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 buyer's market. The MLS® composite benchmark price is $1.3M, down 4.3% year-over-year.
There are currently 928 active listings, representing 6.3 months of inventory. According to Greater Vancouver REALTORS (HPI), there were 152 sales and 385 new listings in July 2026. Inventory has increased 38.9% compared to last month.
Currently, listings spend an average of 39 days on market and the average price per square foot is $942.
Board Data vs Our Listings
| Metric | Greater Vancouver REALTORS (HPI) | Our Listings |
|---|---|---|
| Benchmark / Median Price | $1.3M | $1.3M |
| Active Listings | 954 | 928 |
| Detached Benchmark | $2.1M | $2.5M |
| Townhouse Benchmark | $1.2M | $1.0M |
| Apartment Benchmark | $786K | $1.0M |
Detached properties make up the largest share of the North Vancouver market at 38% of active listings with an average price of $2.5M. Condo listings follow at 62% (avg $1.0M).
Sales Activity & Absorption
Volume
Market Signals
Greater Vancouver REALTORS (HPI) reported 152 sales this period, 250 new listings appeared in the past month.
Market Balance
Months of Inventory
Supply and demand are roughly balanced.
With 6.3 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Lower Lonsdale | 182 | $1.2M |
| Central Lonsdale | 123 | $1.4M |
| Lynn Valley | 80 | $1.5M |
| Lynnmour | 61 | $1.3M |
| Pemberton NV | 60 | $927K |
| Upper Lonsdale | 43 | $1.8M |
| Roche Point | 39 | $1.0M |
| Canyon Heights NV | 35 | $2.3M |
| Norgate | 30 | $1.5M |
| Mosquito Creek | 28 | $1.2M |
| Harbourside | 23 | $1.1M |
| Deep Cove | 17 | $2.7M |
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
This is currently a buyer's market with more negotiating power for purchasers. The North Vancouver market currently has 928 active listings with a median price of $1.3M and 6.3 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
- High inventory (6.3 months) favors buyers
- Prices declining (-4.6% in 30 days)
- Low price reduction rate (0% of listings)
- Low sell-through rate (0%)
- Average price per square foot is $942
Data sourced from CREA DDF® active 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.