Insights
North Shore Market Report
February 2026
February sales fall in both markets
North Vancouver recorded 135 sales in February, down 11.2% from February 2025 and 35.3% below the ten-year average for the month. West Vancouver recorded 33 sales in February, down 17.5% from February 2025 and 51.1% below the ten-year average for the month.
The month at a glance
Total Sales
135
down11.2%vs Feb 2025
New Listings
403
up15.8%vs Feb 2025
Total Listings
847
up22.2%vs Feb 2025
February snapshot
February 2026 compared with February 2025.
Sales
135was 152
down11.2%
New Listings
403was 348
up15.8%
Total Listings
847was 693
up22.2%
Sales / Listings
15.9%was 21.9%
down27.4%
Sale Price / Original List
97.3%was 98.1%
down0.8%
Days on Market
14was 13
up7.7%
MLS® HPI benchmark price
Houses
$2,031,700was $2,219,800
down8.5%
Condos
$768,700was $814,500
down5.6%
Townhomes
$1,253,800was $1,323,800
down5.3%
- February sales vs the 10-year average
- 35.3% below
- Inventory vs the 10-year average
- 53.1% above
Where buyers are active
The sales-to-active-listings ratio shows how much of the available inventory sold in February. Across all property types in North Vancouver it was 15.9%.
By property type
- Detached houses12.9%
- Townhomes22.7%
- Apartments16.6%
Our read on the market
By property type in North Vancouver, sales of detached homes were down 14.9%, condos down 20.5% and townhomes up 42.9% from February 2025. In West Vancouver, sales of detached homes were down 24.1% and condos up 14.3% from February 2025. West Vancouver townhomes recorded 3 sales, compared with 1 in February 2025.
New listings totalled 403 in North Vancouver (up 15.8% from February 2025) and 156 in West Vancouver (down 9.3% from February 2025). Active listings at the end of February stood at 847 in North Vancouver (up 22.2% from February 2025 and 53.1% above the ten-year average for February) and 607 in West Vancouver (up 1.3% from February 2025 and 14.4% above the ten-year average for February).
The overall sales-to-active ratio in February was 15.9% in North Vancouver and 5.4% in West Vancouver. By property type, North Vancouver was 12.9% for detached homes, 16.6% for condos and 22.7% for townhomes; West Vancouver was 4.8% for detached homes, 7.8% for condos and 8.8% for townhomes. A ratio below 12% is often associated with downward pressure on prices, and one above 20% with upward pressure. The median home sold in 14 days in North Vancouver (13 a year earlier), at 97.3% of the original asking price, and in 30 days in West Vancouver (24 a year earlier), at 94.2%.
MLS® Home Price Index benchmark prices in February, compared with February 2025: North Vancouver detached homes down 8.5%, condos down 5.6%, townhomes down 5.3%; West Vancouver detached homes down 9.2% and condos down 3.8%. Benchmark prices were lower than a year earlier in every segment for which a benchmark is published.
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Disclaimer: Historical sales, listings, and price data is from the Real Estate Board of Greater Vancouver as of the date published. Days on Market and Average Sale Prices are calculated as Medians. Note: Active Listing Statistics are based on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.