South Cambie, Vancouver - October 2026 Real Estate Report
South Cambie, Vancouver: Your Home Is Worth More Than The City Thinks
The Vibe Right Now
If you own a house in South Cambie and you have not checked your actual market value lately, you are leaving real money on the table. The city's assessment says your home is worth around $2.7 million. The HonestDoor Price says $3.15 million. That is a gap of nearly $405,000. That is not a rounding error - that is a renovation, a down payment on a second property, or a very comfortable retirement top-up.
The neighbourhood is taking a small breather - growth is down 0.05% year over year - but do not confuse a pause with a problem. South Cambie is still one of the pricier, more stable pockets in the city, and the fundamentals here are solid.
Houses: Still a Top-Tier Asset
Houses in South Cambie are performing well where it counts. Here is the snapshot:
- Average HonestDoor Price: $3,150,665
- Average assessed value: $2,746,064 - that is 14.73% below what the market actually says your home is worth
- Average sale price: $2,955,000, holding steady
- Price per square foot: $3,144
- Predicted market value: $3,188,758 - trending up from the 3-month average of $3,172,812
- Estimated monthly rent: $9,479 with a rental yield of 3.39%
- Airbnb potential: $471 per night - ranked 7th in all of Vancouver
- Growth rank: 2 out of 23 comparable neighbourhoods in Vancouver
That growth rank is the number to pay attention to. Out of 23 neighbourhoods, South Cambie houses sit at number 2 on the leaderboard. We are not at the top, but we are right there. And with price ranked 5th out of 22, this is a neighbourhood that holds its value and then some.
Compare that to Riley Park next door - cheaper at $2.4 million average and growing slightly faster, but you are not getting the same price floor. Shaughnessy is in a different league at $5.3 million. Oakridge sits at $3.4 million. South Cambie is the sweet spot between accessibility and prestige.
Condos: A More Complex Picture
Condos here tell a different story, and we should be honest about it. The HonestDoor Price for condos is $1,586,631 - which sounds strong until you see it has dipped 0.61% recently and is trending below the 3-month moving average of $1,608,651. The market is cooling slightly for condos specifically.
- Average HonestDoor Price: $1,586,631
- Average assessed value: $903,240 - the HonestDoor Price is 75.66% higher
- Average sale price: $1,050,000, holding steady
- Price per square foot: $1,111
- Estimated monthly rent: $5,289 with a rental yield of 2.83%
- Airbnb potential: $263 per night - ranked 6th in Vancouver
- Growth rank: 12 out of 22 comparable neighbourhoods - below average
- Price rank: 8 out of 22 - still above average
The condo growth rank of 12 out of 22 puts us right in the middle of the pack. Not a red flag, but not a reason to celebrate either. The good news is that even with the slight dip, South Cambie condos are priced above nearby Shaughnessy ($1,419,891 predicted) and Oakridge ($1,421,003). We are holding a premium position even in a softer stretch.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about government assessments - they are a snapshot from last year, built on data that is already old by the time it lands in your mailbox. The city assessed South Cambie condos at an average of $903,240. The HonestDoor Price is $1,586,631. That is a 75.66% difference. For houses, the gap is $404,601 in your favour.
If you are making any financial decision - refinancing, selling, even just understanding your net worth - using the assessed value is like navigating with an old map. The HonestDoor Price updates in real time, pulls from actual transaction data, and reflects what a buyer would actually pay today. That is the number that matters.
With 1,463 house properties and 1,413 condo properties assessed this year in South Cambie, there is a deep data pool behind these estimates. This is not a guess - it is the market talking.
So What Does This Mean If You Are Thinking About Selling This Summer?
For house owners, the timing is reasonable. Your predicted value is trending up, the growth rank puts you near the top of the Vancouver leaderboard, and buyers looking at Oakridge or Shaughnessy will cross-shop South Cambie. With only 2 house sales recorded so far in 2026, inventory is tight - which historically works in a seller's favour.
For condo owners, be a little more strategic. Values have dipped 0.61% recently and the 3-month trend is softening. That does not mean do not sell - it means price it right from day one. Overpricing a condo in a cooling micro-market is the fastest way to sit on it through the summer. Use the HonestDoor Price as your anchor, not the assessed value, and definitely not wishful thinking.
Either way, the gap between what the city thinks your home is worth and what the market will actually pay is your biggest advantage right now. Know that number before you do anything else.
south cambie | 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.