data. It is the difference between knowing what your home was worth and knowing what it is worth today.

If you are making any financial decision - refinancing, selling, or just keeping score - the assessment number is already old news. Your HonestDoor Price is the real-world check.

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

Here is the honest read for Tempe homeowners eyeing a summer sale:

• House values are trending up past the 3-month average - that is momentum in your favour
• Low sales volume means less competition on the street - fewer "For Sale" signs is good for your price
• At $1,738 per square foot, Tempe houses are priced above average for North Vancouver
• Nearby Grand Boulevard is pricing higher at $2,298,599 average - that ceiling gives Tempe room to grow
• Boundary and Kirkstone are both cheaper - buyers who get priced out there look at Tempe next

The short version: if you have a house in Tempe and you are thinking about selling, summer 2025 is not a bad time to move. Values are climbing, inventory is tight, and your HonestDoor Price is already ahead of what the city thinks your home is worth. That gap is your starting point for a conversation with a buyer - not the assessment number.

Check your HonestDoor Price at HonestDoor.com. It takes about 30 seconds and it will tell you more than your last tax notice ever did.

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.