Bridgeport, Richmond - July 2026 Real Estate Report

Bridgeport, Richmond: What Your Home Is Actually Worth Right Now

If you've been glancing at your city assessment and thinking that's the number that matters, here's a reality check. The market has moved, and your assessment hasn't kept up. Here's what's actually happening on the ground in Bridgeport right now.

The Vibe: Houses vs. Condos in Bridgeport

We're seeing two pretty different stories depending on what you own here, so let's break it down.

Houses

• Average HonestDoor Price: $1,525,219
• Predicted Market Value: $1,535,458 - up from the 3-month average of $1,530,589
• Average Assessed Value: $1,470,521
• Average Sale Price (2026): $901,000
• Price Per Square Foot: $736
• Estimated Monthly Rent: $5,553 - rental yield of 4.14%
• Airbnb Potential: $276 per month
• Recent Value Change: up 1.62%
• Growth Rank: 11 out of 15 neighbourhoods in Richmond
• Price Rank: 12 out of 13 - among the most affordable in Richmond

Houses in Bridgeport are quietly ticking upward. The predicted value is climbing past the 3-month moving average, which tells us momentum is positive, even if it's not flashy. The neighbourhood leaderboard puts us at 11 out of 15 for growth - below average, yes, but the direction is right. For a house that's sitting near $1.5 million, a 4.14% rental yield is a solid return if you're thinking about holding and renting rather than selling.

One thing worth noting: only 1 house sold in Bridgeport in 2026 so far. Low transaction volume means each sale carries a lot of weight in the numbers. Don't read too much into any single sale price.

Condos

• Average HonestDoor Price: $642,723
• Predicted Market Value: $631,701 - down from the 3-month average of $642,430
• Average Assessed Value: $667,463
• Average Sale Price (2026): $1,200,000
• Price Per Square Foot: $893
• Estimated Monthly Rent: $3,021 - rental yield of 3.59%
• Airbnb Potential: $150 per month
• Recent Value Change: -2.53%
• Growth Rank: 8 out of 15 neighbourhoods in Richmond
• Price Rank: 1 out of 13 - among the most expensive in Richmond

Condos are taking a breather. The predicted value has slipped below the 3-month moving average, and the recent change of -2.53% confirms the softening. Here's the kicker though - Bridgeport condos rank number 1 out of 13 for price in Richmond. We're at the top of the price ladder, which means buyers have options and they know it. If you own a condo here, that's the competitive pressure you're up against right now.

The HonestDoor Price of $642,723 is actually 3.71% below the average assessed value. That gap matters - your tax bill is based on a number that's higher than what the real-time market is saying your unit is worth.

The Secret Sauce: Why Your HonestDoor Price Beats Your Assessment

Your city assessment is a snapshot from last year. It doesn't know what happened in the market last month. The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals.

For houses, the HonestDoor Price of $1,525,219 is already $54,698 higher than the city's assessed value of $1,470,521. That's a 3.72% gap. If you're making any financial decision - refinancing, selling, or just figuring out your net worth - using the assessment number is leaving real information on the table.

For condo owners, the story flips. The HonestDoor Price of $642,723 is actually lower than the assessed value of $667,463. That's not bad news - it's useful news. It means the market has cooled slightly since your assessment was set, and knowing that gives you a more honest starting point for any conversation with a buyer or a lender.

882 houses and 248 condos were assessed in Bridgeport this year. That's a lot of properties where owners might be working off a number that no longer reflects reality. The HonestDoor Price is the real-world check.

The So What: Thinking About Selling This Summer?

Here's the straight talk for anyone considering listing in Bridgeport before fall.

If you own a house, the timing isn't bad. Values are nudging upward, the predicted price is above the 3-month average, and you're sitting on a property that's worth more than the city thinks it is. The neighbourhood leaderboard rank of 11 out of 15 for growth means Bridgeport isn't leading the pack, but it's holding steady. Compared to nearby West Cambie at $1,478,263 and Marpole at $2,358,557, Bridgeport houses offer a price point that still attracts buyers who've been priced out elsewhere.

If you own a condo, go in with clear eyes. Values have dipped 2.53% recently, and the predicted value is sliding below the 3-month average. That doesn't mean you can't sell - it means pricing it right from day one matters more than ever. Sitting at the top of Richmond's condo price rankings means you need to give buyers a reason to choose Bridgeport over a cheaper alternative like West Cambie at $636,263.

Either way, the first step is the same - check your HonestDoor Price at honestdoor.com and see where you actually stand before you call anyone.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.