Cameron, Burnaby - September 2026 Real Estate Report

Cameron, Burnaby: Your Neighbour Just Asked If Now Is a Good Time to Sell

If you live on a Cameron street and you have been quietly wondering what your place is actually worth right now, here is the honest answer - and it is a bit more complicated than your last tax notice suggested.

The Vibe: What Is Happening With Houses and Condos in Cameron

Let us start with houses, because the numbers tell two different stories depending on which one you look at.

The city's assessed value for a Cameron house sits at $944,001. But the HonestDoor Price - which pulls from real-time market signals instead of a once-a-year government snapshot - puts the average at $958,512. That is 1.54% above the assessed value, and it has moved up 2.89% from the previous period. So if you are a homeowner, the real-world number is actually working in your favour right now.

That said, we should not sugarcoat the short-term picture. The predicted market value for Cameron houses is $931,576, and that is trending down from a 3-month moving average of $967,734. Recent price movement is sitting at -4.94%. On the neighbourhood leaderboard for growth, Cameron houses rank 35 out of 36 in Burnaby. That is near the bottom. The market is taking a breather, and sellers need to know that going in.

• Average assessed value (houses): $944,001
• HonestDoor Price (houses): $958,512 - up 2.89%
• Average sale price: $865,700
• Price per square foot: $565
• Estimated monthly rent: $4,036
• Rental yield: 4.83%
• Properties sold in 2026: 1 house
• Growth rank: 35 out of 36 in Burnaby

Now condos. This is where we need to have a real conversation. The average assessed value for a Cameron condo is $552,750 - but the HonestDoor Price is $506,641. That is 8.34% below the assessed value, and it has dropped 1.32% from the previous period. The average sale price recently came in at $487,500, which is down 18.3% from last month. Only 2 condos sold, down 33.3% from the month before.

On the neighbourhood leaderboard, Cameron condos rank 36 out of 37 for growth in Burnaby. That is the second-to-last spot. If you own a Cameron condo and you have been relying on your tax assessment to feel good about your equity, this is the data that should make you look twice.

• Average assessed value (condos): $552,750
• HonestDoor Price (condos): $506,641 - down 1.32%
• Average sale price: $487,500
• Price per square foot: $512
• Estimated monthly rent: $2,571
• Rental yield: 3.81%
• Properties sold in 2026: 2 condos
• Growth rank: 36 out of 37 in Burnaby

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

Here is the thing about government assessments - they are a photograph of the market from months ago. By the time that notice lands in your mailbox, the market has already moved. In a neighbourhood like Cameron, where prices are shifting and transaction volume is low, that lag can cost you real money.

The HonestDoor Price is updated continuously using actual sales data, market trends, and comparable properties. For Cameron houses, it is currently running $14,511 above the assessed value. For condos, it is running $46,109 below the assessed value. Those are not small gaps. If you are a condo owner pricing your unit based on your assessment, you could be starting the conversation in the wrong place entirely.

With 538 houses and 3,302 condos assessed in Cameron this year, there is a lot of property value sitting on numbers that do not reflect today's reality. Checking your HonestDoor Price takes two minutes and gives you the real-world check your assessment simply cannot.

The "So What?" - Thinking About Selling This Summer?

If you are a Cameron homeowner thinking about listing this summer, here is what the data is telling us.

For house sellers - you have a window. The HonestDoor Price is still above assessed value, and rental demand is solid at $4,115 per month on average. But the predicted value is declining and transaction volume is thin - only 3 sales recorded in 2026 so far. Low volume means fewer competing listings, but it also means fewer buyers. Pricing sharp and moving quickly matters more than it did a year ago.

Nearby neighbourhoods like Cariboo-Burquitlam (HonestDoor Price $1,784,624) and Cariboo-Armstrong ($1,679,434) are priced significantly higher and showing faster growth. Buyers who cannot stretch to those neighbourhoods may look at Cameron as a relative value play - and that is a story worth telling in your listing.

For condo sellers - this is a tougher conversation. The HonestDoor Price is below assessed value, recent sales are down sharply, and Cameron sits near the bottom of Burnaby's growth rankings for condos. That does not mean you cannot sell - it means you need to price based on where the market actually is, not where your assessment says it was. A condo in Cameron is still pulling $2,543 in average monthly rent, which is a real number for investors. Lead with that if your buyer pool includes landlords.

Bottom line - Cameron is not the hottest address in Burnaby right now, and pretending otherwise helps nobody. But knowing exactly where you stand, with a current HonestDoor Price in hand, means you can make a smart move instead of a hopeful one.

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.