The first half of 2026 is nearly behind us, and the North Vancouver market looks meaningfully different from where it was two years ago. Not dramatically different — but real estate rarely moves dramatically. It moves in the way that matters: gradually, then clearly, then obviously. We're in the "clearly" stage right now.Here's what 432 sales from January through June 2026 tell us. A quick note on scope: this analysis covers detached homes and townhomes only. Condos are a separate market with their own dynamics and will be covered in a future post.Prices have reset from the 2024 peak
The median detached sale price in North Vancouver for H1 2026 is $2,013,750. That's down from $2,252,500 in the same period in 2024 — a drop of roughly 11% from peak. It's also below H1 2025's median of $2,150,000.Townhomes have held steadier. The median townhome sale price in H1 2026 is $1,250,000, though meaningful year-over-year comparisons are harder to make given how fragmented townhome inventory is across North Vancouver's neighbourhoods.Inventory is high and buyers know it
There are currently 645 active detached listings in North Vancouver. With roughly 56 homes selling per month, that works out to 11.6 months of supply — well into buyer's market territory. The standard threshold is six months.What that means in practice: buyers have selection, they have time, and they have leverage. The median sale to list ratio for detached homes has slipped from 98.7% in H1 2023 to 97.0% today. On a $2M home, that's a real negotiating gap that simply didn't exist a couple of years ago.Townhomes are tighter at 7.8 months of inventory — still a buyer's market, but less room to move on price.Well-priced homes are still moving fast
Here's the part that doesn't make the headlines: 36% of detached homes sold in under 7 days in the first half of 2026. 55% sold in under two weeks.The homes sitting on market for 60, 90, 120 days are not a reflection of buyer disinterest. They're a reflection of pricing that hasn't caught up with where the market actually is. When a home is priced honestly and shows well, buyers are still there.The market is sorting itself into two groups: homes that sell and homes that sit. The difference is almost always price.What to take from this
If you're a buyer, this is a window. More selection, more time, and a negotiating dynamic that favours you in a way it hasn't in years. The buyers who do the work now — get pre-approved, study the neighbourhoods, understand the micro-data — are the ones who will look back at 2026 as the right time to have moved.If you're a seller, the data is honest: the market doesn't care what you paid, and it doesn't care what your neighbour sold for in 2022. It cares about what comparable homes are selling for right now. The sellers having success are the ones who price to today's market, present well, and don't wait.Data source: MLS, Greater Vancouver REALTORS®. North Vancouver City and District. Detached homes and townhomes, January 1 – June 19, 2026. 432 confirmed sales. For informational purposes only.