Darrell Bay, Squamish - August 2026 Real Estate Report

Darrell Bay Real Estate: Steady as She Goes, But the Condo Story Has a Twist

If you live in Darrell Bay and you have been quietly wondering what your place is actually worth right now - not what the city thinks it was worth last year - here is your straight-up answer. The market here is holding its ground on the house side, but condos are flashing some warning signs worth paying attention to before you make any moves.

The Vibe: Houses vs. Condos

Let us start with houses, because that is the good news story. Our average sale price sits at $1,150,000, with a price per square foot of around $991. One home sold recently, which is about what we expect in a neighbourhood this size - Darrell Bay is not a high-volume market, and that is actually part of its appeal. The predicted market value for houses is $1,082,064, and that number is trending up from the 3-month moving average of $1,070,995. That upward tick matters. It means momentum is quietly building, not fading.

• Average house sale price: $1,150,000
• Price per square foot: $991
• Predicted market value (houses): $1,082,064
• 3-month moving average: $1,070,995
• Estimated monthly rent: $4,451
• Rental yield: 4.52%
• Recent value change: +0.40%
• Growth rank: 4 out of 11 neighbourhoods in Squamish - above average

A 4.52% rental yield is a solid number. It puts Darrell Bay houses in the "this actually pencils out" category for investors, not just lifestyle buyers.

Now, condos. This is where we need to have an honest conversation. The HonestDoor Price for condos jumped 5.34% from the previous period to $1,137,836, which sounds exciting. But the predicted market value is $1,080,145 - and that number is sliding down from a 3-month average of $1,110,842. Property values in the condo segment have shifted by -7.74% recently. That is not a cliff, but it is a real dip. On the neighbourhood leaderboard, Darrell Bay condos rank 8 out of 8 for growth in Squamish right now. Dead last. That is the kind of stat that should make a condo owner think carefully about timing.

• Average condo HonestDoor Price: $1,137,836 (up 5.34% from previous period)
• Predicted market value (condos): $1,080,145
• 3-month moving average: $1,110,842
• Estimated monthly rent: $4,446
• Rental yield: 2.71%
• Recent value change: -7.74%
• Growth rank: 8 out of 8 in Squamish - bottom of the leaderboard
• Airbnb rank in Squamish: 2nd - a genuine bright spot

That Airbnb rank of 2nd in all of Squamish is worth noting. At an estimated $229 per night, the short-term rental potential here is real. If you own a condo and are not using it as a primary residence, that number deserves a second look.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here is the thing about your BC Assessment notice. That number was calculated using sales data from July 1st of the previous year. It is a snapshot of a market that no longer exists. By the time it lands in your mailbox, it can be 12 to 18 months out of date.

The HonestDoor Price is updated in real time. For houses in Darrell Bay, the average assessed value sits at $1,085,172. The average HonestDoor Price is $1,081,045 - about 0.38% lower. That gap might look small, but it tells you something important: the market is not running ahead of assessments the way it was during the boom years. Prices are realistic and grounded right now.

If you are a homeowner here, checking your HonestDoor Price today gives you the actual number - the one a buyer would use to make an offer, not the one the city used to calculate your property tax. Those are two very different conversations.

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

If you own a house in Darrell Bay and you have been sitting on the fence about listing, the data is giving you a quiet green light. Values are ticking up, the growth rank puts us above average in Squamish, and at $991 per square foot, we are priced competitively against nearby Northridge (which runs much higher) while still holding our own against the broader Squamish market.

There were only 3 property transactions in Darrell Bay in 2026. Low volume cuts both ways - there is less competition from other sellers, but you also need the right buyer. Pricing it right from day one is everything in a market this tight.

If you own a condo, the honest advice is to watch the next 60 to 90 days closely. The predicted value is sliding, and ranking last in neighbourhood growth is not where you want to be when you list. That said, the Airbnb income story and a rental estimate of $4,446 per month could be the angle that attracts the right buyer - someone who sees the income potential, not just the price tag.

Bottom line: Darrell Bay is a small, stable neighbourhood with 244 assessed properties and a market that rewards patience. Houses are in a better spot than condos right now. Know your real number before you decide anything - and that number is your HonestDoor Price, not last year's assessment.

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.