Oakridge, Vancouver - July 2026 Real Estate Report

Oakridge Real Talk: Your Home Is Worth More Than the City Thinks - But the Market Is Catching Its Breath

If you own in Oakridge and you have not looked at your HonestDoor Price lately, you are probably sitting on a number that is significantly higher than what the city has on file. The gap here is not small. But there are also some signals worth paying attention to before you decide what to do next.

The Vibe: What Is Actually Happening in Oakridge Right Now

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

Houses: Premium Address, Softer Momentum

Oakridge houses are still among the most expensive in Vancouver - full stop. A price rank of 5 out of 22 comparable neighbourhoods puts us near the top of the leaderboard on value. But the growth side of that leaderboard is a different picture. We are sitting at rank 15 out of 23 for growth, which puts Oakridge houses in the below-average tier for momentum right now.

• Average HonestDoor Price: $3,449,243
• Predicted market value: $3,456,343
• 3-month moving average: $3,511,438 - and the current value is trending below that
• Recent price change: -0.75%
• Price per square foot: $1,613
• Estimated rent: $10,200 per month
• Rental yield: 3.29%
• Only 1 house sold in 2026 so far - a very thin market

That average sale price of $1,761,904 looks jarring compared to the HonestDoor Price of $3,456,343 - but with only one transaction, that single sale is not a reliable read on what your home is worth. One outlier deal can swing the average wildly. The HonestDoor Price, built on a much broader data set, is the more grounded number to anchor to.

Condos: Quietly Picking Up Steam

Here is where it gets interesting. Oakridge condos are actually showing some positive momentum. The predicted market value of $1,431,803 is climbing above the 3-month moving average of $1,412,697 - meaning the trend is pointing up, not down. Growth ranks 5 out of 22 neighbourhoods, putting us in above-average territory.

• Average HonestDoor Price: $1,415,427
• Predicted market value: $1,431,803
• Recent price change: +3.59%
• Price per square foot: $978
• Average sale price: $770,500 - higher than both South Cambie ($738,000) and Marpole ($630,750)
• Estimated rent: $4,939 per month
• Rental yield: 2.75%
• 2 condos sold in 2026 so far

Condo sellers in Oakridge are in a better spot right now than the house market suggests. The growth rank tells us we are outpacing most of the city on momentum, even if the price rank of 14 out of 22 means we are not at the top of the price leaderboard for condos.

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

Here is the thing about your BC Assessment number. It is based on data from July 1 of the previous year. By the time it lands in your mailbox, it is already stale. The city assessed the average Oakridge house at $3,118,535. The HonestDoor Price on that same house is $3,449,243. That is a gap of roughly $330,000.

For condos, the gap is even wider. The average assessed value sits at $1,035,754. The HonestDoor Price is $1,415,427. That is a difference of nearly $380,000 - or 36.66% higher than what the city has on record.

That gap is not a glitch. It reflects what buyers are actually paying in the real world right now, not what a government formula calculated from last summer's data. If you are making any financial decision - refinancing, selling, estate planning, or just figuring out your net worth - the HonestDoor Price is the number that reflects today, not yesterday.

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

If you own a house in Oakridge and you are thinking about listing this summer, here is the honest read. You are in a high-value neighbourhood with a thin transaction market - only 4 house transactions recorded in 2026 across 2,430 assessed properties. That means fewer comps, more pricing uncertainty, and buyers who will negotiate hard if your listing sits. The market is taking a breather on the growth side, and pricing it right from day one matters more than ever.

If you own a condo, the picture is a bit brighter. Momentum is positive, you are outperforming most Vancouver neighbourhoods on recent growth, and your sale price is already beating nearby Marpole and South Cambie. Summer could be a reasonable window.

Either way, start with your HonestDoor Price - not your assessment - as your baseline. Then talk to someone who knows this specific pocket of Vancouver. Oakridge is not a neighbourhood where generic market advice cuts it.

• Neighbourhood growth (overall): -0.04% year over year - the market is steady, not surging
• Airbnb rank in Vancouver: 6 - strong short-term rental appeal if that is part of your strategy
• Closest neighbours for comparison: South Cambie (cheaper, slower growth), Marpole (cheaper, slower growth), Sunset (cheaper, slightly faster growth)

Bottom line - Oakridge is still one of Vancouver's top addresses by price. But right now, knowing your real number and timing your move carefully is what separates a good outcome from a great one.

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.