Panorama Village, West Vancouver - June 2026 Real Estate Report

Panorama Village Real Talk: Your Home Is Worth Way More Than the City Thinks

If you have been glancing at your property tax notice and wondering if the numbers add up, here is the short answer: they do not. The city's assessment is running nearly $1.2 million behind what your home is actually worth right now. That gap is not a rounding error - it is real money sitting on the table.

The Vibe - What Is Actually Happening in Our Neighbourhood

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

Houses

The house market in Panorama Village is holding its ground. The average sale price sits at $4,700,000, essentially flat from last month. Only 1 home sold recently, so we are not dealing with a flood of inventory - this is a tight, high-value market where each sale carries serious weight.

• Average Sale Price: $4,700,000
• Price Per Square Foot: $598
• HonestDoor Price (Predicted Market Value): $4,153,367
• 3-Month Moving Average: $4,219,202 (values are easing slightly)
• Recent Value Change: -1.77%
• Estimated Monthly Rent: $11,145
• Rental Yield: 3.08%
• Airbnb Income Potential: $553 per month (or roughly $553 per night on the short-term market)
• Growth Rank: 12 out of 26 neighbourhoods in West Vancouver - solidly above average
• Price Rank: 6 out of 24 - this is a premium address, full stop

The 3-month moving average is drifting down from $4,219,202 to $4,153,367. That is the market taking a breather, not falling off a cliff. For context, we are still outpricing Westhill ($3,078,642) by a wide margin, and sitting just below Canterbury ($4,535,699). Whitby Estates is in a different stratosphere at $6,751,882, but growth data there is unavailable - so that premium is harder to justify right now.

Condos

The condo picture is more interesting - and a little more cautious. The HonestDoor Price for condos here is $4,467,000, but it has dropped 5.57% from the previous period. That is a number worth paying attention to.

• HonestDoor Price: $4,467,000 (down 5.57%)
• Predicted Market Value: $4,730,633
• 3-Month Moving Average: $4,861,378 (trending down)
• Recent Value Change: -1.95%
• Estimated Monthly Rent: $13,133
• Rental Yield: 1.09%
• Airbnb Rank in West Vancouver: 2nd - this is a top-tier short-term rental location
• Airbnb Income Potential: $652 per month
• Growth Rank: 12 out of 19 - below average for condos in West Vancouver

That Airbnb rank of 2nd in all of West Vancouver is the standout stat here. If you own a condo in Panorama Village and you are not at least exploring short-term rental options, you are leaving money on the floor. The rental yield of 1.09% on a long-term lease is thin for a $4.7M asset - the short-term play is where the real income potential lives.

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

Here is the thing about government assessments: they are a snapshot from the past. The city assessed the average Panorama Village home at $2,960,272. The HonestDoor Price says $4,151,259. That is a gap of over $1.19 million - or 40.23% - between what the government thinks your home is worth and what the real world says it is worth.

The HonestDoor Price updates in real time. It pulls from actual market activity, recent sales, and current conditions - not a once-a-year government exercise. If you are making any financial decision based on your assessed value alone - whether that is refinancing, estate planning, or pricing a listing - you are working with an outdated map.

With 265 properties assessed in Panorama Village this year, there is enough data to make the HonestDoor Price a genuinely reliable benchmark for this neighbourhood specifically. This is not a broad-brush estimate. It is grounded in what is actually happening on our streets.

The So What - Should You Sell This Summer?

If you own a house in Panorama Village and you have been sitting on the fence, here is the honest read: the market is not crashing, but it is softening. Values are down 1.77% recently and the moving average is slipping. Waiting for a spring bounce that may not come is a real risk.

The average sale price of $4,700,000 is still strong - and it beats nearby Whitby Estates sales at $4,100,000. But with the predicted value at $4,153,367 and trending lower, the gap between asking and getting is something to watch closely.

For condo owners, the 5.57% drop in HonestDoor Price is a louder signal. If selling is on your radar, sooner is likely better than later while values are still well above the $4.4M mark. The below-average growth rank (12 out of 19) tells us condos here are not leading the recovery - they are waiting for it.

Bottom line: Panorama Village is still one of the top-priced addresses in West Vancouver - ranked 6th for houses and holding a premium over most neighbours. But the window for peak pricing may be narrowing. If you want to know exactly where your specific property sits right now, your HonestDoor Price is the number to start with - not the one on your tax bill.

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.