East Camble, Richmond - September 2026 Real Estate Report

East Camble, Richmond: Your Home Is Worth More Than the City Thinks - Here's the Proof

If you've been glancing at your latest property assessment and wondering if it actually reflects what your home is worth right now, you're asking the right question. East Camble is in an interesting spot - the market is taking a breather, but the numbers tell a more nuanced story depending on what you own.

The Vibe: What's Happening on Our Streets Right Now

Let's break it down by property type, because houses and condos are telling two very different stories in East Camble right now.

Houses - Steady, But Watch the Trend

We've seen 2 house sales come through recently, with an average sale price sitting at $935,500 and a price per square foot of around $689. That's essentially flat from last month - no big swings either way. But here's the number to watch: the predicted market value for houses is $1,436,701, and it's drifting down slightly from the 3-month moving average of $1,446,294. That's a -0.73% recent change in property values.

• Average HonestDoor Price (Houses): $1,420,143
• Recent value change: -0.73%
• Price per sq ft: $689
• Estimated monthly rent: $5,356
• Rental yield: 4.21%
• Airbnb potential: $266 per night
• Growth rank: 8 out of 15 neighbourhoods in Richmond - below average
• Price rank: 11 out of 13 - among the most affordable in Richmond

On the neighbourhood leaderboard, our houses rank 8th out of 15 for growth - that puts us in the bottom half of Richmond right now. For price, we sit at 11th out of 13, which actually means we're one of the more accessible entry points in the city. For buyers, that's a quiet opportunity. For sellers, it means pricing strategy matters more than ever.

Condos - The Surprise Performer

This is where it gets interesting for us condo owners. While houses are cooling slightly, condos in East Camble are quietly climbing. The predicted market value is $878,685, and that's moving up from the 3-month moving average of $866,115. Recent value change? Up 3.95%. That's not nothing.

• Average HonestDoor Price (Condos): $886,847
• Recent value change: +3.95%
• Average sale price: $488,000
• Price per sq ft: $476
• Estimated monthly rent: $3,114
• Rental yield: 3.72%
• Airbnb potential: $155 per night
• Growth rank: 1 out of 15 neighbourhoods in Richmond - top of the leaderboard
• Price rank: 9 out of 13 - below average in price, meaning room to grow

On the neighbourhood leaderboard, our condos are sitting at number 1 out of 15 for growth in Richmond. First place. That's a stat worth paying attention to, especially when you compare us to nearby West Camble condos averaging $629,430 and Bridgeport at $610,280. East Camble condos are priced below both of those neighbours while growing faster. That gap won't stay open forever.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here's the thing about your city assessment - it's a snapshot taken in the past. The government looks at sale data from months ago, runs it through a formula, and mails you a number. By the time it lands in your mailbox, the market has already moved.

For houses in East Camble, the average assessed value is $1,429,458. The average HonestDoor Price is $1,420,143. Those are close - but the HonestDoor Price is updated in real time, pulling from current sales, market trends, and what buyers are actually paying right now. It's the difference between a map printed last year and GPS directions today.

For condos, the gap is even more striking. The average assessed value is $519,115. The average HonestDoor Price is $886,847 - that's 70.84% higher than the assessed value. If you're a condo owner relying on your tax assessment to understand what your unit is worth, you're working with a number that is dramatically out of step with reality. Your real-world equity position is likely far stronger than the city's paperwork suggests.

With 2,573 house properties and 246 condo properties assessed this year across East Camble, and neighbourhood growth sitting at -0.05% year over year for houses and -0.04% for condos, the market is moving slowly - which means timing and accurate pricing are everything right now.

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

If you're a house owner eyeing a summer sale, the honest read is this: the market is not surging, but it's not falling apart either. With only 12 total property transactions recorded in 2026 so far, inventory is tight and serious buyers are still active. The predicted value of $1,436,701 gives you a real baseline - but with values drifting slightly below the 3-month average, waiting too long into the fall could cost you. Summer is your window.

If you own a condo, the case for selling this summer is even stronger. You're sitting at the top of Richmond's growth leaderboard right now. Values are trending up. Your HonestDoor Price of $886,847 reflects genuine market momentum that your assessed value of $519,115 completely misses. A buyer walking in with a bank appraisal is going to see a very different number than what the city sent you - and that difference works in your favour at the negotiating table.

For both property types, the rental market offers a solid backup plan. Houses are pulling an estimated $5,312 per month and condos around $3,132 per month. If the summer sale doesn't land where you want it, holding and renting is a legitimate option with real returns.

Bottom line - East Camble is not a neighbourhood to panic about, but it's also not one to be passive about. Check your HonestDoor Price, know where you actually stand, and make your move with real numbers in hand.

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.