Delbrook, North Vancouver Market Report – February 2023

Delbrook is a well-established residential neighbourhood in the hills above North Vancouver's city centre, offering spacious single-family homes, townhouses, and duplexes on quiet streets with mountain views. The community is prized for its walkability to Lonsdale's commercial strip and the Lower Lonsdale waterfront, while providing the larger lot sizes and quieter character of an elevated residential area. Delbrook Community Recreation Centre serves the neighbourhood's active population. The Upper Levels Highway (Highway 1) provides quick access to West Vancouver, downtown Vancouver via Lions Gate Bridge, and the highway connections east through the North Shore. Delbrook represents a strong mid-range entry point into the North Vancouver detached and townhouse market.

← January 2023 Next month →
3
Units Sold
$2,083,333
Avg Sold Price
59d
Avg Days on Market
Buyer's Market
Market Condition
37 active at start of month Absorption rate: 8.1% Highest sold: $2,750,000 Lowest sold: $950,000

How Does February 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2023 (this report) 3 $2,083,333 59d
January 2023 month prior 2 +50% $2,125,000 -2% 2d +2850%
February 2022 year ago 2 +50% $1,850,000 +12.6%

3-Year Price Trend — Delbrook, North Vancouver

The Delbrook, North Vancouver real estate market was a Buyer's Market in February 2023, with 37 active listings at the start of the month, 3 properties sold, an average sold price of $2,083,333, properties averaging 59 days on market, an absorption rate of 8.1%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Delbrook, North Vancouver specialist
Get your home value ›

Frequently Asked Questions — Delbrook, North Vancouver February 2023

In February 2023, the Delbrook, North Vancouver real estate market is classified as a Buyer's Market with an absorption rate of 8.1%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/05/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

★★★★★ 4.8 / 5  —  700+ Google Reviews Read Reviews →