Westhill, West Vancouver - June 2026 Real Estate Report

Westhill, West Vancouver: Your Home Is Worth More Than the City Thinks

If you own a home in Westhill and you have not looked at your HonestDoor Price lately, here is the short version - the city's assessment is leaving serious money on the table. We are talking a gap of over $365,000 between what the government says your house is worth and what the market actually says.

The Vibe: What Is Actually Happening in Westhill Right Now

Let's be straight with each other. Westhill is not on a tear right now, but it is holding its ground in one of the most expensive real estate markets in Canada. Here is how houses and condos are stacking up.

Houses

If you have been watching the "For Sale" signs in Westhill, here is what is actually happening on the house side of things.

• Average HonestDoor Price: $3,078,642 - up 0.73% from last period
• Average assessed value: $2,712,668 - that is $365,974 lower than the HD Price
• Average sale price: $1,687,000 at roughly $657 per square foot
• Predicted market value: $3,052,131
• 3-month moving average: $3,111,806 - values are easing slightly
• Rental estimate: $9,336 per month with a 3.38% yield
• Airbnb potential: around $464 per night
• Recent value change: -2.44%
• Growth rank: 13 out of 26 neighbourhoods - above average in West Vancouver
• Price rank: 23 out of 24 - among the most affordable in West Van

Yes, values have dipped slightly against the 3-month average. That is the market taking a breather, not falling off a cliff. The price rank of 23 out of 24 is actually a signal worth paying attention to - Westhill is one of the more accessible entry points into West Vancouver, which matters a lot to buyers being priced out of Canterbury ($4.5M average) or Panorama Village ($4.1M average).

Condos

The condo picture in Westhill is a smaller market, but there are still numbers worth knowing.

• Average HonestDoor Price: $867,944 - up 1.47% from last period
• Predicted market value: $787,762
• 3-month moving average: $820,347 - also easing
• Rental estimate: $3,584 per month with a 3.27% yield
• Airbnb potential: around $178 per night
• Recent value change: -4.56%
• Growth rank: 16 out of 19 - bottom performers in West Vancouver right now
• Airbnb rank in West Vancouver: 14

We will not sugarcoat it - the condo segment is the softer story here. A -4.56% recent change and a growth rank near the bottom of the board means condo owners need to be realistic about pricing if they are thinking about selling. That said, the HonestDoor Price at $867,944 is still a meaningful number, and the rental yield of 3.27% keeps it relevant for investors.

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

Here is the thing about your BC Assessment notice - it is a snapshot from July 1 of the previous year. By the time it lands in your mailbox, it is already old news. The market has moved. Buyer demand has shifted. Interest rates have done something. Your assessment has not kept up.

For Westhill houses, the HonestDoor Price is running 13.49% higher than the average assessed value right now. That is not a rounding error. That is a $365,974 difference that could affect how you price a listing, how you negotiate a sale, or how you think about refinancing.

The HonestDoor Price pulls from real-time market signals - recent sales, current demand, and neighbourhood trends - not a once-a-year government calculation. Think of it as the real-world check that updates when the market updates, not when a bureaucratic calendar says so.

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

Here is the honest read for Westhill homeowners considering a move this summer.

• Your house is likely worth more than your assessment says - check your HonestDoor Price first
• The market is softer than it was 3 months ago, so pricing sharp matters more than ever
• Westhill's affordability ranking (23 out of 24 in West Van) is actually a selling point - buyers priced out of Canterbury and Panorama Village are looking your way
• With only 1 house sold recently, competition is low but so is buyer urgency - you need a compelling price to move the needle
• Rental demand is strong at $9,336 per month estimated - if selling feels uncertain, holding and renting is a real option worth running the numbers on

Bottom line - Westhill is not the flashiest neighbourhood on the West Van leaderboard right now, but it is not broken either. If you are a house owner, you are sitting on an asset that the city is undervaluing by over $365,000. That is worth knowing before you make any decisions this summer.

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.