Killarney, Vancouver - July 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, now is the time. The city's assessment is sitting at an average of $1,687,622 for houses - but the real-world number is closer to $1,858,696. That is a gap of over $170,000. For condos, the gap is even wider. Your assessed value averages $719,717, while the HonestDoor Price comes in at $1,197,401. That is not a rounding error. That is real money sitting on the table.

The Vibe: What Is Actually Happening in Killarney Right Now

Let us break it down by property type, because houses and condos are telling two very different stories right now.

Houses - Holding Steady, But Watch the Trend

Our houses are in a "wait and see" moment. Here is the snapshot:

• Average HonestDoor Price: $1,858,696 - up 0.57% from last period
• Recent sale price average: $1,415,000 at roughly $1,078 per square foot
• Predicted market value: $1,848,152 - slightly below the 3-month moving average of $1,865,272
• Estimated monthly rent: $6,232 with a rental yield of 4.02%
• Airbnb potential: around $310 per night
• 2 house sales recorded so far in 2026
• Neighbourhood growth: down 0.04% year over year

The honest read here? House values are drifting slightly downward in the short term - property values have shifted -1.26% recently. On the neighbourhood leaderboard, Killarney houses rank 18 out of 23 for growth in Vancouver. That puts us in below-average territory right now. It is not a freefall, but it is a signal worth paying attention to if you are thinking about timing a sale.

Condos - A Bright Spot Worth Noticing

Condos are actually doing something interesting. While the recent average sale price of $500,000 is down 12% from last month - based on just one sale, so take that with a grain of salt - the predicted market value of $1,208,863 is actually climbing above the 3-month moving average of $1,201,681. Values have moved up 3.19% recently.

• Average HonestDoor Price: $1,197,401 - yes, that is 66% above the city's assessed value
• Price per square foot: around $580
• Estimated monthly rent: $4,299 with a rental yield of 3.21%
• Airbnb potential: around $214 per night
• 17 condo transactions recorded in 2026 - ranking 4th in Vancouver for total transactions

On the neighbourhood leaderboard, Killarney condos rank 7 out of 22 for growth in Vancouver. That is above average. And while we rank 21 out of 22 for price - meaning condos here are among the most affordable in the city - that is actually a draw for buyers who have been priced out elsewhere. Compare that to nearby Victoria Fraserview at a predicted $1,024,519 and Killarney condos are holding their own.

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

Here is the thing about government assessments - they are a snapshot from last year. They do not move with the market in real time. The city assessed the average Killarney house at $1,687,622. The HonestDoor Price says $1,858,696. That is a $171,074 difference. For condos, the assessed value is $719,717 but the HonestDoor Price is $1,197,401 - a gap of nearly $478,000.

The HonestDoor Price pulls from current market activity, recent sales, and live data. It is the number a buyer is actually going to reference when they walk through your door. Relying on your tax assessment to understand what your home is worth today is like checking last year's weather to decide what to wear this morning.

With 5,092 house properties and 2,927 condo properties assessed across Killarney, there is a lot of real estate here - and a lot of owners who may not realize the gap between what the city says and what the market will actually pay.

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

If you are a house owner eyeing a summer sale, the window is real but the market is taking a breather. Values are drifting slightly below the 3-month trend, and our growth rank of 18 out of 23 tells us we are not leading the pack right now. That does not mean do not sell - it means price it right from day one. Overpricing in a softening market costs you time and leverage.

If you own a condo, the story is more encouraging. Growth is trending up, you are ranked 7th in Vancouver for momentum, and being one of the most affordable options in the city means buyer interest is real. A well-priced Killarney condo this summer has a genuine audience.

Either way, the first move is the same - check your HonestDoor Price before you call an agent, set a list price, or make any decisions. The city's number is not your number. Know the difference.

• Killarney house HonestDoor Price: $1,858,696
• Killarney condo HonestDoor Price: $1,197,401
• Average rental income potential - houses: $6,213 per month
• Average rental income potential - condos: $4,264 per month
• Total 2026 transactions across both types: 26
• Killarney ranks 2nd in Vancouver for total house transactions - we are an active market

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.