Caulfield, West Vancouver - October 2026 Real Estate Report
Caulfield Real Estate Check-In: Your Home Is Worth More Than the City Thinks
If you have been glancing at your latest property assessment and wondering if it reflects what your home would actually sell for today, the short answer is: not even close. Here is what is really going on in Caulfield right now.
The Vibe: What the Market Is Doing
Caulfield is a quiet, established corner of West Vancouver, and the numbers reflect that. The market is not on fire, but it is not falling apart either. It is taking a breather. Here is the honest breakdown for houses and condos.
Houses in Caulfield
If you own a house here, the city's assessment says one thing, but the real world says another. The average assessed value sits at $2,806,500. The average HonestDoor Price is $3,693,521 - that is 31.61% higher than what the government has on file. That gap is not a rounding error. That is real money sitting on the table.
- Average HonestDoor Price: $3,693,521 (up 0.50% from last period)
- Average assessed value: $2,806,500
- Recent average sale price: $2,680,000
- Price per square foot: around $600
- Predicted market value: $3,674,971
- 3-month moving average: $3,728,225
- Recent value change: -1.26%
- Estimated monthly rent: $10,381
- Rental yield: 3.19%
- Airbnb income potential: around $516 per month
- Properties assessed this year: 631
- Transactions in 2026: 2
We are seeing the predicted value dip slightly below the 3-month moving average, which tells us the short-term momentum has softened a little. On the neighbourhood leaderboard, Caulfield houses rank 20 out of 26 for growth in West Vancouver - that puts us in the below-average tier right now. Price rank is 15 out of 26, also below average for the area. This is not a panic signal. It just means we are not leading the pack at this particular moment.
Looking at the neighbours, Olde Caulfield is running at an HonestDoor Price of $4,889,922 and Eagle Harbour is all the way up at $8,618,550. Upper Caulfield comes in at $3,222,644, which is more affordable and sitting at the same -0.01% growth rate as Caulfield. So if someone is comparing neighbourhoods, we are in the middle of the pack on price and tracking similarly to Upper Caulfield on growth.
Condos in Caulfield
The condo story here is a bit more interesting. Values are actually moving in a positive direction, which stands out against the broader softness we are seeing in houses.
- Average HonestDoor Price: $769,622 (up 4.22% from last period)
- Predicted market value: $738,467
- 3-month moving average: $740,663
- Recent value change: -1.56%
- Estimated monthly rent: $3,398
- Rental yield: 3.38%
- Airbnb income potential: around $169 per month
- Airbnb rank in West Vancouver: 14
The HonestDoor Price for condos is up 4.22%, which is a meaningful jump. The predicted value of $738,467 is sitting just above nearby Olde Caulfield condos at $606,600, which is a good sign for relative positioning. Growth rank for condos is 13 out of 19 in West Vancouver - below average, but the HonestDoor Price momentum tells a more optimistic story than the rank alone suggests.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the thing about government assessments - they are based on data that is already old by the time it lands in your mailbox. The city looks backward. The HonestDoor Price looks at what is happening right now, using current sales, market signals, and real-time data to give you a live estimate of what your property is actually worth.
For Caulfield house owners, that difference is $887,021 on average. Read that again. The assessment says $2,806,500. The HonestDoor Price says $3,693,521. If you are making any financial decision - refinancing, selling, estate planning, or just knowing where you stand - using the assessment number is like navigating with a map from five years ago.
Condo owners are seeing a 4.22% increase in their HonestDoor Price this period. That kind of movement does not show up in an annual assessment cycle. It shows up here, in real time.
The So What: Thinking About Selling This Summer?
Here is the straight talk for anyone considering a move in the next few months.
The Caulfield house market has low transaction volume - only 2 sales recorded in 2026 so far. That means every listing gets attention, but it also means pricing it right is critical. With a predicted value of $3,674,971 dipping slightly below the 3-month average of $3,728,225, the window where prices were a bit higher was recently. That does not mean do not sell - it means price it sharp and do not chase the peak.
Rental demand is real. At $10,381 per month in estimated rent and a 3.19% yield, houses here attract serious long-term tenants if selling is not the right move right now. Airbnb at $516 per month is modest, so the play here is clearly long-term rental or a sale, not short-term hospitality.
For condo owners, the 4.22% HonestDoor Price increase is a green light to at least get a current valuation done. If you have been sitting on the sidelines, now is a smart time to know your number before the summer market heats up or cools down further.
Bottom line - Caulfield is a stable, high-value neighbourhood that is not making headlines right now, and that is actually fine. Steady beats flashy when you are talking about assets worth this much. Know your real number, not the government's old one.
caulfield | west vancouver | october 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.