North Vancouver Housing Market - What Buyers Need to Know in 2025

At Andrew Way PREC, we know that buying a home is one of the most important decisions you’ll ever make. Whether you're a first-time buyer or a seasoned investor, understanding the current housing market is essential. In 2025, the North Vancouver real estate market is full of opportunities, but also some challenges. Here’s what you need to know about market trends, property types, and where to find the best deals.

A Market in Transition

As of spring 2025, North Vancouver is seeing a shift in housing trends. The market is no longer as competitive as it was during the pandemic years, which means buyers have more breathing room. While prices are still high compared to other parts of British Columbia, they are beginning to stabilize.

The increase in housing inventory gives buyers more options and negotiating power. That’s good news if you’ve been waiting for the right moment to enter the market.

One of the biggest questions homebuyers have is: How much does a home cost in North Vancouver? Here's a quick breakdown of average prices in 2025:

• Detached homes: The average asking price for a single-family detached home is around $2.4 million. These properties remain popular with families and those seeking more space and privacy.
• Townhouses: Townhomes are a great choice for buyers who want a balance between space and convenience. The average price is about $1.4 million, with newer developments offering modern amenities and close proximity to shops and schools.
• Condos: If you're looking for a more affordable option, condos continue to be in demand. Prices average $835,000, and many units are located near public transit and community hubs.

Looking for condos in Vancouver BC or specifically Vancouver BC condos for sale? You’ll find a range of sizes and price points in neighborhoods like Downtown, Yaletown, and the West End. These locations are great for professionals and investors alike.

Sales Trends and Buyer Demand

Over the past few months, the number of homes on the market in North Vancouver has gone up. That means more choices for buyers, especially those searching for a home for sale in North Vancouver. This increase in supply is helping to create a more balanced market, rather than one that favors sellers.

Interest rates are holding steady after recent hikes, which has cooled some of the urgency from buyers. However, demand remains strong thanks to North Vancouver’s appeal—its scenic beauty, great schools, and active outdoor lifestyle.

Spotlight on Luxury Homes

The demand for luxury homes for sale in Vancouver is still strong. Many buyers are looking for larger, custom-built homes with high-end finishes, mountain views, and access to nature. Luxury listings often include features like private pools, smart home technology, and energy-efficient designs.

North and West Vancouver are key areas where these types of properties can be found. If you’re in the market for a dream home, now is a good time to explore your options.

Why Work with Andrew Way PREC?

Navigating the North Vancouver real estate market requires expert guidance. At Andrew Way PREC, we help you understand market conditions, compare neighborhoods, and negotiate smart deals. Whether you're looking at Vancouver BC condos for sale or searching for a luxury home for sale in Vancouver, we offer professional advice based on years of local experience.

We also provide detailed MLS listings, so you can view the most up-to-date properties, including photos, features, and pricing. With our help, you’ll feel confident in every step of your real estate journey.

Ready to Explore the Market?

If you're thinking about buying a home for sale in North Vancouver or want to explore condos in Vancouver BC, now is the time to act. The market is shifting in a way that favors well-informed buyers, and we’re here to help you make the most of that opportunity.

Learn more about market trends, and connect with a trusted local expert. Let us help you find the perfect home in 2025