Park Royal Market Trends

MLS® Home Price Index benchmark prices in West Vancouver, Greater Vancouver

July 2026
Benchmark price
$1,139,300
17.2% YoY
Price History
37 months

Park Royal at a glance

The benchmark price of a home in Park Royal was $1,139,300 in July 2026, down 17.2% from a year earlier. That trails the West Vancouver area average (-7.7% year over year) by 9.5 points. Since July 2023 the benchmark price has fallen 18.8% ($1,402,500 → $1,139,300), with the period high of $1,421,000 in August 2023.

Benchmark price trend

Benchmark price, Aug 2023 Jul 2026. Hover a month for the exact value.

$1.00M$1.10M$1.20M$1.30M$1.40M$1.50MAug ’23Feb ’25Jul ’26$1.14M

Park Royal vs West Vancouver

Benchmark price indexed to 100 at Aug 2023. Since then, Park Royal is down 19.8% vs 13.3% for West Vancouver overall.

Park RoyalWest Vancouver
708090100Aug ’23Feb ’25Jul ’26Park Royal -19.8%West Vancouver -13.3%

Benchmark price levels by property type

Property typeJul 2026Jul 20251-yr change
Composite (all types)$1,139,300$1,376,400-17.2%
Apartment / condo$1,139,300$1,376,400-17.2%
Apartment / condo
$1.14M
-17.2% 1yr

Source: Greater Vancouver REALTORS via MLS® Home Price Index benchmark prices (board-published)

Period: July 2026

Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.