Kerrisdale, New Westminster - September 2026 Real Estate Report

Kerrisdale, New Westminster? Your Home Might Be Worth More Than You Think - Here's the Real Number

If you own in Kerrisdale and you're still looking at your city assessment to figure out what your place is worth, stop. That number is already old. The market has moved, and the gap between what the city says and what buyers will actually pay is wider than most people realize right now.

The Vibe: What's Actually Happening With Houses and Condos

Let's break it down for us locals, because houses and condos are telling two different stories right now.

Houses

The average sale price for a house in Kerrisdale is sitting at $3,138,000, with price per square foot around $1,361. Only 2 houses sold recently, so we're not dealing with a flood of inventory - this is a tight, selective market. The HonestDoor predicted market value comes in at $4,181,381, which is actually climbing past its 3-month moving average of $4,136,569. That upward tick matters. Property values are up 1.11% recently, and on the neighbourhood leaderboard, Kerrisdale houses rank 5th out of 23 comparable neighbourhoods in Vancouver for growth. That puts us solidly in above-average territory. For price, we rank 4th out of 22 - meaning we're among the most expensive in the city. That's not a bad place to be if you're a seller.

Condos

Condos are a slightly different picture. Average sale price is $1,685,000 at roughly $1,191 per square foot, with 3 units sold. The HonestDoor predicted value is $1,881,615, though it's nudging just below its 3-month moving average of $1,882,728 - a small dip, but worth watching. Values are up 0.34% recently. On the leaderboard, Kerrisdale condos rank 7th out of 22 neighbourhoods for growth - still above average - and 2nd out of 22 for price. Second most expensive condo market in Vancouver. Let that sink in.

• House average sale price: $3,138,000
• House price per sq ft: $1,361
• House HonestDoor predicted value: $4,181,381
• House growth rank: 5 out of 23 in Vancouver
• House price rank: 4 out of 22 in Vancouver
• Condo average sale price: $1,685,000
• Condo price per sq ft: $1,191
• Condo HonestDoor predicted value: $1,881,615
• Condo growth rank: 7 out of 22 in Vancouver
• Condo price rank: 2 out of 22 in Vancouver

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

Here's the thing about government assessments - they're a snapshot from the past. By the time that letter hits your mailbox, the data behind it is already months old. The market doesn't wait for paperwork.

The HonestDoor Price is updated in real time, pulling from actual sales, current market movement, and what buyers are genuinely paying right now. For a Kerrisdale house, the HonestDoor Price of $4,181,381 is trending above its own 3-month average. That's a live signal, not a historical footnote. If you're making any decision - selling, refinancing, even just figuring out where you stand - the HonestDoor Price is your real-world check against a number that was never meant to tell you what your home is worth today.

On the rental side, the average rental estimate for a Kerrisdale property comes in at $14,800 per month, with Airbnb potential at $735 per night. Kerrisdale ranks 1st in New Westminster for Airbnb income potential. That's not a small detail if you're weighing your options.

The So What - Should You Sell This Summer?

If you've been sitting on the fence, here's the honest read. Kerrisdale is not a market that's collapsing. Houses are appreciating, inventory is thin, and we're ranking near the top of Vancouver for both price and growth. That combination is exactly what sellers want to see heading into summer.

The condo side is taking a small breather - that slight dip below the 3-month moving average is worth keeping an eye on, but it's not a red flag. We're still the second most expensive condo market in Vancouver. Buyers who want Kerrisdale know what they're paying for.

The practical advice? Pull your HonestDoor Price before you talk to anyone. Know your real number first. With houses predicted at $4,181,381 and condos at $1,881,615, there's a solid chance your home is worth more than your last assessment suggested - and that changes the conversation entirely when it's time to list.

Compared to nearby neighbourhoods, Marpole is sitting at an average HonestDoor Price of $2,356,843 and Oakridge at $3,464,548. Kerrisdale is in a different weight class. If buyers are being priced out of Kerrisdale, they're moving to those neighbourhoods - which keeps demand pointed right at us.

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.