Farewell Heights, Clarington - July 2026 Real Estate Report

Farewell Heights Real Talk: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you own a house in Farewell Heights, Clarington, the numbers are moving in your favour - at least on paper. The average HonestDoor Price for houses here sits at $1,778,163, up 8.12% from the previous period. That is a serious jump. But here is the honest part: the short-term picture is a little more complicated. The predicted market value for houses is currently $1,644,586, and that number is drifting slightly below the 3-month moving average of $1,649,019. Values have ticked down 0.39% recently. So the long-term trend is strong, but the market is taking a breather right now.

On the condo side, we are seeing something similar. The average HonestDoor Price for condos is $592,100 - up a strong 11.53%. But the predicted value sits at $530,900, which is below the 3-month moving average of $548,517, and values have pulled back 2.91% recently. That is a bigger short-term dip. Worth watching if you are a condo owner thinking about timing a sale.

Houses vs. Condos - The Breakdown

Here is what the numbers look like side by side for Farewell Heights right now:

• House HonestDoor Price: $1,778,163 (up 8.12%)
• House predicted market value: $1,644,586
• House 3-month moving average: $1,649,019
• House rental estimate: $6,291 per month
• House rental yield: 4.11%
• House Airbnb estimate: $312 per night
• House Airbnb rank in Clarington: 4th
• House growth rank: 29 out of 47 neighbourhoods in Clarington

• Condo HonestDoor Price: $592,100 (up 11.53%)
• Condo predicted market value: $530,900
• Condo 3-month moving average: $548,517
• Condo rental estimate: $2,920 per month
• Condo rental yield: 3.79%
• Condo Airbnb estimate: $145 per night
• Condo Airbnb rank in Clarington: 11th
• Condo growth rank: 26 out of 39 neighbourhoods in Clarington

On the neighbourhood leaderboard, houses rank 29 out of 47 and condos rank 26 out of 39 for growth in Clarington. That puts both below the midpoint right now. We are not at the top of the class, but we are also not at the bottom. Think of it as middle of the pack - with room to climb.

One bright spot for house owners: Farewell Heights ranks 4th in Clarington for Airbnb income potential. If you have a property here and you are not thinking about short-term rental income, that is a conversation worth having. At $312 per night, the numbers are hard to ignore.

Compared to neighbours like Highland (houses at $811,590), Glenview ($848,802), and Worden ($810,972), Farewell Heights houses are priced significantly higher. On the condo side, we also come out ahead of Highland ($483,785), Glenview ($514,984), and Worden ($466,323). Farewell Heights is the premium option in this corner of Clarington.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is something most homeowners do not think about until it is too late. Your city assessment is a snapshot from the past. It does not update in real time. It does not know what happened to prices in your specific street last month. The HonestDoor Price does.

For house owners in Farewell Heights, the HonestDoor Price of $1,778,163 is your real-world check. It is built on current market data, not a number a government office calculated years ago. If you are making any financial decision - refinancing, listing, even just figuring out your net worth - the HonestDoor Price is the number you should be starting with, not your assessment notice.

The gap between what the city thinks your home is worth and what a buyer would actually pay today can be significant. In a neighbourhood where house values have moved 8.12% in a single period, that gap can mean tens of thousands of dollars. Do not leave that money on the table because you trusted an outdated number.

So What - Should You Sell This Summer?

If you are a house owner in Farewell Heights thinking about listing this summer, here is the straight answer: the long-term HonestDoor Price trend is working in your favour, but the short-term predicted value is softening slightly. You are not in a panic situation - an 8.12% gain over the previous period is real money. But the 0.39% recent dip and the below-average growth rank suggest the market is not in a frenzy right now either.

Selling into a calmer market is not a disaster. It just means your pricing strategy and your listing presentation need to be sharp. Buyers are still there - they are just more selective than they were a year ago.

For condo owners, the 2.91% recent pullback is worth taking seriously. If you were thinking about waiting another six months, keep an eye on whether that 3-month moving average stabilizes. Right now the trend is pointing down in the short term, even though the HonestDoor Price is up 11.53% overall.

Bottom line: Farewell Heights is still a premium address in Clarington. Your home is worth more than your neighbours in Highland, Glenview, and Worden. The rental income potential here - especially for short-term rentals - is among the best in the city. If you are selling this summer, go in with your eyes open, price off the HonestDoor Price, and do not let anyone lowball you based on a stale assessment.

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.