Panorama Village, West Vancouver - October 2026 Real Estate Report
Panorama Village, West Vancouver: Your Home Is Worth Way More Than the City Thinks
The Vibe Right Now
If you have been watching the "For Sale" signs in Panorama Village, here is what is actually happening. The market is taking a breather - values are nudging down slightly - but the bigger story is the gap between what the city says your home is worth and what it would actually sell for. That gap is enormous, and ignoring it could cost you real money.
Houses: Solid Ground, Slight Softening
For houses in Panorama Village, the average sale price is sitting at $3,600,000, with price per square foot around $1,089. That is a strong number, though it runs a bit below what houses are fetching over in Whitby Estates at $4,100,000. Only 2 homes sold recently, which is a thin market - meaning each sale carries a lot of weight when pricing your own place.
The predicted market value for houses is $4,002,228, and it is drifting slightly below the 3-month moving average of $4,029,781. Values have shifted -0.46% recently. Not a freefall - just a slow exhale.
- Average sale price: $3,600,000
- Price per square foot: $1,089
- Predicted market value: $4,002,228
- 3-month moving average: $4,029,781
- Recent value change: -0.46%
- Estimated monthly rent: $10,886
- Rental yield: 3.12%
- Properties sold recently: 2
On the neighbourhood leaderboard, Panorama Village houses rank 12 out of 26 West Vancouver neighbourhoods for growth - right in the above-average tier. For price, we sit at 10 out of 26, which puts us firmly in the upper end of the city. That is a respectable position, even in a quieter market.
Condos: A Niche Market With Big Numbers
Condos here are a different story. The average HonestDoor Price for a Panorama Village condo is $4,647,000 - and the predicted value is $4,661,200, which is actually trending up against the 3-month moving average of $4,628,589. That is a small but meaningful signal that condo values here are holding their own.
- Average HonestDoor Price: $4,647,000
- Predicted market value: $4,661,200
- 3-month moving average: $4,628,589
- Recent value change: -0.10%
- Estimated monthly rent: $13,067
- Rental yield: 1.12%
- Airbnb rank in West Vancouver: 2nd
That Airbnb rank is worth noting. Panorama Village condos rank 2nd in all of West Vancouver for short-term rental income potential, with an estimated $648 per night. If you own a condo here and have not thought about that angle, you probably should. On the growth leaderboard, condos rank 11 out of 19 West Vancouver neighbourhoods - below average - but the pricing power here is still well above most of the city.
The Secret Sauce: Your Tax Assessment Is Lying to You (Not on Purpose, But Still)
Here is the thing about your BC Assessment notice. It is a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it is already stale. For Panorama Village homeowners, that staleness has a dollar figure attached to it.
The average assessed value in Panorama Village is $2,960,272. The average HonestDoor Price is $3,955,096. That is a difference of roughly $995,000 - or 33.61% more than what the government has on file. For condos, the HonestDoor Price hits $4,647,000, a number the assessment does not come close to reflecting.
The HonestDoor Price updates in real time using actual sales data, market trends, and current comparable properties. It is the number a serious buyer would use to make an offer - not the number your city uses to calculate your property tax. Knowing the difference is not just interesting. It is the difference between pricing your home right and leaving six figures on the table.
The "So What?" - Thinking About Selling This Summer?
If you are weighing a sale this summer, here is the honest read. Panorama Village is not a hot, fast market right now - only 1 transaction recorded in 2026 for the broader neighbourhood, and 2 house sales in the recent period. Low volume cuts both ways. There are fewer competing listings, but also fewer buyers actively shopping. Pricing sharp and marketing hard matters more here than in a high-volume area.
The good news is that your real-world value - the HonestDoor Price - is significantly above what most people assume based on their assessment. A house predicted at $4,002,228 in a neighbourhood that ranks in the top 10 for price in West Vancouver is a strong asset. Whitby Estates next door is fetching $4,100,000 on average for houses and $6,004,897 on the HonestDoor side, which sets a ceiling that Panorama Village is not far from reaching.
Bottom line - check your HonestDoor Price before you talk to any agent. Walk into that conversation knowing what the market actually thinks your home is worth, not what a July 2024 assessment says. That number is your starting point, and in Panorama Village, it is a much better one than most homeowners realize.
panorama village | west 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.