West Point Grey, Vancouver - June 2026 Real Estate Report

West Point Grey Reality Check: Your Home Is Worth Way More Than the City Thinks

If you own in West Point Grey and you have not looked at your HonestDoor Price lately, you are probably sitting on a number that would surprise you. The city's assessment is one thing. What buyers are actually paying is another story entirely.

The Vibe: What's Happening on Our Streets Right Now

Houses

Let's be straight with each other. The house market here is taking a breather. One house sold recently, the average sale price sits at $2,110,000, and price per square foot is around $1,231. Values have dipped 1.93% recently, and on the neighbourhood growth leaderboard, we rank 16 out of 23 Vancouver neighbourhoods - below average for now.

The predicted market value for a West Point Grey house is $3,917,455, which is sliding slightly below the 3-month moving average of $4,002,795. That tells us the short-term momentum is soft. Not a crash - just a pause. If you are a seller, that context matters.

• Average sale price: $2,110,000
• Price per square foot: $1,231
• Predicted market value: $3,917,455
• Estimated monthly rent: $10,940
• Rental yield: 3.14%
• Recent value change: -1.93%
• Growth rank: 16 out of 23 Vancouver neighbourhoods
• Price rank: 6 out of 22 - well above average

One thing that does not lie: even with the softness, West Point Grey houses rank 6th in price out of 22 comparable Vancouver neighbourhoods. We are not cheap. We are just catching our breath.

Condos

The condo picture here is genuinely more interesting. Two condos sold recently at an average of $1,387,500, with a price per square foot around $1,014. The HonestDoor Price for condos has jumped 4.08% from the previous period - the strongest momentum signal in this whole report.

On the leaderboard, West Point Grey condos rank 8th out of 23 Vancouver neighbourhoods for growth - above average. And for price, we sit 3rd out of 22. That is a top-tier position. Kitsilano condos are slightly pricier at a predicted $1,633,801 versus our $1,500,532, but we are right in that conversation.

• Average sale price: $1,387,500
• Price per square foot: $1,014
• Predicted market value: $1,500,532
• Estimated monthly rent: $5,093
• Rental yield: 2.86%
• HonestDoor Price growth: +4.08%
• Recent value change: -1.99%
• Growth rank: 8 out of 23 Vancouver neighbourhoods - above average
• Price rank: 3 out of 22 - among the most expensive in Vancouver

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

Here is the thing about your city assessment. It is a snapshot from the past. It does not update in real time, and it does not reflect what a motivated buyer would write a cheque for today.

For West Point Grey houses, the average assessed value is $3,159,713. The average HonestDoor Price is $3,955,292. That is a gap of 25.18%. For condos, the gap is even wider - the average assessed value is $987,759, but the HonestDoor Price is $1,561,700. That is 58.11% higher than what the city has on file.

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 is the real-world check. It pulls from current market activity and updates continuously. That condo gap alone is worth over half a million dollars in difference. That is not a rounding error.

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

Here is the honest read for anyone weighing a summer sale in West Point Grey.

On the house side, the market is quiet - only 2 property transactions recorded in 2026 across 2,678 assessed properties. That is thin volume. Prices are drifting slightly below the 3-month trend. If you are selling a house, you need to price sharp and present well. Buyers have options and they know it. The good news is that compared to neighbours like Kitsilano, Dunbar Southlands, and Arbutus Ridge, West Point Grey houses are still commanding a premium. Every one of those nearby neighbourhoods has a lower HonestDoor Price than us.

On the condo side, the story is better. A 4.08% HonestDoor Price increase, a top-3 price ranking in Vancouver, and above-average growth momentum - that is a reasonable window to move. Rental demand is real too, with estimated rent at $5,093 per month and an Airbnb rank of 7th in Vancouver at $257 per night.

Bottom line: West Point Grey is not a neighbourhood you sell cheap. But right now, with values softening slightly and volume low, the sellers who win this summer will be the ones who know their real number - not the city's number - and price accordingly. Check your HonestDoor Price first. Then have the conversation.

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.