Tempe, Vancouver - October 2026 Real Estate Report
Tempe, North Vancouver: What's Actually Happening With Home Prices Right Now
The Vibe on the Ground
If you've been watching the "For Sale" signs in Tempe, here's the honest read: the house market is holding steady, but the condo side is taking a real breather. These two stories are moving in very different directions, and which one applies to you matters a lot if you're thinking about making a move this summer.
Houses - Steady at the Top
We're sitting in expensive territory. The average sale price for a house in Tempe is $2,725,000, and that number hasn't budged much. At $1,225 per square foot, this is one of the pricier pockets in all of North Vancouver - ranked 6th most expensive out of 47 neighbourhoods. That's not a fluke. That's location doing its job.
On the growth leaderboard, Tempe houses rank 20th out of 53 comparable neighbourhoods. That puts us in above-average territory - not leading the pack, but solidly ahead of the middle. The HonestDoor predicted market value sits at $2,041,650, essentially flat against the 3-month moving average of $2,043,824. Values have nudged down just -0.03% recently - that's noise, not a trend.
- Average sale price: $2,725,000
- Price per square foot: $1,225
- HonestDoor predicted value: $2,041,650
- Estimated monthly rent: $6,934
- Rental yield: 3.66%
- Growth rank: 20 out of 53 neighbourhoods in North Vancouver
Condos - A Different Story
This is where we need to be straight with each other. Tempe condos are ranked 45th out of 48 neighbourhoods in North Vancouver for growth. That's bottom-of-the-pack territory, and the numbers back it up. The HonestDoor predicted value for condos has dropped to $2,341,678, down from a 3-month moving average of $2,477,768. That's a -6.27% shift. Not a blip - a real move downward.
If you own a condo here and you've been sitting on the fence, that number deserves your attention. The rental yield of 2.62% is on the lower end of moderate, which means the investment case isn't carrying the weight it once did.
- HonestDoor predicted value: $2,341,678
- 3-month moving average: $2,477,768
- Recent value change: -6.27%
- Estimated monthly rent: $6,996
- Rental yield: 2.62%
- Growth rank: 45 out of 48 neighbourhoods in North Vancouver
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's the thing about your city assessment: it's a snapshot from last year, built on data that's already old by the time it lands in your mailbox. The market doesn't wait for paperwork. With condo values in Tempe shifting by over 6% in a short window, a government assessment can be thousands of dollars off - in either direction.
The HonestDoor Price is updated in real time, pulling from actual sales and current market signals. For house owners, it's confirming you're sitting on serious value. For condo owners, it's giving you an honest heads-up before you make a decision based on a number that no longer reflects reality. Think of it as the real-world check your assessment can never be.
On the Vancouver condo side, the average HonestDoor Price is $1,248,500 - up 2.34% from the previous period. For context, nearby Boundary sits at $1,337,240 and Grand Boulevard comes in at $880,850. Knowing where Tempe sits relative to its neighbours is exactly the kind of intel that helps you price right, not just hopefully.
The So What - Should You Sell in Tempe This Summer?
If you own a house in Tempe, the case for selling this summer is real. Prices are holding near the top of the North Vancouver market, sales are happening, and you're not fighting a downward trend. Inventory is tight enough that a well-priced home gets attention.
If you own a condo, the conversation is more urgent - but in a different way. A -6.27% value shift and a bottom-5 growth ranking means waiting for things to bounce back is a strategy, but it's not a guaranteed one. If your timeline is flexible, watch the next 60 days closely. If you need to move, price it sharp and move fast.
Either way, pull your HonestDoor Price before you do anything else. It takes 30 seconds and it'll tell you more than any assessment notice ever will.
tempe | vancouver | 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.