February 2026
A Gradual Uptick from January, But the Market Remains Cautious
February saw a typical increase in North Shore home sales compared to January, yet overall activity remains well below historical levels. Both North and West Vancouver continue to exhibit a deliberate, selective market, with buyers often prioritizing value over urgency and sellers approaching the market in a measured way.
Inventory trends diverged between North and West Vancouver. North Vancouver saw both new listings and total inventory rise year-over-year, while West Vancouver experienced declines in both. Despite these differences, listings remain comfortably above historical averages, providing buyers with choice and maintaining conditions that favor negotiation over competition.
Sales-to-listings ratios indicate a balanced to buyer-leaning market, suggesting continued downward pressure on pricing for properties that are less competitively positioned. At the same time, well-priced, thoughtfully presented homes continue to attract steady interest, underscoring the ongoing importance of value and presentation.
Overall, the February stats signal continuity rather than change: a market gradually settling into the “new normal,” characterized by a slower pace, selective activity, and ample opportunity for thoughtful decision-making on both sides of the transaction.
The coming spring months will indicate whether buyer demand strengthens, activity stays selective, or supply continues to exceed sales.
February 2026 Market Stats
In North Vancouver, 135 sales were reported in February, down 11.2% from last year and 35.1% below the 10-year average.
New listings were up 15.8% year-over-year, while total inventory was up 14.6%, ending the month with 794 homes for sale – 43.5% above the 10-year average.
For all property types, the February 2026 sales-to-active listing ratio was 17.0%.
By property type, the February ratios were: 13.7% for detached houses, 17.8% for apartments, and 24.4% for townhomes.
By price range, the February ratios were:
| < $750,000: | 21.3% |
| $750k to $1M: | 19.3% |
| $1M - $1.5M: | 22.0% |
| $1.5M - $2M: | 16.4% |
| $2M - $2.5M: | 11.8% |
| $2.5M - $3M: | 9.1% |
| > $3M: | 8.6% |
In West Vancouver, 33 sales were reported in February, down 17.5% from last year and 51.1% below the 10-year average.
New listings were down 9.3% year-over-year, while total inventory was down 2.8%, ending the month with 582 homes for sale – 9.8% above the 10-year average.
For all property types, the February 2026 sales-to-active listing ratio was 5.7%.
By property type, the February ratios were: 5.0% for detached houses, 7.9% for apartments, 9.7% for townhomes.
By price range, the February ratios were:
| < $1M: | 6.3% |
| $1M - $2M: | 15.4% |
| $2M - $3M: | 5.9% |
| $3M - $4M: | 3.5% |
| $4M-$5M: | 6.3% |
| $5M-$6M: | 2.5% |
| >$6M | 2.6% |
Sales.
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February 2026 Listing & Sales Stats
North Vancouver
| Feb - 26 | Feb - 25 | % Chg | |
| New Listings | 403 | 348 | +15.8 |
| Total Listings | 794 | 693 | +14.6 |
| Sales | 135 | 152 | -11.2 |
| Sales/Listings | 17.0% | 22% | -22.4 |
| SP/Original LP | 97.3% | 98.1% | -0.8 |
| Days on Market | 14 | 13 | +7.7 |
| MLS® HPI Price | |||
| Houses | $2,031,700 | $2,219,800 | -8.5 |
| Condos | $768,700 | $814,500 | -5.6 |
| Townhomes | $1,253,800 | $1,323,800 | -5.3 |
West Vancouver
| Feb - 26 | Feb - 25 | % Chg | |
| New Listings | 156 | 172 | -9.3 |
| Total Listings | 582 | 5699 | -2.8 |
| Sales | 33 | 40 | -17.5 |
| Sales/Listings | 5.7% | 6.7% | -14.9 |
| SP/Original LP | 93.2% | 93.6% | -0.4 |
| Days on Market | 30 | 24 | +25.0 |
| MLS® HPI Price | |||
| Houses | $2,935,900 | $3,232,200 | -9.2 |
| Condos | $1,193,300 | $1,239,900 | -3.8 |
| Townhomes | $** | $** |
**Note: HPI Price not available
Active Listing Stats
As of March 31, 2026 at 11:33 PM
North Vancouver
There are 927 homes for sale in North Vancouver including houses, condos, townhomes, duplex listings, and lot listings.
West Vancouver
There are 621 homes for sale in West Vancouver including houses, condos, townhomes, duplex listings, and lot listings.
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.