Cameron, Burnaby - August 2026 Real Estate Report

Cameron, Burnaby: Your Neighbour Just Asked If Now Is a Good Time to Sell. Here's the Real Answer.

If you own a home in Cameron, Burnaby and you're still relying on your city assessment to know what your place is worth, you're working with old information. The market has moved - and not in the direction most people are hoping for. Here's what's actually happening on the ground right now.

The Vibe: What's Going On With Houses and Condos in Cameron

We're seeing two different stories play out depending on what you own. Let's break it down.

Houses in Cameron

If you've been watching the "For Sale" signs around Cameron, here's the honest picture for houses. The average sale price is sitting at $865,700, and the predicted market value is $979,949. That predicted value is actually ticking down - it's slightly below the 3-month moving average of $980,499, which tells us momentum is not on the seller's side right now.

• Average sale price: $865,700
• Price per square foot: $565
• Predicted market value: $979,949
• Recent value change: -1.18%
• Estimated monthly rent: $4,100
• Rental yield: 4.80%
• Properties sold in 2026: 1 house (only 3 total transactions recorded)
• Growth rank: 32 out of 36 neighbourhoods in Burnaby
• Price rank: 29 out of 35 - one of the more affordable options in the city

That growth rank is a number worth sitting with. Out of 36 comparable Burnaby neighbourhoods, Cameron houses rank 32nd for growth. We're near the bottom of the leaderboard. Nearby Lyndhurst, Cariboo-Burquitlam, and Cariboo-Armstrong are all priced significantly higher and holding up better. Cariboo-Burquitlam houses are averaging an HonestDoor Price of $1,805,355 - nearly double what we're seeing in Cameron. That gap is a signal about where buyer demand is concentrating right now.

Condos in Cameron

The condo picture is a bit more encouraging - at least compared to houses. Cameron condos rank 13th out of 37 neighbourhoods for growth, which puts us in above-average territory on the Burnaby leaderboard. That's the good news.

• Average sale price: $497,667
• Price per square foot: $561
• Predicted market value: $517,946
• Recent value change: -1.63%
• Estimated monthly rent: $2,590
• Rental yield: 3.81%
• Properties sold in 2026: 3 condos (22 total transactions recorded)
• Growth rank: 13 out of 37 neighbourhoods in Burnaby
• Price rank: 21 out of 26 - among the most affordable in Burnaby

The condo predicted value is also drifting down from its 3-month moving average of $523,756, so we're not out of the woods. And at $497,667, Cameron condos are selling below nearby Lyndhurst ($590,000) and Cariboo-Burquitlam ($548,000). If you own a condo here, you're in a more active market than house owners - 22 transactions versus 3 - but pricing pressure is real.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here's the thing about your city assessment. It's a snapshot from months ago, built on data that's even older than that. It doesn't know what happened in the market last quarter. Your 2026 assessment on a Cameron house pegs the average at $944,001. But the HonestDoor Price - which updates in real time using actual market signals - puts that same house at $931,576. That's a $12,425 gap, and the HonestDoor Price is trending down another 4.94% from the previous period.

For condos, the gap is even wider. The average assessed value is $552,750. The HonestDoor Price is $513,407 - that's 7.12% below what the city thinks your unit is worth. If you're pricing a condo to sell based on your assessment, you're likely going to sit on the market longer than you want to.

The HonestDoor Price is the real-world check. It's what buyers are actually willing to pay today, not what an assessor calculated before the market shifted. Use it as your starting point, not your assessment.

The "So What?": Thinking About Selling in Cameron This Summer?

Let's be straight with each other. Cameron is taking a breather. Values are down, transaction volume is thin - especially for houses - and we're sitting near the bottom of Burnaby's growth leaderboard for detached homes. That doesn't mean you can't sell. It means you need to go in with clear eyes.

A few things to keep in mind if you're weighing a summer sale:

• Price to the HonestDoor Price, not the assessment. The $931,576 average for houses and $513,407 for condos reflect where buyers are actually landing.
• Thin volume cuts both ways. With only 1 house sold so far in 2026, there's not much competition - but there's also not much proof of demand. The right buyer exists, but you may need to be patient or price sharper to find them.
• Condos have more activity. If you own a condo, 22 transactions gives you a more active pool to work with. The growth rank of 13 out of 37 means Cameron condos are holding up better than most people assume.
• Rental income is a real alternative. At $4,036 per month average rental estimate for houses and $2,571 for condos, holding and renting is a legitimate option if the sale price doesn't meet your number.
• Watch your neighbours. Lyndhurst, Cariboo-Burquitlam, and Cariboo-Armstrong are all outperforming Cameron on price and growth. If buyers are comparison shopping, they may stretch their budget to get into those areas instead.

Bottom line - Cameron is affordable by Burnaby standards, and that's genuinely useful for attracting buyers who've been priced out elsewhere. But if you're selling this summer, sharp pricing and a realistic read on your HonestDoor Price is what gets the deal done.

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.