Oakridge, Vancouver - September 2026 Real Estate Report

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

If you own in Oakridge and you're still looking at your BC Assessment notice to figure out what your place is worth, stop. That number is already old. The real picture is quite a bit more interesting - and more valuable.

The Vibe: What's Actually Happening on Our Streets

Oakridge sits in a rare spot in Vancouver. It's one of the most expensive neighbourhoods in the city, and the numbers back that up. Let's break it down by property type, because houses and condos are telling two different stories right now.

Houses: Expensive, Stable, and Holding Their Ground

If you've been watching the "For Sale" signs in Oakridge, here's what's actually happening with houses. Sales are quiet - only 2 properties moved recently - but prices aren't flinching.

• Average sale price: $3,755,952
• Price per square foot: $1,767
• HonestDoor predicted market value: $3,479,682
• 3-month moving average: $3,461,609 - and the current value is trending above it
• Estimated monthly rent: $10,240
• Rental yield: 3.28%
• Recent value change: up 0.90%
• Growth rank: 10 out of 23 neighbourhoods - solidly above average in Vancouver
• Price rank: 3 out of 22 - among the most expensive in the city

The house market here is not on fire, but it is not cooling off either. It's holding. For a neighbourhood ranked 3rd most expensive in Vancouver, that kind of stability is actually a flex. Low volume just means fewer people are willing to let go of what they have.

Condos: A Softer Patch, But Still a Premium Address

The condo side of Oakridge is taking a bit of a breather. Values dipped 1.24% recently, and the predicted market value of $1,397,807 is sitting just below the 3-month moving average of $1,415,012. Only 1 condo sold recently, and the growth rank is 20 out of 22 neighbourhoods. That's the honest truth.

• Average sale price: $908,000
• Price per square foot: $908
• HonestDoor predicted market value: $1,397,807
• Estimated monthly rent: $4,903
• Rental yield: 2.76%
• Airbnb potential: $241 per night - ranked 11th in Vancouver
• Recent value change: -1.24%
• Growth rank: 20 out of 22 - bottom of the leaderboard right now
• Price rank: 10 out of 22 - still above average in price

The condo market here is not in freefall - it's just slow. The address still commands a premium. But if you're a condo owner thinking about timing, this is a moment to pay attention to, not ignore.

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here's the thing about your BC Assessment. It's a snapshot from last July. It does not know what happened on your block last month. It does not adjust for the Oakridge Centre redevelopment buzz, shifting buyer demand, or what your neighbour's place actually sold for.

The HonestDoor Price is the real-world check. And right now, it's telling a very different story than the city's number.

• Houses: HonestDoor Price averages $3,464,548 - that's 11.10% higher than the average assessed value of $3,118,535. That gap is real money. We're talking roughly $346,000 sitting between what the city thinks your house is worth and what the market actually says.
• Condos: HonestDoor Price averages $1,391,267 against an average assessed value of $1,035,754. That's a 34.32% gap - over $355,000 of value that your tax assessment is simply not capturing.

If you're making any financial decision - refinancing, selling, estate planning - using the assessed value alone is leaving serious money on the table. Check your HonestDoor Price. It updates in real time, not once a year.

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

Here's the straight answer for anyone weighing a summer sale in Oakridge.

For house owners, the timing is reasonable. Prices are near the top of the Vancouver leaderboard, values are nudging upward, and the predicted market value is climbing above its own 3-month average. You're not selling into a declining market. Low transaction volume means less competition from other sellers, which works in your favour. The rental market is also strong at $10,240 a month, so buyers who run the numbers will see the income potential too.

For condo owners, be honest with yourself about the current momentum. Growth is ranked near the bottom of Vancouver neighbourhoods right now, and values have dipped slightly. That does not mean you can't sell - it means you need to price smart and not anchor to last year's peak. Your HonestDoor Price of $1,391,267 is still well above what the city assessed you at, so there's real value to work with. Just don't wait for the market to come back to you. Be realistic and move with purpose.

Either way, Oakridge is still one of the most sought-after addresses in Vancouver. The neighbourhood leaderboard puts house prices at 3rd in the city. That reputation does not disappear in a slow month. It just means the buyers who show up are serious ones.

Want to know exactly where your specific property sits? Pull your HonestDoor Price at honestdoor.com. It's free, it's current, and it's a much better starting point than waiting for next January's assessment notice.

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.