North Vancouver Real Estate Market Report
Executive Summary
Eyal PevznerLocal expert · North VancouverThe North Vancouver, British Columbia real estate market is currently classified as a balanced market. The MLS® composite benchmark price is $1.3M, down 4.3% year-over-year.
There are currently 923 active listings, representing 5 months of inventory. According to Greater Vancouver REALTORS (HPI), there were 152 sales and 385 new listings in July 2026. Inventory has increased 39.6% compared to last month.
Currently, listings spend an average of 39 days on market and the average price per square foot is $1177.
Board Data vs Our Listings
| Metric | Greater Vancouver REALTORS (HPI) | Our Listings |
|---|---|---|
| Benchmark / Median Price | $1.3M | $1.3M |
| Active Listings | 954 | 923 |
| Detached Benchmark | $2.1M | $3.3M |
| Townhouse Benchmark | $1.2M | $1.7M |
| Apartment Benchmark | $786K | $1.3M |
Detached properties make up the largest share of the North Vancouver market at 29% of active listings with an average price of $3.3M. Condo listings follow at 43% (avg $1.3M).
Sales Activity & Absorption
Volume
Market Signals
Greater Vancouver REALTORS (HPI) reported 152 sales this period, 268 new listings appeared in the past month, 26 sellers reduced their asking price.
Market Balance
Months of Inventory
Supply and demand are roughly balanced.
At 5 months of inventory, the market is balanced. Neither buyers nor sellers have a decisive advantage — a good time for realistic pricing and considered offers.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Lower Lonsdale | 173 | $1.2M |
| Central Lonsdale | 130 | $1.3M |
| Lynn Valley | 82 | $1.5M |
| Lynnmour | 69 | $1.5M |
| Pemberton NV | 66 | $887K |
| Upper Lonsdale | 47 | $1.9M |
| Canyon Heights NV | 43 | $2.5M |
| Roche Point | 42 | $1.0M |
| Mosquito Creek | 27 | $1.3M |
| Harbourside | 20 | $1.2M |
| Westlynn | 20 | $1.7M |
| Edgemont | 19 | $2.3M |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The North Vancouver market currently has 923 active listings with a median price of $1.3M and 5 months of inventory.
According to Greater Vancouver REALTORS (HPI), the composite benchmark price is $1.3M (-4.3% year-over-year). There were 152 sales recorded
- Prices declining (-6.4% in 30 days)
- Low price reduction rate (3% of listings)
- Average price per square foot is $1,177
- Sold properties averaged -1 days on market
Data sourced from BCRES active and sold listings. Metrics computed from listing data updated daily, with benchmark and sales statistics from Greater Vancouver REALTORS (HPI). Prepared by Eyal Pevzner with AI assistance, reviewed by our team.
Monthly Reports Archive
Market data is calculated from active and recently sold MLS® listings as of August 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.