Upper Delbrook, North Vancouver - June 2026 Real Estate Report

Upper Delbrook, North Vancouver: Your Home Is Worth More Than the City Thinks - But the Market Is Taking a Breather

The Vibe Right Now

If you have been watching the "For Sale" signs in Upper Delbrook, here is what is actually happening. This is one of the priciest pockets in North Vancouver - ranked 2nd out of all neighbourhoods for average assessed value - but price growth has slowed down. The market is not falling off a cliff, but it is not sprinting either. Knowing the difference could be worth tens of thousands of dollars to you this summer.

Houses: Still Expensive, But Watch the Trend

We are sitting at an average sale price of $2,638,000 for houses, with a price per square foot around $695. That sounds solid, and it is - but the predicted market value of $2,864,688 is actually sliding below the 3-month moving average of $2,945,171. That is a signal worth paying attention to.

• Average HonestDoor Price: $2,770,610
• Average Assessed Value: $2,714,304
• HonestDoor Price is 2.07% above the city assessment
• HonestDoor Price has decreased 3.28% from the previous period
• Predicted Market Value: $2,864,688 (trending down from $2,945,171 over 3 months)
• Recent value change: -0.39%
• Average sale price: $2,638,000
• Price per square foot: $695
• Estimated monthly rent: $9,063
• Rental yield: 3.39%
• Airbnb income potential: $450 per night average
• 359 properties assessed this year

On the neighbourhood leaderboard, houses here rank 47 out of 54 for growth in North Vancouver. That puts us near the bottom of the pack for momentum. The flip side? We rank 6 out of 46 for price - meaning Upper Delbrook is still one of the most expensive places to buy a house in the city. High price, slow growth is the honest summary right now.

Compare that to our neighbours. Canyon Heights houses are priced at $2,716,606 - cheaper than us and also growing slower. Delbrook comes in at $2,413,004 and Norwood Queens at $2,287,537. Upper Delbrook is the premium option on this block, but the premium is not expanding the way it was.

Condos: A Different Story - Actually Gaining Ground

Condos in Upper Delbrook are doing something houses are not right now - they are climbing. The average HonestDoor Price for condos is $1,709,133, up 2.52% from the previous period. The predicted market value of $1,667,200 is also nudging above the 3-month moving average of $1,664,944. Small moves, but they are moving in the right direction.

• Average HonestDoor Price (Condos): $1,709,133
• HonestDoor Price change: up 2.52% from previous period
• Predicted Market Value: $1,667,200 (trending up from $1,664,944 over 3 months)
• Recent value change: +1.58%
• Estimated monthly rent: $5,893
• Rental yield: 2.35%
• Airbnb estimate: $298 per night
• Airbnb rank in North Vancouver: 3rd

On the condo leaderboard, we rank 32 out of 48 for growth - below average, but not at the bottom. And compared to nearby condo markets like Delbrook ($1,015,323) and Norwood Queens ($980,613), Upper Delbrook condos are in a completely different price tier. If you own a condo here, you are sitting on a genuinely premium asset in this part of the city.

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

Here is the thing about your BC Assessment notice. It is a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it is already months out of date. The market does not wait for paperwork.

The HonestDoor Price is updated in real time using actual sales data, market shifts, and current conditions. For Upper Delbrook houses, the HonestDoor Price of $2,770,610 is already $56,306 higher than the average city assessment of $2,714,304. That gap is your real-world check. If you are making any decision - selling, refinancing, or just figuring out where you stand - the HonestDoor Price gives you a number that reflects today, not last year.

With house values showing a 3.28% dip and the predicted value trending downward from its 3-month average, waiting for the next assessment cycle to "see where things land" could mean making decisions with numbers that are even further behind the curve.

So What Does This Mean If You Are Thinking About Selling This Summer?

Straight talk: if you own a house in Upper Delbrook and you have been thinking about listing, the window is not getting wider. Values are drifting down from recent highs, growth ranks near the bottom of the North Vancouver leaderboard, and the predicted value is below where it was three months ago. That does not mean panic - it means do not wait for conditions to improve on their own.

Upper Delbrook is still a top-tier address. A $2,638,000 average sale price and a rank of 6th most expensive for houses in North Vancouver is not a weak position. But the momentum is not on the seller's side right now. If your plan is to sell, pricing it right from day one - using a current HonestDoor Price rather than a stale assessment - is the move that protects your number.

If you own a condo, the picture is a bit brighter. Values are ticking up, the trend is positive, and the Airbnb ranking of 3rd in North Vancouver means short-term rental income is a real conversation worth having. Holding or selling from a position of strength looks more realistic on the condo side right now.

Bottom line: Upper Delbrook is expensive, premium, and a little quiet on growth right now. Know your real number before you make any move.

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.