HonestDoor

    Hastings Sunrise, Vancouver - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Vancouver, Hastings Sunrise

    Hastings Sunrise Reality Check: Your Home Is Worth More Than the City Thinks - But the Market Is Taking a Breather

    The Vibe Right Now

    If you've been watching the "For Sale" signs on the block, here's what's actually happening in Hastings Sunrise. The neighbourhood is holding its value better than most, but the numbers are telling a nuanced story depending on whether you own a house or a condo. Let's break it down.

    Houses: Steady, But Watch the Trend

    We're sitting in a market where house prices are holding firm but not climbing. The average sale price for houses in Hastings Sunrise is $1,520,250, with a price per square foot of around $1,120. Four properties sold recently - essentially flat from last month. Not a frenzy, but not a fire sale either.

    The predicted market value for houses sits at $1,802,683. Here's the part worth paying attention to: that number is drifting slightly below the 3-month moving average of $1,813,933. Values have shifted -0.21% recently. The market isn't falling off a cliff - it's just cooling its heels.

    • Average house sale price: $1,520,250
    • Price per square foot: $1,120
    • Predicted market value: $1,802,683
    • 3-month moving average: $1,813,933
    • Estimated monthly rent: $6,300
    • Rental yield: 3.81%
    • Recent value change: -0.21%
    • Growth rank: 13 out of 23 neighbourhoods in Vancouver - right in the middle of the pack
    • Price rank: 10 out of 22 - above average, which matters when you're selling

    Compared to nearby Grandview Woodland, where the predicted value is $1,649,582, we're still commanding a meaningful premium. That gap is real money in your pocket.

    Condos: A Wild Card With Big Numbers

    The condo picture in Hastings Sunrise is... interesting. The average assessed value is $637,849, but the HonestDoor Price tells a completely different story at $2,309,812 - up 3.62% from the previous period. That's a 262% gap between what the city has on file and what the real-world market is signalling. If you own a condo here and you're relying on your tax assessment to understand your equity, you are working with the wrong number.

    Five condo transactions happened in 2026 so far. The predicted market value is $2,217,989, and it's actually trending upward against the 3-month moving average of $2,194,273. That's a rare bright spot in a market that's otherwise taking a breather.

    • Average condo sale price: $653,160
    • Price per square foot: $856
    • Predicted market value: $2,217,989
    • 3-month moving average: $2,194,273 - and we're above it
    • Estimated monthly rent: $6,235
    • Rental yield: 2.78%
    • Airbnb rank in Vancouver: 2nd - one of the strongest short-term rental positions in the city
    • Recent value change: -1.05%
    • Growth rank: 18 out of 22 - yes, that's bottom-tier growth, but the price floor is still high

    Condos here are pricier than nearby Grandview Woodland ($1,666,406 HonestDoor Price) and West Central Valley ($769,665). We're not the cheapest option on the block - and that's not a bad thing if you're selling.

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

    Here's the honest truth about government assessments: they're a snapshot from the past. The city assessed 7,320 properties in Hastings Sunrise this year, and the average came in at $1,810,096 for houses. The HonestDoor Price for houses is $1,793,427 - about 0.92% lower. That gap might seem small for houses, but it tells you the city is slightly ahead of where the real market is sitting today.

    For condos, the gap is not small. It's enormous. A $637,849 assessed value versus a $2,309,812 HonestDoor Price means the city's number is practically useless for understanding what your condo is actually worth. If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check you need.

    The HonestDoor Price updates in real time. Your tax assessment does not. That difference is the whole ballgame.

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

    If you're a homeowner in Hastings Sunrise weighing a summer sale, here's the straight talk.

    For house owners: you're sitting above average on price rank (10 out of 22 in Vancouver) and your predicted value of $1,802,683 still beats nearby neighbourhoods comfortably. But the 3-month trend is dipping, and neighbourhood growth is down 0.05% year over year. Waiting for a big price surge this summer is probably not the play. If you're ready to sell, the window is open - but it's not getting wider.

    For condo owners: your HonestDoor Price is up 3.62% and the predicted value is climbing above its moving average. The Airbnb rank of 2nd in Vancouver signals strong demand for this location. Growth rank is near the bottom at 18 out of 22, so the momentum story is complicated - but the price story is solid. A well-priced listing this summer has a real audience.

    Either way, the first step is the same: check your HonestDoor Price today. Not your assessment. Not what your neighbour sold for two years ago. The number that reflects what a buyer would actually pay right now - that's the one that matters when you're deciding whether to list.

    • Hastings Sunrise total transaction rank in Vancouver: 2nd - this neighbourhood moves properties
    • Average rental estimate (houses): $6,282 per month
    • Average rental estimate (condos): $6,364 per month
    • Neighbourhood growth year over year: -0.05% (houses), -0.01% (condos)
    • Nearby comparison - Willingdon Heights HonestDoor Price: $1,769,767 - cheaper than us and growing faster, so keep an eye on that competition

    Bottom line: Hastings Sunrise is not a neighbourhood in trouble. It's a neighbourhood catching its breath. Smart sellers know the difference - and they price accordingly.

    hastings sunrise | vancouver | august 2026

    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.

    Sign up for our newsletter

    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

    Core

    Home

    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


    © 2026 HonestDoor, Inc. All rights reserved.