Westmount, West Vancouver - August 2026 Real Estate Report

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

If you have not looked at your property value lately, here is the short version - the city's assessment is not even close to what your home is actually worth right now. And that gap matters more than most people realize.

The Vibe: What Is Actually Happening in Westmount

Let's break it down by property type, because houses and condos are telling two very different stories right now.

Houses - Steady, But Worth Watching

If you own a house in Westmount, here is the honest picture. The average sale price is sitting at $2,875,000, essentially flat from last month. Only 2 houses sold recently, which is a thin slice of activity - so do not read too much into any single number. What matters more is the bigger trend.

• Average HonestDoor Price: $4,771,147
• 3-Month Moving Average: $4,806,654 (current values are dipping slightly below this)
• Recent value change: -1.53%
• Price per square foot: $845
• Average sale price: $2,875,000
• Estimated monthly rent: $12,228
• Rental yield: 2.93%
• Airbnb potential: $607 per month
• Neighbourhood growth rank: 13 out of 25 in West Vancouver - right in the middle of the pack
• Price rank: 15 out of 26 in West Vancouver - below average for the area

The market is taking a breather. Values are down slightly from the 3-month average, and the growth rank of 13 out of 25 puts us squarely in the middle of the West Vancouver leaderboard - not leading, not falling behind. For sellers, that means pricing strategy matters more than ever right now. You cannot just throw a number on the wall and expect a bidding war.

How does Westmount stack up against the neighbours? West Bay is slightly pricier at $4,992,797 and growing a touch slower. Altamont comes in cheaper at $3,471,211, also growing slower. Sandy Cove is in a different league entirely at $7,268,439 - though growth data there is unavailable. Within that context, Westmount holds its own as a solid mid-to-upper tier option in West Vancouver.

Condos - A Bright Spot With a Catch

Condos in Westmount are a different conversation. The HonestDoor Price jumped 4.83% from the previous period to $697,984 - that is a meaningful move in a short window. But the current predicted market value of $665,835 is sitting below the 3-month moving average of $690,296, and the recent value change of -5.93% is a number worth paying attention to.

• Average HonestDoor Price: $697,984 (up 4.83% from last period)
• Predicted market value: $665,835
• 3-Month Moving Average: $690,296
• Recent value change: -5.93%
• Estimated monthly rent: $3,148
• Rental yield: 3.54%
• Airbnb potential: $157 per month
• Growth rank: 17 out of 19 in West Vancouver - near the bottom of the leaderboard

That growth rank of 17 out of 19 is the part we need to be straight about. Westmount condos are near the bottom of the West Vancouver condo leaderboard right now. The rental yield of 3.54% is slightly better than houses, which is a small silver lining for investors - but the value trend is heading in the wrong direction short-term. If you own a condo here and are thinking about selling, sooner is probably smarter than later.

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

Here is something most Westmount homeowners do not realize until they are sitting across from a buyer. The city's average assessed value for a house here is $3,228,620. The average HonestDoor Price is $4,771,147. That is a gap of 47.78% - nearly half a million dollars of difference, and then some.

The city's assessment is a snapshot frozen in time. It is based on data that can be months or even over a year old by the time it lands in your mailbox. The HonestDoor Price is updated in real time using actual market activity, comparable sales, and current conditions. It is the real-world check on a number the government set without walking through your front door.

If you are using your assessed value to make any financial decision - whether to sell, refinance, or even just understand your net worth - you are working with the wrong number. The HonestDoor Price is what the market is actually saying your home is worth today.

The So What - Should You Sell in Westmount This Summer?

If you own a house in Westmount and have been sitting on the fence, here is the honest take. Values are slightly off their 3-month peak, the growth rank is middle-of-the-road, and activity is quiet with only 5 total transactions recorded in 2026 across the neighbourhood. That is not a panic signal - but it is not a green light to wait indefinitely either.

The gap between assessed value and HonestDoor Price is working in your favour right now. Buyers who do their homework will see the real numbers. Sellers who price based on the HonestDoor Price - not the city's stale assessment - are the ones who walk away with the better deal.

For condo owners, the urgency is higher. A growth rank of 17 out of 19 and a recent value drop of nearly 6% means the window for a strong sale may be narrowing. If selling is on your radar at all, this summer is worth taking seriously.

• 474 properties assessed in Westmount this year
• Westmount ranks 2nd in West Vancouver for average assessed value - meaning buyers know this is premium territory
• Total transaction rank of 3 in West Vancouver means there is real buyer interest here, even if volume is low
• Airbnb rank of 7 in West Vancouver for houses - short-term rental income is a real conversation for the right property

Bottom line - Westmount is still one of the stronger addresses in West Vancouver. But the market is not doing the heavy lifting for sellers right now. Knowing your real number, the HonestDoor Price, is the first move anyone thinking about selling should make.

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.