Upper Delbrook, North Vancouver - July 2026 Real Estate Report

Upper Delbrook Real Talk: Your Home Is Worth More Than the City Thinks - But the Window Is Narrowing

If you live on one of these quiet streets above North Vancouver, you already know the view is worth a premium. But right now, the numbers tell a more complicated story - and you need to hear it before you make any moves this summer.

The Vibe: What Is Actually Happening to Our Home Values?

Upper Delbrook sits in a weird spot right now. We are in one of the most expensive pockets in all of North Vancouver - price rank of 5 out of 47 neighbourhoods for houses - but our growth engine has stalled. Here is the honest breakdown for houses versus condos, because they are telling two very different stories.

Houses: Expensive, But Taking a Breather

If you own a house here, your home is still worth serious money. But the trend lines are pointing in the wrong direction, and that matters if you are thinking about selling.

• Average sale price: $2,638,000
• Price per square foot: $695
• Predicted market value: $2,770,610
• 3-month moving average: $2,837,062 - and the predicted value is now sitting below that
• Recent value change: -3.28%
• Growth rank: 52 out of 54 neighbourhoods - that puts us near the bottom of the North Vancouver leaderboard
• Estimated rent: $8,831 per month with a rental yield of 3.42%
• Airbnb potential: $439 per month

Only 1 house sold last month. That is a thin market. When volume is that low, every sale carries outsized weight - one deal can swing the averages hard in either direction. Do not read too much into any single number right now, but do pay attention to the direction of travel. The 3-month moving average dropping to $2,837,062 while the predicted value sits at $2,770,610 is a gap worth watching.

Compared to Canyon Heights next door - where the predicted value sits at $2,761,429 - we are still slightly ahead. But Canyon Heights is also ranked lower on growth, so neither neighbourhood is running hot right now.

Condos: The Bright Spot We Did Not Expect

Here is where it gets interesting. If you own a condo in Upper Delbrook, the story flips completely.

• Average HonestDoor Price: $1,670,233
• Predicted market value: $1,709,133
• 3-month moving average: $1,672,511 - and the predicted value is now above it, meaning momentum is building
• Recent value change: +2.52%
• Growth rank: 9 out of 48 neighbourhoods - that puts condos near the top of the North Vancouver leaderboard
• Estimated rent: $6,010 per month with a rental yield of 2.34%
• Airbnb rank in North Vancouver: 3rd - meaning short-term rental demand here is genuinely strong

Condo values here are climbing while the predicted value has pulled ahead of the moving average. That is the opposite of what we are seeing with houses. If you own a condo in Upper Delbrook, you are sitting in a top-10 growth neighbourhood right now.

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

Here is something most homeowners do not realize. The city assessed the average Upper Delbrook house at $2,714,304. But the average HonestDoor Price is $2,654,818 - that is 2.19% lower than what the city has on file, and it has dropped 4.18% from the previous period.

Why does that gap matter to your wallet? Because your property tax assessment is a snapshot frozen in time - usually reflecting market conditions from months ago. The HonestDoor Price is updated in real time using actual market signals. Right now, those signals are saying the city's number is running a little hot compared to where the real-world market is trading.

If you are a buyer, that gap is your negotiating room. If you are a seller, that gap is your reality check before you set an asking price. Either way, the HonestDoor Price is the number you want in your hand before any conversation with a realtor or a bank.

For condos, there is no assessed value gap to flag - but with values moving up 2.52% recently and a predicted value of $1,709,133, checking your HonestDoor Price right now could reveal upside you have not accounted for.

The So What - Should You Sell in Upper Delbrook This Summer?

Straight answer: it depends on what you own.

If you own a house, the market is taking a real breather. Growth ranks 52 out of 54 neighbourhoods. The predicted value is sliding below the 3-month average. That does not mean your home is not worth a lot - it absolutely is, at $2,770,610 predicted - but the momentum is not in your favour right now. If you can wait, watch the next two months closely. If you need to sell, price it sharp. With only 1 sale last month, an overpriced listing will just sit.

If you own a condo, the calculus is different. You are in a top-10 growth neighbourhood, values are ticking up, and short-term rental demand ranks 3rd in all of North Vancouver. If you have been on the fence, this summer is a more compelling window than it was six months ago.

Either way, the first thing to do is pull your HonestDoor Price at honestdoor.com. Know your real number before anyone else in the room does.

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.