Brentwood, Burnaby - June 2026 Real Estate Report

Brentwood, Burnaby Real Estate: Your City Assessment Is Lying To You (A Little)

The Vibe Right Now

If you own property in Brentwood and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment and what your home would actually sell for today are two different numbers - and the gap matters when you're making real decisions about real money.

Houses: Still The Priciest Kid On The Block

Brentwood houses are holding their ground. The average sale price sits at $1,975,000, with a price per square foot of around $840. That's not a number you see everywhere in Burnaby - in fact, houses here rank 5 out of 34 neighbourhoods for price. That puts us near the top of the leaderboard.

The HonestDoor Price for houses is $1,984,043, tracking almost exactly with what homes are actually selling for. The 3-month predicted value is $1,989,793, which is creeping up from the $1,980,135 moving average. That's a small but real signal that house values here aren't sliding.

• Average sale price: $1,975,000
• Price per square foot: $840
• HonestDoor Price: $1,984,043
• Predicted market value: $1,989,793
• Estimated monthly rent: $6,775
• Rental yield: 3.68%
• Recent value change: up 4.35%
• Growth rank: 9 out of 35 in Burnaby - above average

Compare that to neighbours like Willingdon Heights (HonestDoor Price $1,834,542) and West Central Valley ($1,533,701) - both cheaper, both growing slower. If you own a house in Brentwood, you're sitting in one of the stronger positions in this part of Burnaby.

Condos: Expensive To Buy, But Watch The Trend

Here's where we need to have an honest conversation. Brentwood condos rank 2 out of 26 neighbourhoods for price - meaning we're among the most expensive condo markets in all of Burnaby. The average sale price is $960,500 at $987 per square foot. That's higher than nearby Willingdon Heights ($823,556) and Dawson-Delta ($796,667).

But the growth picture is different. Condo growth here ranks 35 out of 37 neighbourhoods. That puts us near the bottom of the Burnaby leaderboard for momentum. The predicted market value of $646,737 is actually dipping below the 3-month moving average of $662,234, and recent value change is down 1.67%.

• Average sale price: $960,500
• Price per square foot: $987
• HonestDoor Price: $658,630 (up 1.84% from last period)
• Predicted market value: $646,737
• Estimated monthly rent: $3,079
• Rental yield: 3.56%
• Recent value change: -1.67%
• Growth rank: 35 out of 37 in Burnaby - bottom performers

The condo market here is taking a breather. High prices, slow growth - that's a combination worth paying attention to if you're thinking about your next move.

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

Your BC Assessment is a snapshot from July 1st of last year. It doesn't know what happened in the market last month. It doesn't adjust for what your neighbour's place just sold for. It's a government estimate built on old data.

The HonestDoor Price is updated in real time using actual sales, current market signals, and live data. For Brentwood houses, the city's average assessed value is $2,025,125 - but the HonestDoor Price is $1,984,043. That's a $41,000 gap. For condos, the assessed value is $657,997 and the HonestDoor Price is $658,630 - almost identical, which tells you the condo market here is fairly priced right now with no hidden upside baked into the assessment.

Bottom line: if you're using your assessment to decide whether to sell, refinance, or even just feel good about your net worth, you're working with stale information. Your HonestDoor Price is the real-world check.

So What Does This Mean If You're Thinking About Selling This Summer?

For house owners - the timing is reasonable. Values are holding, the predicted price is nudging upward, and you're in a neighbourhood that still commands a premium over most of Burnaby. With only 1 transaction recorded so far in 2026, inventory is tight. Low supply and strong prices is generally a seller's friend.

For condo owners - be clear-eyed. You're in one of the priciest condo markets in Burnaby, but growth is near the bottom of the pack. If you're planning to sell, price it right from day one. Buyers in this range are doing their homework, and an overpriced listing in a slow-growth market will sit. Use your HonestDoor Price as your anchor, not the assessment.

Either way, the smartest thing you can do before listing is know your actual number - not the city's number from last July. That's what HonestDoor is here for.

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.