If you've been watching the "For Sale" signs in Farewell Heights lately, here's what's actually happening. The market is taking a breather on the house side, but condos are telling a completely different story. We're not in a crash. We're in a split market - and knowing which side you're on matters a lot for your wallet this summer.
Let's be straight with each other. House values in Farewell Heights are sliding a little. The average HonestDoor Price sits at $1,629,893, down 1.81% from the previous period. The predicted market value is $1,659,893, and that number is trending below the 3-month moving average of $1,699,675. That gap tells us prices have been drifting downward for a few months now.
On the neighbourhood leaderboard, our houses rank 29 out of 47 comparable neighbourhoods in Clarington for growth. That puts us in below-average territory for momentum right now. Not a disaster - but not a bragging point either.
Here's the silver lining. Even with the dip, Farewell Heights houses are still priced well above every nearby neighbourhood. Highland sits at $792,435. Glenview is at $869,012. Worden comes in at $781,498. We're roughly double those numbers. That premium is real, and it reflects what this neighbourhood actually offers.
Nobody is talking about this enough. Farewell Heights condos are up 15.44% from the previous period. The average HonestDoor Price is $608,500. That kind of jump in a short window is a real signal - buyers are paying attention to our condo stock, and the numbers back it up.
Yes, the predicted market value of $527,100 is sitting below that HonestDoor Price, and it's also dipping below the 3-month moving average of $547,500. So there's some short-term softness in the forecast. But the overall trend from the previous period is still strongly positive. Condos here rank 24 out of 39 neighbourhoods in Clarington for growth - below average, but the recent price surge suggests momentum could be building.
For renters and investors, a 3.78% rental yield on a $527,100 asset at $2,650 per month is a reasonable return in this market. And at $150 per night for Airbnb potential, Farewell Heights condos rank 5th in all of Clarington for short-term rental income. That's a top-tier result.
Here's the thing about your city assessment. It's a snapshot from the past. It doesn't know what happened in your neighbourhood last quarter. It doesn't know that condo values here just jumped 15.44%. It doesn't know that house buyers are still paying $1.6 million-plus on your street while nearby neighbourhoods are sitting at half that price.
The HonestDoor Price is updated in real time. It pulls from actual market activity - not a government spreadsheet that gets refreshed every few years. For Farewell Heights homeowners, that gap between your assessment and your HonestDoor Price could represent tens of thousands of dollars you're either leaving on the table or overpaying in property tax. Checking it now costs nothing. Not checking it could cost you.
For house sellers - the window is still open, but it's not getting wider. Prices are off their peak, and the 3-month trend is pointing downward. If you've been sitting on the fence, this summer is a better time to move than waiting to see where the bottom is. You're still commanding a massive premium over every neighbourhood around us. Use that while it holds.
For condo sellers - you're in a more interesting spot. The HonestDoor Price of $608,500 is running well above the predicted value of $527,100. That means the market has recently been willing to pay more than the models expect. A well-priced listing right now could catch buyers who are priced out of houses and looking for a foothold in Farewell Heights.
Either way, the smartest move before you call an agent is to pull your HonestDoor Price. Know your real number. Then negotiate from there - not from a tax bill that was written before any of this happened.
farewell heights | clarington | 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.