Cameron, Burnaby - October 2026 Real Estate Report
Cameron, Burnaby: Your Neighbour Just Asked If Now Is a Good Time to Sell. Here Is the Real Answer.
If you own a home in Cameron, Burnaby and you have not looked at your HonestDoor Price lately, you are probably making decisions based on a number that does not reflect what is actually happening on the street right now. Here is the straight talk on where Cameron stands today.
The Vibe: Houses vs. Condos in Cameron
Houses - Quietly Holding Their Ground
We are seeing something interesting with houses in Cameron. The average sale price sits at $925,250, and it has barely moved. That kind of stability is not exciting, but it is not a warning sign either. It means the floor is holding.
The number that should get your attention is the predicted market value of $958,512. That is ticking upward from the 3-month moving average of $956,679, which tells us momentum is building slowly but it is real. A 2.89% recent change in property values and a growth rank of 5 out of 36 neighbourhoods in Burnaby puts Cameron houses on the leaderboard - genuinely near the top for growth right now.
- Average sale price: $925,250
- Price per square foot: $679
- Predicted market value: $958,512
- Recent value change: 2.89%
- Growth rank: 5 out of 36 Burnaby neighbourhoods
- Price rank: 30 out of 35 - among the most affordable in Burnaby
- Estimated rent: $4,115 per month
- Rental yield: 4.79%
- Properties sold in 2026: 2
On price, Cameron houses rank 30 out of 35 in Burnaby - meaning we are one of the more affordable options in the city. That combination of affordable entry point plus top-5 growth is exactly what buyers hunting for value are looking for. If you own here, that works in your favour when you list.
Condos - Taking a Breather
Our condo market is a different story, and we should be honest about it. The predicted market value of $506,641 is sliding below the 3-month moving average of $512,665, and recent values are down 1.32%. That is not a crash - it is a breather. But it is a real signal worth watching.
Nine condos sold in 2026, which is steady volume. The average sale price of $509,167 puts us slightly below nearby Cariboo-Burquitlam ($571,000) and essentially neck-and-neck with Lyndhurst ($511,500). We are competitive on price, but we are not leading the pack.
- Average sale price: $509,167
- Price per square foot: $563
- Predicted market value: $506,641
- Recent value change: -1.32%
- Growth rank: 14 out of 37 Burnaby neighbourhoods - above average
- Price rank: 16 out of 26 - below average in price
- Estimated rent: $2,543 per month
- Rental yield: 3.83%
- Properties sold in 2026: 9
The silver lining for condo owners is that a growth rank of 14 out of 37 still puts us above average in Burnaby. The dip is recent, not a long-term trend - at least not yet.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the thing about your city assessment. It is a snapshot from months ago, calculated using broad formulas that do not know your street, your renovated kitchen, or what the house two doors down actually sold for last week. It is a tax tool, not a selling tool.
For houses in Cameron, the average assessed value is $944,001. The average HonestDoor Price is $912,565 - that is 3.33% lower. If you are pricing your home based on the assessment, you could be starting the conversation in the wrong place and watching buyers walk.
For condos, the gap is even wider. The average assessed value is $552,750. The HonestDoor Price is $507,343 - that is 8.21% lower. Listing based on the assessment number here is a real risk. Buyers are doing their homework, and if your price does not match what the real-world data shows, you will sit on the market longer than you need to.
The HonestDoor Price updates in real time using actual transaction data. It is the number that reflects what a buyer will actually offer - not what the city calculated last year for tax purposes.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Cameron and you are thinking about listing this summer, the timing has something going for it. Growth ranks 5 out of 36 in Burnaby - that is a strong story to tell a buyer. Prices are affordable relative to the rest of the city, which means your pool of potential buyers is wider. The predicted value is nudging upward. You are not at the peak of a frenzy, but you are in a market that is moving in the right direction.
If you own a condo, be realistic. Values have dipped 1.32% recently and the predicted price is below the 3-month average. That does not mean do not sell - it means price it right from day one. Use your HonestDoor Price as your anchor, not the assessment. A well-priced condo in a market taking a breather still sells. An overpriced one just sits.
Either way, the smartest move before you call an agent is to pull your HonestDoor Price and compare it to your assessment. That gap - whether it is $31,000 on a house or $45,000 on a condo - is the number that actually matters when you are sitting across the table from a buyer this summer.
cameron | burnaby | 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.