Dawson-Delta, Burnaby - October 2026 Real Estate Report
Dawson-Delta, Burnaby: Your House Might Be Worth More Than You Think - But Your Condo Is Taking a Breather
The Vibe Right Now
If you've been watching the "For Sale" signs in Dawson-Delta lately, here's what's actually happening. The story is split right down the middle depending on what you own. Houses and condos are moving in completely different directions, and knowing which side you're on could change what you do this summer.
Houses: A Quiet Overachiever
We don't have a ton of sales volume to work with - only one house sold this month at $1,089,000 - but the underlying numbers are telling a more interesting story. The HonestDoor Price for houses here sits at $1,309,024, and the predicted market value is even higher at $1,408,913. That predicted value is climbing above the 3-month moving average of $1,370,184, which means momentum is pointing up, not down.
Here's the stat that should make every house owner in Dawson-Delta pay attention: our neighbourhood ranks 1 out of 36 in Burnaby for growth rate. That's not a typo. Number one. While a lot of Burnaby neighbourhoods are flat or sliding, houses here are quietly outperforming almost everyone else on the leaderboard.
- Average HonestDoor Price (Houses): $1,309,024
- Predicted Market Value: $1,408,913
- 3-Month Moving Average: $1,370,184
- Recent Value Change: up 4.39%
- Price Per Square Foot: $813
- Estimated Monthly Rent: $5,242
- Rental Yield: 4.31%
- Growth Rank in Burnaby: 1 out of 36
- Price Rank in Burnaby: 23 out of 35 (below average - meaning there's room to run)
Compare that to neighbours like Brentwood at $1,947,246 or Willingdon Heights at $1,782,760, and you can see we're priced well below the area's ceiling. That gap is actually a good thing for buyers coming in - and for sellers, it signals there's upside still on the table.
Condos: Taking a Breather
The condo side of Dawson-Delta is a different conversation. Values have dipped 1.72% recently, and the predicted market value of $673,046 is sliding below the 3-month moving average of $680,424. The one condo that sold this month went for $580,000 - down 21.6% from last month. One sale doesn't make a trend, but it's worth watching.
The good news? We still rank 6 out of 26 in Burnaby for condo price - that's above average. And with 49 transactions recorded in 2026 and 2,398 properties assessed, there's real activity here. This isn't a ghost town. It's just a market catching its breath.
- Average HonestDoor Price (Condos): $669,577
- Average Assessed Value: $699,750
- HonestDoor Price vs. Assessment: 4.31% lower
- Predicted Market Value: $673,046
- 3-Month Moving Average: $680,424
- Recent Value Change: -1.72%
- Price Per Square Foot: $772
- Estimated Monthly Rent: $3,167
- Rental Yield: 3.50%
- Growth Rank in Burnaby: 18 out of 37 (above average)
- Price Rank in Burnaby: 6 out of 26 (above average)
- Neighbourhood Growth: -0.07% year over year
One thing to flag for condo owners: the HonestDoor Price is already 4.31% below the official assessed value. That matters. The city's assessment is a snapshot from months ago. The HonestDoor Price is tracking what the market is doing right now - and right now, it's saying the assessed value is running a little hot.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about government assessments - they're built on old data. By the time that number lands in your mailbox, the market has already moved. For house owners in Dawson-Delta, that's actually great news right now, because the HonestDoor Price and predicted market value are both running ahead of where a static assessment would put you. You could be sitting on more equity than your last notice suggested.
For condo owners, it works the other way. The assessed value of $699,750 looks nice on paper, but the HonestDoor Price of $669,577 is the real-world check. If you're making decisions about refinancing, selling, or buying out a partner, using the assessed number could give you a false read on where you actually stand.
The HonestDoor Price updates in real time using actual sales data from around us. It's the number we'd use if a friend asked us what our place is actually worth today - not what the city thought it was worth last July.
So What Does This Mean If You're Thinking About Selling This Summer?
If you own a house in Dawson-Delta, the timing is genuinely interesting. We're ranked number one in Burnaby for growth, our predicted value is climbing, and we're still priced well below the ceiling set by Brentwood and Willingdon Heights. Buyers who got priced out of those neighbourhoods are looking at us. That's real demand.
The average HonestDoor Price of $1,309,024 is down 7.09% from the previous period, so this isn't a runaway market - but the forward-looking predicted value of $1,408,913 suggests the floor is holding and the direction is up. If you're a house owner thinking about listing, summer 2025 has a reasonable case behind it.
If you own a condo, the honest answer is: patience might serve you better than urgency. Values are dipping slightly, and you'd be competing in a market where nearby Brentwood condos are selling for a bit more. That said, a rental yield of 3.50% and estimated rent of $3,167 per month means holding the property while you wait isn't a bad position either.
Bottom line - house owners in Dawson-Delta have a real story to tell buyers right now. Condo owners have time on their side. Either way, check your HonestDoor Price before you make any moves. It's the only number that's actually keeping up with this market.
dawson-delta | 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.