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    West Camble, Richmond - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Richmond, West Camble

    West Camble, Richmond: Your Home Is Worth More Than the City Thinks - Here's the Proof

    If you've been glancing at your latest property assessment and wondering if it tells the whole story, the short answer is: it doesn't. West Camble is sitting in an interesting spot right now - the kind of spot where knowing your real numbers can make a serious difference to your next move.

    The Vibe: What's Actually Happening on Our Streets

    West Camble is a tale of two property types right now, and they're heading in different directions. Here's the honest breakdown.

    Houses: Steady, But Not Setting Records

    Our houses are holding their ground. The average sale price sits at $1,381,375, essentially flat from last month. Four properties sold - nothing dramatic, but consistent. Price per square foot is around $684, and we're outpacing nearby Bridgeport houses, which averaged $1,200,000 in sales.

    • Average sale price: $1,381,375
    • Price per square foot: $684
    • Properties sold in 2026: 10 total transactions
    • Predicted market value: $1,487,962
    • 3-month moving average: $1,477,639 - and the predicted value is climbing above it
    • Estimated monthly rent: $5,425
    • Rental yield: 4.17%
    • Recent value change: up 1.62%
    • Growth rank: 11 out of 15 neighbourhoods in Richmond

    That growth rank is worth noting. On the Richmond neighbourhood leaderboard for houses, we're sitting in the bottom half at 11th out of 15. The market isn't surging - it's taking a breather. But the predicted value ticking above the 3-month average is a quiet signal that things aren't sliding either.

    Condos: A Dip Worth Watching

    The condo side is where we need to pay closer attention. The average sale price dropped to $615,000 this month - down 9.8% from last month. Only one condo sold, so that single transaction is moving the needle hard. Don't panic, but don't ignore it either.

    • Average sale price: $615,000 (down 9.8% from last month)
    • Price per square foot: $664
    • Properties sold this month: 1
    • Predicted market value: $625,292
    • 3-month moving average: $642,780 - and the predicted value is below it
    • Estimated monthly rent: $3,012
    • Rental yield: 3.59%
    • Recent value change: -3.74%
    • Growth rank: 11 out of 15 neighbourhoods in Richmond

    On the condo leaderboard, we're also 11th out of 15 for growth - below average. But here's the flip side: our condo price rank is 3rd out of 13 in Richmond. We're above average in price, even while growth lags. That's a gap worth understanding before you make any decisions.

    Compared to nearby neighbourhoods, East Camble condos are averaging $845,022 - significantly higher than our $636,263 HonestDoor Price. Bridgeport and City Centre are in a similar range to us, but both are slightly above our current predicted value of $625,292.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now

    Here's the thing about your city assessment - it's a snapshot from the past. It doesn't update when the market shifts, and it doesn't reflect what a buyer would actually put on the table today.

    For houses in West Camble, the average city assessment sits at $1,400,584. The average HonestDoor Price is $1,478,263. That's a gap of roughly $77,700 - and it means the city's number is running 5.55% below what the real-world market suggests your home is worth. If you're making any financial decision based on that assessment alone, you're working with an incomplete picture.

    For condos, the story flips. The average city assessment is $660,118, but the HonestDoor Price is $636,263 - sitting 3.61% below the assessed value. The condo HonestDoor Price has actually increased 1.75% from the previous period, which is a small but real positive signal in an otherwise soft stretch.

    The HonestDoor Price pulls from current market activity - real transactions, real trends. It's the number that reflects what's happening now, not what happened 12 months ago when the city locked in its figures.

    The So What: Thinking About Selling This Summer?

    If you own a house in West Camble and you're weighing a summer sale, the timing has some logic to it. The predicted market value of $1,487,962 is nudging above the 3-month moving average, which suggests upward momentum - even if it's modest. You're also sitting above Bridgeport in sale price, which gives you a real comparison point when setting expectations with your agent.

    The growth rank of 11th out of 15 tells us West Camble isn't leading the Richmond pack right now. But with 2,286 properties assessed and a total transaction rank of 5th in Richmond, there's genuine activity here. Buyers are showing up.

    For condo owners, summer 2026 calls for more caution. One sale does not make a trend, but a predicted value sitting below the 3-month average and a recent change of -3.74% means the wind isn't at your back right now. If you need to sell, price it sharp. If you can wait, watch the next two months of data closely.

    Either way - house or condo - pull your HonestDoor Price before you do anything else. It's the real-world check that your tax notice simply can't give you.

    west camble | richmond | july 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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