Clinton-Glenwood, Burnaby - September 2026 Real Estate Report

Clinton-Glenwood, Burnaby: Your Home Is Worth More Than the City Thinks - Or Less. Here's the Real Number.

If you've been glancing at your latest property assessment and nodding along, hold on. The real picture in Clinton-Glenwood right now is a bit more complicated - and depending on whether you own a house or a condo, the gap between what the city says and what the market says is pretty striking.

The Vibe: Houses vs. Condos - Two Very Different Stories

Let's be straight with each other. Our neighbourhood is not all moving in the same direction right now.

Houses: If we're talking detached homes, the market is taking a breather. The HonestDoor Price for houses sits at $1,682,242 - and that's actually 3.22% below the city's average assessed value of $1,738,271. So the city thinks your house is worth more than buyers are likely to pay right now. Property values have dipped 2.01% recently, and the predicted market value of $1,653,318 is trending below the 3-month moving average of $1,679,503. That's a slow slide, not a cliff - but it's worth watching. On the neighbourhood leaderboard, houses in Clinton-Glenwood rank 27 out of 36 for growth in Burnaby. That puts us in below-average territory. On price, we rank 34 out of 35 - meaning we're among the most affordable house markets in the city, which is either a buying opportunity or a signal that demand here is soft, depending on how you look at it.

• Average HonestDoor Price (Houses): $1,682,242
• City Assessment (Houses): $1,738,271
• HonestDoor Price is 3.22% below assessment
• Recent value change: -2.01%
• Predicted market value: $1,653,318
• Average sale price: $665,000
• Price per square foot: $749
• Estimated rent: $5,904/month
• Rental yield: 4.02%
• Growth rank: 27 out of 36 in Burnaby

Condos: This is where it gets interesting. The HonestDoor Price for condos is $865,931 - and that's 41.36% higher than the city's average assessed value of $612,592. The city is seriously undervaluing condo owners here. Even better, the predicted market value of $881,889 is trending up from the 3-month moving average of $875,876, and recent value change is a positive 3.11%. On the leaderboard, condos rank 11 out of 37 for growth - that's above average in Burnaby. If you own a condo in Clinton-Glenwood, your real-world equity position is likely much stronger than your tax notice suggests.

• Average HonestDoor Price (Condos): $865,931
• City Assessment (Condos): $612,592
• HonestDoor Price is 41.36% above assessment
• Recent value change: +3.11%
• Predicted market value: $881,889
• Average sale price: $549,500
• Price per square foot: $755
• Estimated rent: $3,545/month
• Rental yield: 3.52%
• Growth rank: 11 out of 37 in Burnaby

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

Here's the thing about government assessments - they're a snapshot from last year, calculated using broad strokes across thousands of properties. They don't know what sold on your street last month. They don't adjust for the fact that condo demand in Clinton-Glenwood has been moving faster than the city's spreadsheet can keep up with.

The HonestDoor Price is updated in real time using actual transaction data. For condo owners here, that difference is not small - we're talking a potential $253,000 gap between what the city says and what the market reflects. If you're making any financial decision - refinancing, selling, even just understanding your net worth - using a stale assessment number is like navigating with last year's map.

For house owners, the HonestDoor Price is actually doing you a favour by being honest: the market right now is pricing homes below the city's figure. Knowing that before you list is far better than finding out after 60 days on the market.

With 1,561 houses and 854 condos assessed this year across the neighbourhood, there's plenty of data feeding into these numbers. This isn't a guess - it's the closest thing to a real-world check you can get without hiring an appraiser.

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

If you own a condo and you've been on the fence, this summer has some logic to it. Values are trending up, growth ranks above average in Burnaby, and the HonestDoor Price is well ahead of where the city pegged you. You have pricing power right now - use it before the broader market softens further.

If you own a house, be realistic about your number. The HonestDoor Price of $1,682,242 and the recent -2.01% value shift tell you that buyers are negotiating hard. Pricing at or near your assessment could mean sitting on the market longer than you want. Come in sharp, know your real number, and you'll move faster.

For context, our neighbours are also feeling the slowdown - Sussex-Nelson, Stride Hill, and Windsor all posted negative growth too. This isn't a Clinton-Glenwood problem alone. It's a Burnaby-wide exhale. The sellers who win this summer will be the ones who price off real data, not wishful thinking.

Bottom line: check your HonestDoor Price before you do anything else. It takes two minutes and it's the most honest number you'll find.

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.