Edmonds, New Westminster - October 2026 Real Estate Report
Edmonds, New Westminster and Burnaby: What Your Neighbour Hasn't Told You Yet
If you own a home in Edmonds and you haven't checked your HonestDoor Price lately, you're probably working off numbers that don't reflect what's actually happening on the street. Here's the real picture, broken down so it actually makes sense.
The Vibe: What's Moving and What's Not
Let's split this into two honest conversations - one for house owners, one for condo owners.
Houses in Edmonds, Burnaby
Our houses are sitting at an average sale price of $1,812,400, and that number has barely budged from last month. Price per square foot is running around $1,067. Only 2 sales moved through recently, so we're not exactly in a frenzy. The predicted market value sits at $1,506,984, which is already pulling back from the 3-month moving average of $1,533,204. Values have dipped 1.71% recently. On the neighbourhood leaderboard for growth, Edmonds houses rank 33 out of 36 in Burnaby - that puts us near the bottom of the pack for momentum right now. On price though, we rank 15 out of 35, so we're holding above average value even if growth has taken a breather.
- Average sale price: $1,812,400
- Price per square foot: $1,067
- Predicted market value: $1,506,984
- 3-month moving average: $1,533,204
- Recent value change: -1.71%
- Estimated rent: $5,525 per month
- Rental yield: 4.11%
- Growth rank: 33 out of 36 in Burnaby
- Price rank: 15 out of 35 in Burnaby
Condos in Edmonds, Burnaby
Condo owners, here's our story. The average sale price is $730,000, essentially flat, at $863 per square foot. The predicted market value is $1,031,961, just edging down from the 3-month moving average of $1,033,641. Values have slipped 2.54% recently. On the growth leaderboard, we rank 27 out of 37 in Burnaby - below average, but not at the bottom. Here's the flip side though: on price, Edmonds condos rank 5 out of 26 in Burnaby. That means we're among the most expensive condo markets in the city. High price, slower growth - that's the honest trade-off right now.
- Average sale price: $730,000
- Price per square foot: $863
- Predicted market value: $1,031,961
- 3-month moving average: $1,033,641
- Recent value change: -2.54%
- Estimated rent: $3,868 per month
- Rental yield: 3.42%
- Growth rank: 27 out of 37 in Burnaby
- Price rank: 5 out of 26 in Burnaby
Edmonds, New Westminster
On the New Westminster side of Edmonds, the average HonestDoor Price is $869,500 - up 6.25% from the previous period. That's a meaningful jump. Rental potential sits at $3,857 per month, and if you're curious about short-term rental income, the Airbnb estimate runs about $192 per night, ranking 14th in New Westminster.
- Average HonestDoor Price: $869,500
- Price change: +6.25%
- Average rental estimate: $3,857 per month
- Airbnb estimate: $192 per night
- Airbnb rank in New Westminster: 14
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your BC Assessment notice - it's a snapshot from July 1st of the previous year. By the time it lands in your mailbox, the market has already moved. In a neighbourhood like Edmonds where values are shifting month to month, that lag can cost you real money.
The HonestDoor Price is updated in real time using actual sales data, current market signals, and live comparables. It's the number that reflects what a buyer would actually put on the table today - not what the government calculated eight months ago. With Burnaby house values down 1.71% and condo values down 2.54% recently, knowing your current number isn't just interesting - it's the difference between pricing right and sitting on the market too long.
Think of the HonestDoor Price as your real-world check. It doesn't care about last year's market. It cares about this one.
The So What: Should You Sell in Edmonds This Summer?
Straight answer - it depends on what you own and where.
If you own a house in Edmonds, Burnaby, the price rank is solid but growth has cooled. Values are drifting down slightly from their 3-month average. Waiting for a big spring surge may not pay off the way it would have a year ago. If you need to sell, pricing sharp and moving quickly is smarter than holding out for a number the market isn't supporting right now.
If you own a condo in Edmonds, Burnaby, you're sitting in one of the pricier condo markets in the city - top 5 out of 26. But growth is lagging. Buyers know this. A well-priced listing will move. An overpriced one will sit.
If you're on the New Westminster side of Edmonds, that 6.25% price increase is the most encouraging signal in this whole report. That kind of momentum is worth acting on before the market catches its breath.
Bottom line - check your HonestDoor Price before you do anything else. It takes two minutes and it'll tell you more than any assessment notice ever will.
edmonds | new westminster | 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.