HonestDoor

    Panorama Village, West Vancouver - September 2026 Real Estate Report

    2026-09-16 00:00 · Your HonestDoor Team

    West Vancouver, Panorama Village

    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 city's assessment says your house is worth around $2,960,272. The HonestDoor Price says $4,002,228. That is a gap of over a million dollars. That is not a rounding error - that is real money sitting on the table that a government spreadsheet is not capturing.

    The neighbourhood is taking a breather. Growth dipped 0.02% year over year, and the HonestDoor Price for houses slipped 0.46% from the previous period. But before you panic, keep reading. The price rank tells a different story.

    Houses: Still a Top-Tier Address

    On the house side, Panorama Village is holding its ground where it counts. Here is the snapshot:

    • Average HonestDoor Price: $4,002,228
    • Average assessed value: $2,960,272 - that is 35.20% below what the market actually says your home is worth
    • Average sale price: $4,700,000
    • Price per square foot: around $598
    • Predicted market value: $4,020,608
    • 3-month moving average: $4,079,458 - values are easing slightly, so the window to act is now
    • Estimated monthly rent: $10,885
    • Rental yield: 3.11%
    • Airbnb potential: $541 per night

    On the neighbourhood leaderboard, Panorama Village houses rank 7 out of 26 for price in West Vancouver. That puts us firmly in the top tier for what homes are worth here. The growth rank sits at 20 out of 26, which is honest - we are not the fastest-moving pocket in West Van right now. But we are one of the most expensive, and that matters when you are selling.

    Compare that to nearby Westhill, where the HonestDoor Price is $3,062,945 and growth is running at -0.05%. We are over $900,000 ahead on price. Whitby Estates is the only neighbour playing in a higher league, with an average HonestDoor Price of $6,149,762 - but that is a different market entirely.

    Condos: A Surprisingly Strong Story

    The condo picture in Panorama Village is one we do not talk about enough. These are not your typical West Van condos. Here is what the numbers show:

    • Average HonestDoor Price: $4,661,200
    • Predicted market value: $4,666,067
    • 3-month moving average: $4,563,856 - and values are trending up, not down
    • Recent value change: up 2.36%
    • Estimated monthly rent: $13,073
    • Airbnb potential: $648 per night - ranked 2nd in all of West Vancouver for Airbnb income
    • Rental yield: 1.11%

    On the neighbourhood leaderboard, Panorama Village condos rank 8 out of 19 for growth in West Vancouver - above average. And with an Airbnb rank of 2 out of all West Van neighbourhoods, the short-term rental income potential here is genuinely hard to beat. Canterbury condos nearby are slightly higher at $4,856,400, but we are right in that conversation.

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

    Here is the honest truth about BC assessments. They are a snapshot from July 1 of the previous year. By the time that number lands in your mailbox, it is already stale. The market has moved. Buyer demand has shifted. And in a neighbourhood like Panorama Village, where the gap between assessed value and real-world value is over $1,000,000 for houses, relying on that number is like navigating with an old map.

    The HonestDoor Price pulls from current sales data, real-time market signals, and comparable properties. It is updated continuously. It is the number a serious buyer is going to benchmark against - not the city's figure. If you are making any financial decision tied to your home's value, whether that is refinancing, estate planning, or listing, start with the HonestDoor Price. It is the real-world check the assessment was never designed to be.

    So What Does This Mean If You Are Thinking About Selling This Summer?

    Straight talk: the window is open, but it is not getting wider. Here is why this summer matters for Panorama Village sellers.

    • House values are easing - the predicted value of $4,020,608 is sitting below the 3-month moving average of $4,079,458. Waiting is not working in your favour right now.
    • The price rank of 7 out of 26 in West Vancouver means buyers looking at premium addresses are still landing here. That buyer pool is real.
    • With only 1 house sold recently, inventory is tight. Low supply and a high price rank is a combination sellers want to move on.
    • For condo owners, the momentum is actually positive - values are up 2.36% recently and trending above the 3-month average. If you have been on the fence, the data is pointing in your direction.
    • Your assessed value of $2,960,272 is not your selling price. Your HonestDoor Price of $4,002,228 is the number to anchor your conversation with an agent.

    Bottom line: Panorama Village is a premium address in a market that is catching its breath. If you are a house owner, the time to move is before values drift further from that moving average. If you own a condo here, the short-term momentum is on your side. Either way, get your HonestDoor Price in front of you before you make any move.

    panorama village | west vancouver | september 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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