Dundarave, Burnaby - July 2026 Real Estate Report

Dundarave Real Estate Check-In: Solid Prices, But the Market Is Catching Its Breath

If you own a home or condo in Dundarave and you haven't looked at your property's real-world value lately, now is a good time to pay attention. The numbers tell an interesting story - one that your next tax assessment definitely won't.

The Vibe: What's Actually Happening on Our Streets

Let's break it down by property type, because houses and condos are moving in pretty different directions right now.

Houses

Sales are quiet. One house sold last month, and the average sale price sits at $2,300,000 - essentially flat. At $719 per square foot, we're still in premium territory, but don't mistake stillness for strength. The HonestDoor predicted market value for houses is $3,018,627, and that number is actually drifting slightly down from the 3-month moving average of $3,026,950. Small move, but worth watching.

• Average sale price: $2,300,000
• Price per square foot: $719
• HonestDoor predicted value: $3,018,627
• 3-month moving average: $3,026,950 (slightly above current)
• Estimated monthly rent: $9,324
• Rental yield: 3.40%
• Recent value change: +0.27%
• Neighbourhood growth rank: 17 out of 26 in West Vancouver - below average
• Price rank: 18 out of 26 in West Vancouver - below average

On the neighbourhood leaderboard, houses in Dundarave rank 17th out of 26 West Vancouver neighbourhoods for growth. That puts us in the lower half of the pack right now. For context, nearby Altamont has a predicted value of $2,470,609 - so Dundarave houses are actually priced higher than that neighbour. But growth momentum? We're not leading the race at the moment.

Condos

This is where things get more interesting. Condo sales dropped - one sold last month, down 50% from the month before. The average sale price hit $1,850,000 at $859 per square foot, which is actually a higher price-per-foot than houses. That tells you something about the premium buyers are placing on condo living here.

• Average sale price: $1,850,000
• Price per square foot: $859
• HonestDoor predicted value: $1,237,529
• 3-month moving average: $1,222,692 (trending up)
• Estimated monthly rent: $4,742
• Rental yield: 2.78%
• Recent value change: +1.75%
• Neighbourhood growth rank: 5 out of 19 in West Vancouver - above average
• Price rank: 2 out of 7 in West Vancouver - above average

On the leaderboard, Dundarave condos rank 5th out of 19 West Vancouver neighbourhoods for growth. That's a genuinely strong position. The HonestDoor predicted value is also climbing - up from the 3-month average - which means the momentum here is real, not just noise.

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

Here's the thing about BC Assessment notices - they're a snapshot from July 1st of the previous year. By the time that paper lands in your mailbox, the market has already moved. It could be months out of date, and in a neighbourhood like Dundarave, that gap can represent serious money.

The HonestDoor Price is updated in real time using actual sales data, market trends, and neighbourhood comparables. Right now, for houses, it's pegging predicted value at $3,018,627 - a number that reflects what's happening today, not what happened last summer. For condo owners, the predicted value of $1,237,529 is actively trending upward. Your assessment won't tell you that. HonestDoor will.

Think of it this way - your HonestDoor Price is the real-world check. Your tax assessment is a history lesson.

The So What - Should You Sell in Dundarave This Summer?

If you own a condo here, the timing conversation is worth having. Values are climbing, the growth rank is strong at 5th out of 19, and buyer interest in West Vancouver condos at this price point remains real. Listing while momentum is on your side makes sense.

If you own a house, the picture is more nuanced. Prices are holding, but growth is below average for the area and the predicted value is edging down slightly. That doesn't mean panic - $3,018,627 in predicted value is still a remarkable number. But if you're thinking about selling, waiting for a big price surge may not be the right play right now. A well-priced listing that reflects current market reality will move. An overpriced one will sit.

Either way, the first step is knowing what your property is actually worth today - not what the city told you last January. Check your HonestDoor Price, then make the call.

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.