Riley Park condos: what they cost in July 2026
$948K
Condos in Riley Park benchmark at $948K as of July 2026, 37.8% above the Metro Vancouver condo benchmark of $688K. The benchmark is down 4.6% over the past year and down 0.6% over the past month. That is 2.9 points better than the region's -7.5%, so Riley Park condos are holding value better than the market as a whole. Of the 22 Vancouver neighbourhoods with a published condo benchmark, Riley Park ranks 8 of 22.
Source: Greater Vancouver REALTORS® • MLS® HPI Benchmark Summary • July 2026 · GVR sub-area “Main”
What this means if you are looking here
This is the most affordable way into Riley Park, and I do not mean that as a consolation. The Riley Park address, the same shops, the same catchment — a condo buys all of it for about 52% less than a house here. If you love the neighbourhood and the house number is out of reach, this is the honest answer to that problem.
It is down 4.6% over the year, but the wider market is down 7.5%, so condos here have held up about 2.9 points better than Vancouver as a whole. It came off another 0.6% just in the last month. If you own a condo in Riley Park, that is genuinely reassuring. If you are buying at $948K, it means you should not expect the discounts you may have read about citywide to show up in this pocket.
The number that matters most on a condo is rarely the asking price. It is the depreciation report, the contingency reserve, and whether the building has a special levy coming. Two units on the same floor of two different buildings can both be listed near $948K in Riley Park and be a very different decision. I read the minutes before you write an offer, every time.
If you are trying to work out whether a particular Riley Park condo is worth its asking price against this $948K benchmark — or what yours would fetch today — just ask me. No obligation and no sales pitch. I would rather you had a real number and a straight answer than a good feeling about an index.
— Aparna Kapur, Real Estate Agent with Oakwyn Realty Ltd.
How it compares with the rest of the region
| Benchmark | Price | 1 year | 1 month |
|---|---|---|---|
| Riley Park condos | $948K | -4.6% | -0.6% |
| Metro Vancouver condo | $688K | -7.5% | -1.1% |
Riley Park ranks 8 of 22 Vancouver neighbourhoods with a published condo benchmark, with 14 areas priced below it.
Neighbourhoods at a similar price
- Dunbar-Southlands condos — $965K (+1.9% vs Riley Park)
- Kerrisdale condos — $979K (+3.2% vs Riley Park)
- Shaughnessy condos — $991K (+4.6% vs Riley Park)
- Oakridge condos — $993K (+4.8% vs Riley Park)
Other property types in Riley Park
- Riley Park houses — $1.99M
- Riley Park townhouses — $1.09M
What you get in Riley Park
Creative Energy & Community Spirit. Walk Score 82, Transit Score 75.
- Nat Bailey Stadium neighbourhood
- Hillcrest Community Centre & pool
- Main Street proximity
- Strong community feel
Questions people ask
How much does a condo cost in Riley Park?
The MLS® HPI benchmark for condos in Riley Park is $948K as of July 2026. The benchmark describes a typical property of that type in the area, so an individual home can sit well above or below it depending on size, condition, outlook, and lot.
Are Riley Park condos going up or down in price?
Down 4.6% over the past year and down 0.6% over the past month, on the July 2026 release. Metro Vancouver condo moved -7.5% over the same year.
Is Riley Park expensive for condos compared with the rest of Vancouver?
Riley Park sits +37.8% against the Metro Vancouver condo benchmark, and ranks 8 of 22 neighbourhoods with a published benchmark for this type. The closest on price are Dunbar-Southlands, Kerrisdale, Shaughnessy.
What is a benchmark price, and is it the same as an appraisal?
No — a benchmark is not an appraisal. The MLS® Home Price Index models a typical property for an area and property type, which makes it a good way to track a market over time, but it values no particular home. For that you need a comparative market analysis on the actual property, which Aparna provides at no cost.
Want the number for an actual property?
A benchmark tracks a market; it does not value a home. A comparative market analysis looks at the specific property — its size, condition, outlook, and what comparable homes actually sold for. Aparna Kapur prepares one at no cost and no obligation.
Aparna Kapur, Real Estate Agent licensed in British Columbia, Oakwyn Realty Ltd., 3195 Oak Street, Vancouver, BC V6H 2L2, Canada. 604-612-7694. Benchmark figures are Greater Vancouver REALTORS® MLS® Home Price Index values for the Main sub-area, July 2026, and are not an appraisal of any specific property. MLS® and REALTOR® are trademarks owned by the Canadian Real Estate Association.