Westmount, West Vancouver - October 2026 Real Estate Report
Westmount, West Vancouver: Your Home Is Worth Way More Than the City Thinks
If you have been glancing at your property assessment and feeling underwhelmed, here is the real picture. The city says the average Westmount home is worth $3,228,620. The HonestDoor Price says $4,723,830. That is a $1.5 million gap - and that gap matters a lot if you are thinking about selling, refinancing, or just want to know where you actually stand.
The Vibe: What Is Happening With Houses and Condos Right Now
Let us break it down by property type, because houses and condos are telling two very different stories in our neighbourhood right now.
Houses - Expensive, Slow, and Still Worth a Fortune
If you watched a "For Sale" sign go up on a Westmount house recently, here is what is actually happening behind the number. The one house that sold in 2026 moved at $7,000,000 - roughly $1,473 per square foot. That is not a typo. We are sitting at rank 3 out of 26 neighbourhoods in West Vancouver for price, meaning almost nowhere else in the district costs more.
The honest part? Growth is taking a breather. The HonestDoor Price for houses sits at $4,706,561, which is sliding slightly against the 3-month moving average of $4,752,182. Values have dipped 1.35% recently, and our growth rank is 21 out of 26 - near the bottom of the West Vancouver leaderboard right now. That is not a crisis, but it is worth knowing before you price your listing.
- Average HonestDoor Price (Houses): $4,706,561
- 3-Month Moving Average: $4,752,182
- Recent Value Change: -1.35%
- Price Per Square Foot: $1,473
- Estimated Monthly Rent: $12,143
- Rental Yield: 2.95%
- Growth Rank in West Vancouver: 21 out of 26
- Price Rank in West Vancouver: 3 out of 26
For context, our neighbours in West Bay are sitting at an average HonestDoor Price of $5,000,419 and also declining at -0.04%. Sandy Cove is in a different league entirely at $7,316,025. Altamont comes in cheaper at $3,394,238. Westmount is firmly in the upper tier - just not the very top.
Condos - A Quiet Bright Spot
Here is something most people in Westmount are not talking about: the condo market is actually moving in the right direction. The average HonestDoor Price for condos is $722,723, and it is climbing - up against a 3-month moving average of $695,886. Recent value change is up 3.70%, and we rank 4 out of 19 West Vancouver neighbourhoods for condo growth. That puts us solidly above average.
- Average HonestDoor Price (Condos): $722,723
- 3-Month Moving Average: $695,886
- Recent Value Change: +3.70%
- Estimated Monthly Rent: $3,354
- Rental Yield: 3.42%
- Airbnb Estimate: $166 per night
- Growth Rank in West Vancouver: 4 out of 19
The rental yield on condos at 3.42% is actually better than what houses are generating at 2.95%. If you own a condo here and have been sitting on the fence, the numbers are quietly working in your favour.
The Secret Sauce: Why Your Tax Assessment Is Almost Useless Right Now
The city assessed the average Westmount property at $3,228,620. The HonestDoor Price is $4,723,830. That is 46.31% higher. Let that sink in for a second.
Government assessments are snapshots frozen in time - usually based on data that is already months or years old by the time it lands in your mailbox. The HonestDoor Price pulls from real-time sales activity, current market signals, and live comparable data. It is the number that actually reflects what a buyer would put on the table today, not what the city calculated last year.
If you are using your assessment to make any financial decision - whether that is a home equity line, an estate conversation, or setting a listing price - you are working with a number that is potentially $1.5 million off. That is not a rounding error. Check your HonestDoor Price at honestdoor.com and use it as your real-world baseline.
The "So What?" - Thinking About Selling This Summer?
Here is the straight talk for anyone considering listing a Westmount house this summer. The price ceiling is high - top 3 in all of West Vancouver. But the growth momentum is soft right now, ranking 21 out of 26 neighbourhoods. That means buyers have a bit more leverage than they did a year ago, and sitting on a listing hoping for a bidding war is a riskier strategy than it used to be.
The smart move is to price sharp and price accurately from day one. Overpricing based on a stale assessment is the fastest way to sit on the market and lose negotiating power. With only 5 transactions recorded in Westmount in 2026 across 474 assessed properties, this is a low-volume market. Every listing gets scrutinized. Every price point matters.
If you own a condo, the calculus is different. Momentum is on your side with a +3.70% recent move and a top-4 growth rank. Summer could be a solid window to act before that momentum flattens.
Bottom line: Westmount is still one of the most expensive addresses in West Vancouver. But right now, the market rewards sellers who know their real number - not the one the city mailed them.
westmount | west vancouver | october 2026This 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.