Shaughnessy, Vancouver - August 2026 Real Estate Report

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

If you own in Shaughnessy and you're still looking at your BC Assessment notice to figure out what your place is worth, stop. That number is already old news - and in this neighbourhood, the gap between what the city says and what the market says is massive.

The Vibe: What's Actually Happening on Our Streets

Let's be honest - transaction volume is thin right now. One house sold and one condo sold in 2026 so far. That's not a crash, it's just Shaughnessy doing what Shaughnessy does: moving slowly because the stakes are high and the buyers are selective. Here's the breakdown for us locals.

Houses

If you've been watching the "For Sale" signs in Shaughnessy, here's what's actually happening with houses. The average sale price sits at $4,470,000, with a price per square foot around $778. The HonestDoor Price for houses is $5,364,515 - and it's ticking upward against a 3-month moving average of $5,358,286. That's a slow climb, but it's a climb.

• Average Sale Price: $4,470,000
• Price Per Square Foot: $778
• HonestDoor Predicted Value: $5,364,515
• 3-Month Moving Average: $5,358,286
• Estimated Monthly Rent: $13,230
• Rental Yield: 2.79%
• Airbnb Potential: $657/month
• Growth Rank: 11 out of 23 neighbourhoods - above average in Vancouver
• Price Rank: 2 out of 22 - among the most expensive in Vancouver

Growth is essentially flat - down 0.04% recently. Think of it as the market taking a breather, not falling apart. Every comparable neighbourhood nearby is also slower. South Cambie, Arbutus Ridge, Fairview - all cheaper, all growing slower. We're still the benchmark.

Condos

The condo story in Shaughnessy is actually a bit more interesting right now. Values are up 0.66% recently, which earns us a growth rank of 2 out of 22 Vancouver neighbourhoods. That puts Shaughnessy condos near the top of the leaderboard - a detail most owners have no idea about.

• Average Sale Price: $2,150,000
• Price Per Square Foot: $1,063
• HonestDoor Predicted Value: $1,412,432
• 3-Month Moving Average: $1,405,421
• Estimated Monthly Rent: $4,871
• Rental Yield: 2.98%
• Airbnb Potential: $242/month
• Growth Rank: 2 out of 22 - top performer in Vancouver
• Price Rank: 1 out of 22 - the most expensive condos in Vancouver

Shaughnessy condos sit slightly above nearby Arbutus Ridge ($1,393,048) and below South Cambie ($1,626,213). We're holding our own in a tough market, and the upward trend is real.

The Secret Sauce: Why Your HonestDoor Price Matters Right Now

Here's the number that should get your attention. The city's average assessed value for a Shaughnessy house is $3,661,586. The average HonestDoor Price is $5,411,543. That's a gap of nearly $1.75 million - or 47.79% higher than what the assessment says.

For condos, the assessed value averages $1,149,606. The HonestDoor Price is $1,414,559 - that's 23.05% higher than the city's number.

The BC Assessment is a snapshot taken months ago, using data that's even older. The HonestDoor Price pulls from real-time market signals and updates continuously. If you're making any financial decision - refinancing, selling, estate planning, even just knowing your net worth - the HonestDoor Price is the real-world check. The assessment is the starting point. The HonestDoor Price is where the conversation actually begins.

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

Shaughnessy has 1,357 houses and 263 condos assessed this year. That's a lot of homeowners who may be sitting on significantly more equity than they realize.

If you're thinking about selling this summer, here's the straight talk. Buyer demand is selective and volume is low - but that cuts both ways. Low inventory means serious buyers have fewer choices, and Shaughnessy is always on the short list. You're not competing with a flood of listings.

The rental picture also adds context. At $13,287 per month in estimated rent for a house, and an Airbnb rank of 2 in all of Vancouver, this neighbourhood has real income potential that sophisticated buyers price in. That supports values even when the broader market is quiet.

The bottom line - if your plan is to sell, get your HonestDoor Price first. Walk into any conversation knowing the real number, not the city's number. In Shaughnessy, that difference is not small. It's life-changing money.

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.