Paradise, Paradise - July 2026 Real Estate Report

Paradise Real Estate Right Now: What Your Neighbours Are Not Telling You

If you own a home in Paradise and you have not checked your property value lately, you might be leaving real money on the table. Here is the straight-up picture of what is happening on our streets right now.

The Vibe: Houses vs. Condos in Paradise

We are seeing two very different stories playing out depending on what type of property you own here.

Houses are holding steady and moving in the right direction. The average HonestDoor Price for a house in Paradise sits at $390,669, up 1.62% from the previous period. The predicted market value is $384,423, and that number is climbing - it is up from the 3-month moving average of $381,416. That is a slow and steady climb, which is actually a healthy sign. No wild swings, just consistent upward movement.

• Average HonestDoor Price: $390,669
• Predicted Market Value: $384,423
• 3-Month Moving Average: $381,416
• Recent Value Change: up 1.06%
• Average Rental Estimate: $2,041 per month
• Rental Yield: 5.85% - that is strong
• Airbnb Estimate: $101 per night
• Neighbourhood Growth Rank: 5 out of 8 in Paradise

On the neighbourhood leaderboard, houses in Paradise rank 5 out of 8 for growth compared to similar areas. That puts us in the middle of the pack. Not leading the charge, but not falling behind either. Nearby, St. Thomas is coming in at $500,107 and Valley Ridge at $455,703, so there is room for Paradise house values to keep climbing toward those benchmarks.

Condos are a more interesting conversation right now. The average HonestDoor Price is $548,164 - and yes, that is a 25.73% jump from the previous period. That headline number is eye-catching. But here is where we need to be honest with each other: the predicted market value has pulled back to $435,979, down from a 3-month moving average of $621,088. That is a -22.08% recent change. What does that mean? It means the condo market here had a sharp run-up and is now recalibrating. It is taking a breather.

• Average HonestDoor Price: $548,164
• Predicted Market Value: $435,979
• 3-Month Moving Average: $621,088
• Recent Value Change: -22.08%
• Average Rental Estimate: $2,737 per month
• Rental Yield: 3.96% - moderate
• Airbnb Estimate: $137 per night
• Neighbourhood Growth Rank: 3 out of 8 in Paradise

On the condo leaderboard, Paradise ranks 3 out of 8 - that is above average for growth in our city. Even with the recent pullback, we are still outperforming most comparable neighbourhoods. Donovan Terrace condos are sitting at $608,100, so there is a ceiling we have already touched and could reach again.

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

Here is the thing about your city tax assessment - it is a snapshot from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time using actual sales data, current market trends, and comparable properties selling right now in Paradise and the surrounding neighbourhoods.

Think about it this way. If your tax assessment says your house is worth $350,000 but the HonestDoor Price is showing $390,669, you are potentially undervaluing your own asset. That gap matters when you are refinancing, negotiating, or deciding whether to sell. Your HonestDoor Price is the real-world check - the number that reflects what a buyer would actually write on a cheque today, not what a government office calculated a year or two ago.

For condo owners especially, this is critical right now. With values shifting as quickly as they have been, a static assessment is almost useless for making a real financial decision.

The So What: Thinking About Selling This Summer?

If you own a house in Paradise and you are thinking about listing this summer, the timing is reasonable. Values are trending up, the predicted price is above the 3-month average, and rental demand is strong at $2,041 per month with a 5.85% yield. That rental yield tells buyers this is a property that works as an investment too - which widens your pool of potential buyers.

If you own a condo, the picture is more nuanced. The HonestDoor Price of $548,164 is strong, but the predicted value has pulled back to $435,979. If you are selling, price it with eyes open. The market ran hot and is now finding its level. That does not mean do not sell - it means price it right and do not chase the peak number. A well-priced condo in a neighbourhood ranked 3 out of 8 for growth will still attract serious buyers.

Bottom line for all of us in Paradise: check your HonestDoor Price before you make any move. It is free, it is current, and it is the most honest number you are going to find before you sit down with an agent.

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.