Killarney, Vancouver - August 2026 Real Estate Report

Killarney Real Estate Check-In: Your Home Is Worth More Than the City Thinks

If you own a home in Killarney and you have not looked at your HonestDoor Price lately, you are leaving real money on the table. The city's assessment is frozen in time. The market is not. Here is what is actually going on in our corner of Vancouver right now.

The Vibe: Houses vs. Condos in Killarney

Killarney is holding its ground. The neighbourhood saw 5,092 properties assessed this year, and with 10 house transactions and 22 condo transactions already logged in 2026, there is real activity here - not just noise.

Houses

If you own a house in Killarney, the market is telling a pretty solid story. The predicted market value sits at $1,858,696, and while that is a hair below the 3-month moving average of $1,859,522, we are talking about a difference of less than $1,000. That is not a trend - that is a rounding error. What matters more is that house values have moved up 0.57% recently, and on the neighbourhood growth leaderboard, Killarney houses rank 5 out of 23 comparable Vancouver neighbourhoods. That puts us firmly in above-average territory.

• Predicted market value: $1,858,696
• Average sale price: $675,000
• Price per square foot: $627
• Estimated monthly rent: $6,213
• Rental yield: 4.04%
• Growth rank: 5 out of 23 in Vancouver
• Price rank: 21 out of 22 - one of the most affordable house markets in Vancouver

That last point is worth sitting with. Killarney houses rank near the top for growth but near the bottom for price. That combination - affordable entry, above-average momentum - is exactly what buyers are hunting for right now.

Condos

The condo picture is a bit more nuanced. Values dipped 0.95% recently, and the growth rank sits at 17 out of 22 neighbourhoods - below average. But here is the thing: the predicted market value of $1,197,401 is actually trending upward against the 3-month moving average of $1,192,585. So while short-term growth has softened, the directional arrow is pointing the right way. Six condos sold in Killarney in the most recent period, and at an average of $716,167, we are still outpacing nearby Victoria Fraserview at $603,000.

• Predicted market value: $1,197,401
• Average sale price: $716,167
• Price per square foot: $818
• Estimated monthly rent: $4,264
• Rental yield: 3.22%
• Growth rank: 17 out of 22 in Vancouver
• Price rank: 16 out of 22 - below average in price

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

Here is the honest truth about your BC Assessment. It is a snapshot taken months ago, using data that is even older than that. It does not know what sold on your street last week. It does not adjust for what buyers are actually paying right now.

Your HonestDoor Price does. And the gap in Killarney is not small.

For houses, the average assessed value is $1,687,622. The average HonestDoor Price is $1,890,274. That is a difference of $202,652 - or 12.01% more than what the city says your home is worth. And that HonestDoor Price has grown 1.70% from the previous period. The assessment has not caught up, and it will not until next year at the earliest.

For condos, the gap is even wider. The average assessed value is $719,717. The average HonestDoor Price is $1,187,608. That is 65.01% higher than the city's number. Yes, you read that right. If a condo owner in Killarney is making decisions based on their assessment, they are working with a figure that is dramatically out of step with reality.

The HonestDoor Price is the real-world check. Use it.

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

Summer is historically one of the stronger selling windows in Vancouver, and Killarney has a few things working in its favour right now.

For house sellers, the timing argument is real. You are in a neighbourhood that ranks 5th for growth out of 23 comparable areas. Buyers looking for value in Vancouver are going to find Killarney on their shortlist - especially when they compare us to pricier neighbours. Victoria Fraserview's HonestDoor Price is $1,991,885. Suncrest is at $1,851,148. Killarney sits at $1,890,274 - competitive, not cheap, and with momentum behind it.

For condo sellers, the picture calls for a bit more patience or sharper pricing. Growth has softened and the rank is below average. But the predicted value is still climbing against the 3-month average, and at $818 per square foot, Killarney condos are not a bargain bin. Price it right and there is a buyer. Price it based on your old assessment and you will sit on the market.

One more number worth knowing: Killarney ranks 4th in Vancouver for total property transactions. That means this neighbourhood has real liquidity. Homes here move. If you are thinking about listing, you are not hoping for a unicorn buyer - the demand is there.

• House HonestDoor Price: $1,890,274 - up 1.70%
• Condo HonestDoor Price: $1,187,608 - watch the short-term dip but note the upward trend
• Transaction volume rank in Vancouver: 4th - this market has real buyers
• House rental estimate: $6,283 per month
• Condo rental estimate: $4,261 per month
• Airbnb rank in Vancouver: 15 for houses, 16 for condos

Bottom line: Killarney is not flashy, but it is solid. If you are a homeowner here, your asset is performing better than the city's paperwork suggests. Check your HonestDoor Price, know what you actually own, and make your next move from a position of real information - not a number that was already stale when it arrived in your mailbox.

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.