Shaughnessy, Vancouver - October 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. The average assessed value here sits at $3,662,130 for houses - but the average HonestDoor Price is $5,315,251. That's a 45% gap. For condos, the city says $1,149,606, and HonestDoor says $1,409,186. The assessment is a snapshot from last year. HonestDoor is what's happening right now.
The Vibe: Houses vs. Condos
Let's break down what's actually moving in our neighbourhood.
Houses
We're talking about the most expensive houses in Vancouver - full stop. Price rank is 1 out of 22 neighbourhoods. The average sale price is sitting at $6,350,000, and the HonestDoor predicted market value is $5,396,200, which is ticking upward from the 3-month moving average of $5,391,425. Values have dipped a modest 0.30% recently, and on the neighbourhood growth leaderboard, we rank 9 out of 23. That's solidly above average, not the top of the pack, but not sliding either. Think of it as the market taking a breather at altitude.
- Average sale price: $6,350,000
- HonestDoor predicted value: $5,396,200
- Price per square foot: $732
- Estimated monthly rent: $13,276
- Rental yield: 2.78%
- Recent value change: -0.30%
- Growth rank: 9 out of 23 in Vancouver
- Price rank: 1 out of 22 in Vancouver
Condos
Our condos are actually a different story - and a better one right now. Values are up 0.38% recently, and on the growth leaderboard, Shaughnessy condos rank 4 out of 22 neighbourhoods in Vancouver. That puts us in the top performers category. The average sale price is $1,450,000, and the HonestDoor predicted value is $1,419,891 - also climbing past its 3-month moving average of $1,415,627. Price rank is 2 out of 22. We're sitting just above Arbutus Ridge condos ($1,402,424) and below South Cambie ($1,594,941) in the comparison set.
- Average sale price: $1,450,000
- HonestDoor predicted value: $1,419,891
- Price per square foot: $1,193
- Estimated monthly rent: $4,858
- Rental yield: 2.99%
- Recent value change: +0.38%
- Growth rank: 4 out of 22 in Vancouver
- Price rank: 2 out of 22 in Vancouver
The Secret Sauce: Why Your HonestDoor Price Matters Right Now
Here's the thing about BC Assessments - they're calculated using data from July 1 of the prior year. By the time that letter hits your mailbox, the number is already six to twelve months stale. In a neighbourhood like ours, where a single percentage point swing represents tens of thousands of dollars, that lag matters.
The HonestDoor Price is a real-world check. It pulls from actual recent sales, current market signals, and live data - not a government formula frozen in time. For houses here, that gap between the assessed value and the HonestDoor Price is $1,653,121. For condos, it's $259,580. If you're making any decision - selling, refinancing, even just benchmarking your net worth - you want the number that reflects today, not last summer.
And compared to every neighbourhood around us? South Cambie houses are priced at $3,150,665 on HonestDoor. Arbutus Ridge at $3,446,799. Fairview at $1,643,072. Every single one of them is cheaper than Shaughnessy, and every single one of them is growing slower. We're the premium address, and the data backs it up.
The So What: Thinking About Selling This Summer?
If you're a house owner weighing a summer sale, here's the honest picture. Transaction volume is thin right now - only 1 house sold in 2026 so far. That's not panic-worthy; it's just the reality of a high-price, low-inventory market. Fewer buyers can play at this level. But the buyers who can? They're serious, and they know what Shaughnessy commands.
The HonestDoor Price for houses has dipped 1.50% from the previous period. That's not a crash - it's a small correction in a market that was already at the top. If you've been sitting on a property for years, your equity position is still enormous. The question is whether you want to move before any further softening, or hold and let the market find its floor.
For condo owners, the timing looks a bit friendlier. Values are trending up, growth is ranking in the top 5 in the city, and the rental yield of 2.99% gives buyers a real income story to latch onto. If you're thinking about listing, the momentum is on your side right now.
Bottom line - Shaughnessy is still the most expensive address in Vancouver for houses, and one of the top two for condos. The market is not running hot, but it is not falling apart either. Pull your HonestDoor Price, know your real number, and make your move with clear eyes.
shaughnessy | 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.