Caulfield, West Vancouver - September 2026 Real Estate Report

Caulfield Real Talk: Your Home Is Worth Way More Than the City Thinks

If you have been glancing at your latest property assessment and feeling a little underwhelmed, you are not alone. The city has Caulfield houses pegged at an average of $2,806,500. The HonestDoor Price tells a very different story - and that gap is worth paying attention to right now.

The Vibe: What Is Actually Happening in Caulfield

Let us break it down by property type, because houses and condos are moving in different directions here.

Houses - Taking a Breather

The house market in Caulfield is quiet. One sale went through recently at an average of $2,680,000, and price per square foot is sitting around $600. That is not a crash - it is a slow market. The predicted market value for houses is $3,721,705, which is actually down slightly from the 3-month moving average of $3,790,505. Values have shifted -1.75% recently.

• Average sale price: $2,680,000
• Price per square foot: $600
• HonestDoor Price (houses): $3,674,971
• 3-month moving average: $3,790,505
• Recent value change: -1.75%
• Estimated monthly rent: $10,506
• Rental yield: 3.18%
• Growth rank: 24 out of 26 neighbourhoods in West Vancouver

That growth rank is the number to watch. On the West Vancouver neighbourhood leaderboard, Caulfield houses are sitting near the bottom - 24th out of 26. That does not mean your home is losing value in dramatic fashion, but it does mean other parts of the city are outpacing us right now. Worth knowing before you price anything.

Condos - A Brighter Spot

Condos in Caulfield are actually holding up better. The predicted market value is $750,189, which is creeping up from the 3-month moving average of $747,763. Values have moved up 2.30% recently, and on the neighbourhood leaderboard, Caulfield condos rank 9th out of 19 - solidly above average for West Vancouver.

• HonestDoor Price (condos): $738,467
• Predicted market value: $750,189
• Recent value change: +2.30%
• Estimated monthly rent: $3,436
• Rental yield: 3.37%
• Growth rank: 9 out of 19 neighbourhoods in West Vancouver

If you own a condo here, the momentum is modest but it is moving in the right direction. That is more than we can say for a lot of the city right now.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment

Here is the thing about government assessments - they are a snapshot from the past. By the time that number lands in your mailbox, the market has already moved on. The city has the average Caulfield house assessed at $2,806,500. The HonestDoor Price is $3,674,971. That is a gap of nearly $870,000, or roughly 31% higher than what the assessment says.

That gap is not a mistake. It is the difference between a static government formula and a real-time estimate that actually reflects what buyers are paying today. If you are making any financial decision - refinancing, selling, even just understanding your net worth - the assessed value alone is going to steer you wrong. The HonestDoor Price is your real-world check.

Yes, the HonestDoor Price for houses has dipped 1.26% from the previous period. That is worth noting. But it still puts the average Caulfield house nearly $900,000 above what the city thinks it is worth. That is a number worth knowing.

The "So What?" - Thinking About Selling This Summer?

If you are a house owner in Caulfield and you are thinking about listing this summer, here is the honest picture. The market is slow - only 2 transactions recorded in 2026 across 631 assessed properties. That is thin activity. Prices are softening slightly, and the growth rank of 24 out of 26 means buyers have options elsewhere in West Vancouver.

That said, your home is likely worth significantly more than your assessment suggests. The HonestDoor Price gap is real, and a well-priced listing that reflects current market conditions - not last year's numbers - is your best shot at attracting serious buyers.

For context, nearby Eagle Harbour has an average HonestDoor Price of $9,001,200 and Olde Caulfield sits at $4,844,621. Caulfield at $3,674,971 is actually the entry point into this pocket of West Vancouver. That is a positioning story you can use.

• Olde Caulfield average HonestDoor Price: $4,844,621
• Upper Caulfield average HonestDoor Price: $3,220,747
• Eagle Harbour average HonestDoor Price: $9,001,200
• Caulfield total transaction rank in West Vancouver: 5th

The bottom line - do not price off your assessment. Check your HonestDoor Price, understand where the market is actually sitting, and go in with clear eyes. This is not a market to guess in.

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.