March 2026 North Shore Real Estate Market Update

Written by • March 5, 2026

Market Remaining Sluggish, Sales Still Happening

February’s data is in and it was underwhelming in terms of both sales numbers and new listings, both of which were among the lowest levels for a February we have seen in decades.  While it’s too early to say whether these conditions will persist through the typically busy spring market, they were enough to continue pushing prices modestly lower in North Vancouver.  West Vancouver did experience a slight pop in prices, but on very few transactions.

Metro Vancouver – Market Snapshot

  • Sales: 1,648 in February 2026, down 9.8% year over year and 28.7% below the 10-year seasonal average.
  • New Listings: 4,734, down 6.4% year over year but 7.1% above the 10-year seasonal average.
  • Total Active Listings: 13,545, up 6.3% year over year and 37% above the 10-year seasonal average.
  • Sales-to-Active Ratio: 12.6% overall (Detached 9.0% | Attached 16.6% | Apartment 14.1%).
  • Composite Benchmark Price: $1,100,300, down 6.8% vs Feb 2025 and 0.1% vs Jan 2026.

Takeaway: Buyers have negotiating power in their favour unless properties are priced attractively from the outset. Seasonal weakness in prices may persist into spring unless sideline buyers have a reason to become motivated into action.

📍 North Vancouver Market Snapshot

November sales in North Vancouver stepped down from October and from last year, while inventory remains well above the 10-year average. Buyers are patient and price-sensitive, and well-positioned listings are the ones getting the action.

Property Type Benchmark Price YoY MoM
Detached $2,031,700 ↓ 8.5% ↓ 0.3%
Townhouse $1,253,800 ↓ 5.3% ↓ 1.3%
Condo $780,300 ↓ 0.8% ↓ 1.5%

📍 West Vancouver Market Snapshot

West Vancouver saw more sales than last November but activity is still below the 10-year average, with buyers remaining selective and many listings taking time to find the right match.

Property Type Benchmark Price YoY MoM
Detached $2,935,900 ↓ 9.2% ↑ 0.7%
Condo $1,193,300 ↓ 3.8% ↑ 2.9%

Read The Greater Vancouver Realtors Report

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Market Stats (Greater Vancouver Aggregates)



$2,126,000
Sale Price Avg.
5,039
Inventory

430
Sales
49
DOM Avg.
95%
List Price vs. Sales Price


$1,059,500
Sale Price Avg.
1,702
Inventory

295
Sales
33
DOM Avg.
98%
List Price vs. Sales Price


$739,200
Sale Price Avg.
5,822
Inventory

825
Sales
40
DOM Avg.
97%
List Price vs. Sales Price

Royal LePage Insight

As we move toward the spring market, the data continues to point to a market defined by choice and cautious decision making. Elevated inventory levels across all segments, combined with sales activity running well below historical norms, are maintaining balanced to soft conditions in much of Greater
Vancouver.

“With each passing data point, the pace of sales running well-below long-term averages are no longera surprise – it’s become the new norm,” said Andrew Lis, GVR chief economist and vice-president data analytics.”
Read The Royal LePage Report

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February Home Maintenance Checklist

If you’re a prospective seller who has been waiting for the market to improve, 2026 may offer a better window if the above scenario unfolds. To make sure you’re ready, here’s a quick list of to‑dos:

  1. Engage with a local realtor — Get early pricing guidance, timing advice, and a tailored preparation plan based on current buyer behaviour and neighbourhood trends. Ask us about the target listing dates we track to help you hit the market at the ideal moment.
  2. Book a pre‑listing walkthrough — Identify repairs, upgrades, and staging opportunities that will deliver the highest return for your property type and price band.
  3. Declutter and depersonalize — Remove excess items, personal photos, and oversized furniture to make rooms feel larger and easier for buyers to imagine living in.
  4. Complete minor repairs — Fix loose handles, squeaky doors, chipped paint, burnt‑out bulbs, and anything that signals deferred maintenance.
  5. Refresh paint where needed — Neutral, light tones brighten spaces and photograph extremely well for online marketing.
  6. Deep clean the entire home — Pay special attention to kitchens, bathrooms, windows, baseboards, and flooring. Consider professional cleaning for carpets or tile grout.
  7. Enhance curb appeal — Tidy landscaping, clean walkways, refresh exterior lighting, and add simple seasonal touches to create a strong first impression.

Your Trusted Real Estate Resource

Iain Edmonds

Iain Edmonds
604.925.5111
Matthew Stiles

Matthew Stiles
778.227.3507
Madison Lennox

Madison Lennox
604.849.2717

Whether you’re thinking about buying, selling, or just keeping an eye on the market in Vancouver, the North Shore, or anywhere in Canada, we’re here to support you every step of the way. The real estate landscape is shifting quickly, and we’re committed to providing clear, expert guidance so you can make confident decisions.

If you know someone who’s considering a move or could use some honest advice about the current market, we’d love to help. Referrals mean the world to us—and we’re always grateful when you send great people our way!

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Market insights are compiled using data from the Royal LePage Monthly Market Report and the Greater Vancouver Realtors statistics release.