Shaughnessy, Vancouver - September 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 enormous.

The Vibe: What's Actually Happening on Our Streets

Shaughnessy holds the number one spot for average assessed value in all of Vancouver. That's not a surprise to any of us who live here. But the real story is how far the actual market has moved past those government numbers. Here's the quick breakdown by property type.

Houses

• Average sale price: $6,350,000
• HonestDoor Price (predicted market value): $5,412,605
• 3-month moving average: $5,381,916 - and we're trending up
• Price per square foot: $732
• Estimated monthly rent: $13,287
• Rental yield: 2.78%
• Recent value change: up 0.88%
• Growth rank: 11 out of 23 neighbourhoods in Vancouver - solidly above average
• Price rank: 1 out of 22 - the most expensive in the city, full stop

Transaction volume is thin right now - only 1 house sale recorded in 2026 so far. That's not a red flag, it's just Shaughnessy being Shaughnessy. These homes don't change hands often, and when they do, the numbers are serious. The predicted value is climbing past its own 3-month average, which tells us the floor here keeps rising.

Condos

• Average sale price: $1,450,000
• HonestDoor Price (predicted market value): $1,414,559
• 3-month moving average: $1,410,049 - also trending up
• Price per square foot: $1,193
• Estimated monthly rent: $4,874
• Rental yield: 2.98%
• Recent value change: up 0.15%
• Growth rank: 10 out of 22 neighbourhoods - above average in Vancouver
• Price rank: 1 out of 22 - again, top of the city

Condo values here are up 0.38% from the previous period and growing at 0.03% year over year. Compare that to nearby South Cambie and Fairview, which are both pulling back at -0.05% and -0.02% respectively. Our condos are holding and nudging upward while the neighbours take a breather. That matters if you're thinking about timing a sale.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here's the thing about BC Assessments - they're a snapshot from July 1st of the previous year. By the time that notice hits your mailbox, the data is already six to twelve months stale. In a neighbourhood like Shaughnessy, that lag costs you real money in how you think about your equity.

Look at the gap for houses. The average assessed value sits at $3,662,130. The average HonestDoor Price is $5,396,200. That's a difference of 47.35%. Nearly half again as much value that the city's number simply doesn't capture. For condos, the assessed average is $1,149,606 versus a HonestDoor Price of $1,419,891 - a 23.51% gap.

The HonestDoor Price updates in real time using current sales data, market signals, and neighbourhood trends. It's the real-world check against a static government number. If you're making any financial decision - refinancing, estate planning, or just figuring out where you actually stand - use the number that moves with the market, not the one that lags behind it.

The 'So What?': Thinking About Selling This Summer?

Here's the honest read if you're weighing a summer listing in Shaughnessy.

On the house side, you're sitting at the top of the Vancouver leaderboard on price, and your predicted value is trending above its 3-month average. The Airbnb rank for the neighbourhood is number 2 in the entire city - that short-term income story adds a compelling angle for buyers who want optionality. At $659 per night, that's a real number that sophisticated buyers will notice.

On the condo side, you're also ranked number 1 on price in Vancouver, and you're outgrowing nearby competition. South Cambie condos are sitting at a higher predicted value of $1,604,798, but their growth is negative. Arbutus Ridge is cheaper and also declining. Fairview is cheaper and declining. Shaughnessy condos are the one spot in this corner of the city where values are still moving in the right direction.

The neighbourhood overall has 1,356 houses and 263 condos assessed this year. That's a deep, established base. Low transaction volume means less competition from other sellers - which is actually a good thing if you're the one listing.

Bottom line: if you've been sitting on the fence, the data right now is not screaming urgency - but it is quietly pointing up. Get your HonestDoor Price, understand the real gap between your assessment and your actual market value, and make the call from a position of real information.

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.