Westmount, West Vancouver - July 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. And if you are thinking about selling this summer, that gap matters more than ever.

The Vibe - What Is Actually Happening in Westmount Right Now

Westmount is one of those neighbourhoods where the numbers quietly tell a big story. We have 474 assessed properties here, and the market is holding its ground even as things cool slightly across West Vancouver. Neighbourhood growth is essentially flat at -0.03% year over year - call it a breather, not a warning sign. With only 4 transactions recorded in 2026 so far, this is a low-volume, high-value market. That means when a home does sell, it moves the needle.

Houses - The Real Numbers

If you own a house in Westmount, here is what the data is telling us right now.

• Average HonestDoor Price: $4,778,839
• Average Assessed Value: $3,228,620 - that is a gap of 48% below what your home is likely worth
• Predicted Market Value: $4,852,874
• 3-Month Moving Average: $4,884,177 - values are easing slightly but still strong
• Recent Average Sale Price: $3,700,000 - up 34.5% from last month on 1 sale
• Price Per Square Foot: $771
• Estimated Monthly Rent: $12,378 with a rental yield of 2.91%
• Airbnb Potential: $615 per month (ranked 7th in West Vancouver for Airbnb)
• Growth Rank: 6 out of 26 neighbourhoods in West Vancouver - above average
• Price Rank: 11 out of 26 - above average in price

The HonestDoor Price has dipped 1.53% from the previous period, and the predicted value is sitting just below the 3-month moving average. That is not a crash - that is a market catching its breath after a strong run. Houses here rank 2nd in West Vancouver for total transactions, which tells us buyers are paying attention to Westmount even when inventory is tight.

Condos - A Different Story

Condo owners in Westmount, here is where things get interesting. Our condo segment is actually showing some positive momentum under the surface.

• Average HonestDoor Price: $665,835 - down 5.93% from the previous period
• Predicted Market Value: $707,814
• 3-Month Moving Average: $704,120 - values are trending up, not down
• Recent Value Change: up 1.52%
• Estimated Monthly Rent: $3,300 with a rental yield of 3.45%
• Airbnb Potential: $164 per month
• Growth Rank: 6 out of 19 neighbourhoods in West Vancouver - above average

Yes, the HonestDoor Price dropped 5.93% from last period - but the predicted market value is actually climbing above the 3-month moving average. That tells us the recent dip may already be correcting. Compared to nearby neighbourhoods like West Bay ($1,348,674), Sandy Cove ($3,170,488), and Altamont ($2,453,085), Westmount condos are priced well below the local competition. That is either a buying opportunity or a sign that this segment has room to run.

The Secret Sauce - Why Your Tax Assessment Is Lying to You

Here is the thing about government assessments: they are a snapshot from last year, built on formulas that do not account for what buyers are actually paying right now. The average assessed value for a Westmount house is $3,228,620. The average HonestDoor Price is $4,778,839. That is a $1,550,219 difference - nearly one and a half million dollars sitting between what the city thinks your home is worth and what the market says it is worth.

The HonestDoor Price pulls from real-time sales data, current market signals, and comparable transactions - not a once-a-year government formula. If you are making any financial decision based on your BC Assessment alone, you are working with incomplete information. Check your HonestDoor Price first. It is the real-world number that actually matters.

The So What - Should You Sell This Summer?

Here is the honest take for Westmount homeowners thinking about listing this summer.

For house owners - the market is softening slightly, but you are still sitting on a property that ranks above average in both growth and price across 26 West Vancouver neighbourhoods. With only 4 transactions in the neighbourhood so far this year, low inventory is working in your favour. Fewer competing listings means serious buyers have fewer choices - and that puts you in a stronger negotiating position. The window is open, but it may not stay that way if more listings come to market in the fall.

For condo owners - the short-term HonestDoor Price dip of 5.93% is worth watching, but the predicted value is trending upward and the rental yield of 3.45% is actually the stronger number in this segment. If you are not selling, holding and renting makes real financial sense here. If you are selling, price it right from day one - buyers in this segment know the comps and they are comparing you directly to West Bay and Altamont.

Either way, the first step is the same: get your HonestDoor Price, compare it to your assessment, and know the real number before you make any move.

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.