If you have been glancing at your latest property assessment and wondering if it tells the whole story, the short answer is: it does not. Here is what is actually happening on the ground in Caulfield right now.
Caulfield is holding its own. The neighbourhood is not setting off fireworks, but it is not sliding either. With 631 properties assessed this year and a year-over-year growth shift of essentially flat at -0.01%, we are in steady-as-she-goes territory. Think of it as the market taking a breather after years of heavy lifting.
Here is the split between our two main property types:
Houses in Caulfield are performing well above the West Vancouver average. The numbers tell a clear story:
That growth rank is worth pausing on. Out of 26 comparable neighbourhoods in West Vancouver, Caulfield houses sit at number 3. That is not a participation trophy - that is a top-tier finish. For homeowners here, your asset is quietly climbing while a lot of other West Van neighbourhoods are standing still.
Condo owners in Caulfield are navigating a slightly softer patch. Values have dipped 1.27% recently, and the HonestDoor Price has pulled back 3.48% from the previous period. That said, the predicted market value of $759,767 is still trending above the 3-month moving average of $755,311, which suggests the floor is holding.
Compared to nearby Olde Caulfield condos at $612,900, Caulfield still comes out ahead. If you own a condo here, you are not in trouble - but you are also not in a rush. Watch the next quarter before making any big moves.
Here is the thing about government assessments - they are a snapshot from months ago, built on sales data that is already old by the time it lands in your mailbox. The average assessed value in Caulfield sits at $2,806,500 for houses. That sounds like a lot, until you look at the HonestDoor Price of $3,787,998.
That is a gap of nearly $1,000,000 - and 34.97% higher than what the city has on file. The HonestDoor Price pulls from real-time market signals, not last year's paperwork. It is the real-world check that tells you what a buyer would actually put on the table today, not what a government formula calculated six months ago.
If you are making any financial decision based on your assessed value alone - whether that is refinancing, estate planning, or just knowing your net worth - you are working with incomplete information. Pull your HonestDoor Price. It is a much more honest starting point.
If you own a house in Caulfield, the case for selling this summer is real. Here is why:
If you own a condo, there is no urgent pressure to list right now. Values are slightly soft and the growth rank puts us in the middle of the West Van condo market. If you can wait a quarter or two, that patience may pay off.
Bottom line: Caulfield is a quiet overachiever. The houses here are punching above their weight on the West Van leaderboard, and most owners have no idea how wide the gap is between what the city says their home is worth and what the market would actually pay. Check your HonestDoor Price - that number is the one worth knowing.
caulfield | west vancouver | july 2026This 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.