HonestDoor

    Clinton-Glenwood, Burnaby - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Burnaby, Clinton-Glenwood

    Clinton-Glenwood, Burnaby: Your Home Is Probably Worth Less Than the City Thinks

    If you have been watching the "For Sale" signs in Clinton-Glenwood and wondering what is actually going on, here is the straight answer: the market is taking a breather. Values are drifting slightly lower, sales are slow, and the city's assessment number on your tax notice is not telling the full story - it is actually telling the wrong story.

    The Vibe: Houses vs. Condos in Clinton-Glenwood

    We are a neighbourhood of two very different stories right now, depending on what you own.

    Houses

    If you own a house here, the city says it is worth around $1,738,271. But the real-world number - the HonestDoor Price - sits at $1,687,235. That is about $51,000 lower than what your assessment says, and it has slipped another 0.58% from the previous period. Values are down 1.16% recently, and on the neighbourhood growth leaderboard, Clinton-Glenwood houses rank 29 out of 36 in Burnaby. That puts us near the bottom of the pack.

    • Average HonestDoor Price (Houses): $1,687,235
    • Average Assessed Value: $1,738,271
    • HonestDoor Price is 2.94% below the assessed value
    • Predicted Market Value: $1,697,955
    • 3-Month Moving Average: $1,691,957 - trending up slightly
    • Average Sale Price: $698,500
    • Price Per Square Foot: $774
    • Estimated Monthly Rent: $6,020
    • Rental Yield: 3.99%
    • Properties Sold in 2026: 1
    • Growth Rank in Burnaby: 29 out of 36
    • Price Rank in Burnaby: 33 out of 34 - among the most affordable

    One sale in 2026 is a thin market. That makes pricing your home correctly even more critical - there is not a lot of comparable data to lean on.

    Condos

    Condos in Clinton-Glenwood are a different situation entirely. The HonestDoor Price of $855,326 is actually 39.62% higher than the average assessed value of $612,592. The city is significantly undervaluing condos here. That said, the HonestDoor Price has dropped 3.94% from the previous period, so while condos are still priced well above assessment, momentum is softening.

    • Average HonestDoor Price (Condos): $855,326
    • Average Assessed Value: $612,592
    • HonestDoor Price is 39.62% above the assessed value
    • Predicted Market Value: $890,413
    • 3-Month Moving Average: $868,926 - trending up
    • Average Sale Price: $597,667
    • Price Per Square Foot: $667
    • Estimated Monthly Rent: $3,598
    • Rental Yield: 3.49%
    • Properties Sold in 2026: 3
    • Growth Rank in Burnaby: 21 out of 37 - below average
    • Price Rank in Burnaby: 15 out of 26 - below average

    Three condo sales and a predicted value climbing toward $890,413 suggests there is still buyer interest here. The 0.71% recent value increase is modest, but it is at least pointing in the right direction.

    The Secret Sauce: Why You Should Check Your HonestDoor Price Right Now

    Here is the thing about your BC Assessment notice: it is a snapshot from July 1st of last year. The market has moved since then - and in Clinton-Glenwood, it has moved in a direction that makes that number less useful by the day.

    For house owners, the HonestDoor Price is already $51,000 below what the city assessed you at. If you are making any financial decision - refinancing, selling, estate planning - using the assessed value as your benchmark could lead you to seriously miscalculate your position.

    For condo owners, the flip side is true. Your assessed value of $612,592 is dramatically lower than the HonestDoor Price of $855,326. If you are underinsured or have not revisited your home equity recently, you may be leaving a significant amount of financial leverage on the table.

    The HonestDoor Price updates in real time using actual market data. It is the number that reflects what a buyer would actually pay today - not what a government formula calculated twelve months ago.

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

    Selling in Clinton-Glenwood this summer is doable, but you need to go in with clear eyes.

    For house sellers, the neighbourhood growth rank of 29 out of 36 means we are not the hottest address in Burnaby right now. Windsor next door is fetching an average HonestDoor Price of $1,818,868, and Sussex-Nelson is at $2,064,853. Buyers have options. With only one house transaction recorded in 2026 so far, you will not have a lot of recent local sales to point to when justifying your price. That means your listing price needs to be sharp from day one - overpricing in a thin market is a fast way to go stale.

    For condo sellers, the picture is a bit brighter. The predicted market value of $890,413 is trending above the 3-month average, and rental demand is real at $3,598 per month estimated rent. Buyers who are investor-minded will notice that yield. Use it in your pitch.

    Either way, the smartest move before you call an agent is to pull your HonestDoor Price and use it as your starting point - not the assessed value, not a gut feeling, and not what your neighbour sold for two years ago. The market has changed. Your strategy should too.

    clinton-glenwood | burnaby | july 2026

    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.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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