South Cambie, Vancouver - September 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 HonestDoor Price lately, you are leaving real money on the table. The city's assessment says the average house here is worth $2,746,064. The HonestDoor Price says $3,188,758. That is a $442,694 gap - and that gap matters when you are making decisions about selling, refinancing, or just knowing where you stand.

The neighbourhood is taking a breather - growth is down 0.05% year over year - but South Cambie is still one of the pricier addresses in Vancouver. On the neighbourhood leaderboard, houses here rank 7th out of 22 for price across the city. That is a top-third finish. For growth, houses rank 9th out of 23 - solidly above average. This is not a market in trouble. It is a market catching its breath.

Houses vs. Condos - Two Very Different Stories

Houses

The average sale price for a house in South Cambie is sitting at $2,955,000, with a price per square foot around $3,144. Only 2 houses sold recently, which is a thin number - but that is typical for a neighbourhood where properties are priced in the multi-millions and owners do not sell unless they have a real reason to.

• Average HonestDoor Price: $3,188,758 (up 0.30% from last period)
• Predicted market value: $3,179,122 - trending up from the 3-month average of $3,155,323
• Average sale price: $2,955,000
• Price per square foot: $3,144
• Estimated monthly rent: $9,459 (rental yield: 3.39%)
• Airbnb potential: $470 per night - ranked 7th in Vancouver
• Properties assessed this year: 1,463

The predicted value is moving in the right direction. If you own a house here, the momentum is on your side - even if it is modest right now.

Condos

The condo picture is more complicated. The average HonestDoor Price for a condo is $1,594,941 - but it has dipped 0.61% recently, and the 3-month trend is also pointing down (from $1,627,192 to $1,604,798). On the growth leaderboard, South Cambie condos rank 21st out of 22 neighbourhoods in Vancouver. That is a number worth paying attention to.

• Average HonestDoor Price: $1,594,941 (down 0.61% from last period)
• Predicted market value: $1,604,798 - down from 3-month average of $1,627,192
• Average sale price: $613,750
• Price per square foot: $930
• Estimated monthly rent: $5,316 (rental yield: 2.82%)
• Airbnb potential: $264 per night - ranked 6th in Vancouver
• Properties assessed this year: 1,413
• Growth rank: 21st out of 22 in Vancouver

The city's average assessed value for condos here is $903,240 - but the HonestDoor Price is 76.58% higher than that. So even in a softening condo market, the real-world number is dramatically above what the tax assessment suggests. That gap is the whole point.

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

Here is the thing about government assessments: they are a snapshot from the past. The city looks at sales data from months ago, runs it through a formula, and mails you a number. By the time it lands in your mailbox, the market has already moved.

The HonestDoor Price is updated in real time. For houses in South Cambie, it is running $442,694 above the city's assessment. For condos, it is 76.58% higher. If you are using your assessment to make any financial decision - talking to a lender, thinking about a HELOC, or pricing a listing - you are working with stale data.

Think of the HonestDoor Price as the real-world check. It is what the market is actually saying your home is worth today, not what a government formula said it was worth last year.

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

If you own a house in South Cambie and you are thinking about selling this summer, the conditions are reasonable. Prices are holding near $3 million, the predicted value is ticking upward, and you are in a top-7 price neighbourhood in one of the most expensive cities in Canada. With only 4 house transactions recorded in 2026 so far, inventory is tight - which generally works in a seller's favour.

Compare that to your neighbours. Riley Park houses are priced lower at $2,418,868. Oakridge is slightly above you at $3,464,548. Shaughnessy is in a different league at $5,396,200. South Cambie sits in a sweet spot - premium, but not so premium that your buyer pool shrinks to a handful of people.

If you own a condo here, the honest answer is that the timing is trickier. Values are drifting down, the growth rank is near the bottom of the Vancouver leaderboard, and nearby Riley Park condos are priced higher at $1,920,911. That does not mean you cannot sell - it means you need to price it right from day one. An overpriced condo in a softening segment sits. A well-priced one moves.

Either way, the first step is the same: check your HonestDoor Price. Know your real number before you have a single conversation with an agent or a buyer. That is just smart.

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.