Oakridge, Vancouver - October 2026 Real Estate Report
Oakridge Real Estate Check-In: Your Home Is Worth More Than the City Thinks
If you own property in Oakridge and you have not looked at your HonestDoor Price lately, you are probably sitting on more equity than your tax assessment is telling you. Here is the straight story on what is actually happening in one of Vancouver's priciest neighbourhoods right now.
The Vibe: What the Market Is Doing
Oakridge is taking a breather. Growth dipped 0.04% year over year, and recent property value changes are slightly negative. But let's be clear - this is not a market in trouble. It is a high-value neighbourhood that is catching its breath after years of strong appreciation. We are still talking about some of the most expensive real estate in the city.
Houses: Still Elite, Just Slower
If you've been watching the "For Sale" signs in Oakridge, here is what is actually happening with houses right now.
- Average sale price: $3,755,952
- Price per square foot: $1,767
- HonestDoor predicted market value: $3,464,093
- Estimated monthly rent: $10,228
- Rental yield: 3.29%
- Properties sold in 2026 so far: 2
- Recent value change: -0.45%
Only 2 houses sold recently, which means the market is thin. Thin markets can swing hard in either direction - one motivated seller can drag the average down, and one bidding war can push it up. The price rank of 3 out of 22 comparable neighbourhoods tells us what we already know: Oakridge houses are among the most expensive in Vancouver, full stop. The growth rank of 13 out of 23 puts us just below the middle of the pack right now, which is the "breather" part of the story.
Condos: A Bigger Gap Between Assessment and Reality
The condo story in Oakridge is where things get really interesting for us as owners.
- Average sale price: $700,000 (down 22.9% from last month - but only 1 sale, so take that with a grain of salt)
- Price per square foot: $968
- HonestDoor predicted market value: $1,391,267
- Average assessed value: $1,035,754
- Estimated monthly rent: $4,856
- Rental yield: 2.80%
- Recent value change: -0.47%
- Growth rank: 11 out of 22 - above average in Vancouver
- Price rank: 10 out of 22 - above average in price
One condo sale does not make a trend. That 22.9% month-over-month drop is almost certainly a sample size issue, not a market collapse. The HonestDoor Price of $1,391,267 is the more reliable number to anchor to here. Condos rank 11th out of 22 for growth - right in the middle of the Vancouver neighbourhood leaderboard, which is a solid position for a neighbourhood of this calibre.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the thing about your city assessment - it is a snapshot from months ago, calculated using a formula that does not know what your renovated kitchen looks like or what sold two streets over last week. It is a rearview mirror number.
The HonestDoor Price is updated in real time using actual market signals. For Oakridge houses, the average HonestDoor Price is $3,412,830 - that is 9.44% higher than the average city assessment. For condos, the gap is even bigger. The average HonestDoor Price of $1,421,003 sits 37.20% above the average assessed value of $1,035,754.
That gap is not a rounding error. For a condo owner, that could be hundreds of thousands of dollars in equity you are not accounting for if you are only looking at your assessment notice. The HonestDoor Price is the real-world check that tells you what buyers are actually willing to pay today - not what a government formula calculated last July.
The So What: Thinking About Selling This Summer?
If you are weighing a summer sale in Oakridge, here is the honest take.
- Transaction volume is low - 4 house transactions and 9 condo transactions in 2026 so far. Low supply means less competition for your listing.
- Prices are softening slightly, but Oakridge still ranks near the top of Vancouver for price. You are not selling in a weak market - you are selling in a high-value market that is moving carefully.
- The Airbnb rank of 6 in Vancouver for houses means short-term rental demand is strong here, which is a selling point for buyers who want flexibility.
- Nearby neighbourhoods like Marpole (HonestDoor Price $2,319,462) and Sunset ($1,908,809) are cheaper and growing slower. Oakridge still commands a serious premium over its neighbours.
- With rental estimates of $10,228 per month for houses, investor buyers have a real income story to work with - that helps your buyer pool.
The bottom line: Oakridge is not a market you panic-sell in, and it is not a market you ignore either. If your plan is to sell this summer, price it sharp, lean on the HonestDoor Price as your anchor, and know that you are listing in one of the top-tier neighbourhoods in the entire city. That still means something.
oakridge | vancouver | october 2026This 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.