North Vancouver Market Forecast 2025 - What Buyers & Sellers Can Expect This Year

As we move through 2025, the real estate landscape in North and West Vancouver continues to shift, bringing new opportunities for both buyers and sellers. Whether you're exploring houses for sale in North Vancouver, looking to invest in homes for sale, or curious about West Vancouver houses for sale, staying ahead of local market trends is essential for making informed decisions. Here’s what our team at Andrew Way, PREC sees on the horizon this year.

Detached vs. Attached Homes: Performance Predictions

Detached homes in North Vancouver remain a premium option, with average prices hovering around $2.2 million in early 2025. While the pace of appreciation has slowed compared to pandemic years, the market remains steady thanks to limited inventory and consistent demand from families seeking space and privacy.

On the other hand, attached properties, including townhomes and condos, are showing more dynamic movement. Townhomes in North Vancouver are currently averaging around $1.3 million, while condos are priced closer to $800,000. These options continue to attract first-time buyers, downsizers, and investors looking for more accessible entry points into the market.

While both detached and attached homes are in demand, the attached segment is expected to experience greater competition due to affordability, making it a potentially better bet for faster appreciation through 2025.

Comparing North and West Vancouver Markets

North Vancouver and West Vancouver, while geographically close, offer distinct market characteristics that buyers should consider carefully.

North Vancouver presents a balanced blend of urban convenience, outdoor lifestyle, and newer residential developments. It continues to attract families and professionals who prioritize access to nature, schools, and amenities like Lonsdale Quay and Lynn Valley. Demand is especially strong in neighbourhoods such as Edgemont Village, Upper Lonsdale, and Central Lonsdale.

In contrast, West Vancouver remains a destination for luxury buyers. With its expansive waterfront properties and iconic views, houses for sale north vancouver cater to a more exclusive demographic. Although luxury home sales have seen a slower pace in recent months, 2025 could see renewed interest as high-net-worth individuals seek value in timeless locations like Altamont, Dundarave, and British Properties.

If you're considering buying or selling in either location, the team at Andrew Way, PREC offers expert insights and hyper-local experience to guide your decision-making.

Timing Your Purchase or Sale in 2025

One of the most frequently asked questions this year is: “Is now a good time to buy or sell?”

For Buyers: The increase in active listings across Greater Vancouver—up nearly 26% compared to last year, has created more options and reduced some of the competition. This is especially good news for those browsing homes for sale in North Vancouver BC or seeking more variety in homes for sale in West Vancouver. Mortgage rates have begun to ease slightly, which also supports stronger purchasing power.

For Sellers: While the market is more balanced, North and West Vancouver continue to benefit from long-term desirability and limited land supply. Pricing your home competitively and preparing it with standout features, such as outdoor living spaces or income-generating suites, can lead to strong interest and successful closings.

Our recommendation? Take advantage of the current window before potential rate cuts later this year fuel another wave of buyer activity. Whether buying or selling, preparation is key, and we’re here to help with personalized guidance and data-driven strategies.

Final Thoughts - Navigating the 2025 Market with Confidence

At Andrew Way, PREC, we believe knowledge is power in real estate. The North Vancouver market in 2025 is full of opportunity, but also requires a thoughtful, strategic approach. Whether you’re searching for the perfect family home, evaluating investment options, or planning to list your property, our local expertise ensures you're always one step ahead.

Explore current listings, market reports, and more on our official website. Let’s work together to make your next move a successful one.