Killarney, Vancouver - June 2026 Real Estate Report

Killarney Real Talk: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs on the streets around Killarney Community Centre, here's what's actually happening. The market is taking a breather - but don't confuse "cooling" with "crashing." Values are holding at a level the city's assessment office hasn't caught up to yet, and that gap is where the real story lives.

Houses vs. Condos - Let's Break It Down

Houses

We're sitting at an average HonestDoor Price of $1,848,152 for houses in Killarney. That's down 1.26% from the last period - a small dip, not a freefall. The predicted market value for a house right now is $1,871,718, though that number is trending down from the 3-month moving average of $1,903,547. Translation: the peak of this mini-cycle may have just passed, so timing matters if you're thinking about selling.

• Average sale price: $1,850,000
• Price per square foot: $1,145
• Estimated monthly rent: $6,285
• Rental yield: 4.01%
• Recent value change: -0.23%
• Growth rank: 7 out of 23 neighbourhoods in Vancouver - above average
• Price rank: 16 out of 22 - below average in price, which means relative value still exists here

On the neighbourhood leaderboard, Killarney houses rank 7th for growth out of 23 comparable Vancouver neighbourhoods. That puts us solidly in the upper tier. Nearby Suncrest ($1,863,625) and Victoria Fraserview ($1,980,514) are priced a bit higher, but neither is pulling away from us in growth. Maywood ($1,434,543) is cheaper and growing slower - so Killarney is the middle ground that actually makes sense for buyers right now.

Condos

The condo picture is more complicated, and we should be honest about that. The HonestDoor Price for condos is $1,208,863 - up 3.19% from last period, which is a bright spot. But the predicted market value of $1,171,489 is falling away from its 3-month moving average of $1,229,249, and the recent value change of -4.34% is a number worth paying attention to.

• Average sale price: $551,250
• Price per square foot: $719
• Estimated monthly rent: $4,274
• Rental yield: 3.21%
• Recent value change: -4.34%
• Growth rank: 20 out of 23 neighbourhoods in Vancouver - bottom performers
• Price rank: 21 out of 22 - among the most affordable condos in Vancouver

On the neighbourhood leaderboard, Killarney condos rank 20th out of 23 for growth. That's a real number and it deserves a straight answer: condo values here are under pressure right now. The upside is that the HonestDoor Price of $1,208,863 still sits above nearby Suncrest ($780,960), Victoria Fraserview ($1,024,519), and Maywood ($1,176,218). We're more expensive than our neighbours - but we're not growing faster. That's something to watch.

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

Here's the thing about the city's assessed value: it's a snapshot from last year, built on sales data that's already old by the time it lands in your mailbox. For houses in Killarney, the average city assessment sits at $1,687,622. The average HonestDoor Price is $1,848,152. That's a $160,530 gap - and that gap is real money if you're making any decision based on what your home is actually worth today.

For condos, the gap is even wider. The average city assessment is $719,717. The HonestDoor Price is $1,208,863 - a difference of 67.96%. If you're a condo owner using your assessment as a reference point for anything financial, you're working with a number that is significantly out of step with the real world.

The HonestDoor Price updates in real time. The city's assessment does not. That's the whole point.

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

If you own a house in Killarney and you're thinking about listing this summer, the window is open - but it's not wide open forever. Values are still strong at $1,848,152 on average, but the 3-month trend is pointing down. Waiting for the market to "come back" before listing is a gamble. Acting while we're still ranked 7th out of 23 neighbourhoods for growth is a strategy.

If you own a condo, the conversation is different. With a growth rank of 20 out of 23 and a recent value drop of -4.34%, this is not the moment to sit and wait. If selling is on your radar at all, getting a current HonestDoor Price and having that conversation sooner rather than later makes sense. The assessed value of $719,717 will not help you price it right. The HonestDoor Price of $1,208,863 is a far better starting point.

Either way - house or condo - the smartest first move is knowing what your place is actually worth right now. Not last year. Now.

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.