Farewell Heights, Clarington - September 2026 Real Estate Report

Farewell Heights, Clarington: Your Home Is Worth More Than the City Thinks - But the Market Is Cooling Fast

The Vibe Right Now

If you've been watching the "For Sale" signs in Farewell Heights lately, here's what's actually happening. We're in a market that's taking a breather - and the numbers back that up. Whether you own a house or a condo here, the trend line is pointing in the same direction: down from recent peaks. That doesn't mean panic. It means pay attention.

Houses: Big Value, But Watch the Slide

The average HonestDoor Price for a house in Farewell Heights sits at $1,659,893. That's serious money. But the 3-month moving average is $1,694,573, and the predicted value has shifted to $1,660,970 - meaning we've already drifted lower. Property values for houses have moved by -6.59% recently. That's not a blip. That's a signal worth tracking.

• Average HonestDoor Price (Houses): $1,659,893
• 3-Month Moving Average: $1,694,573
• Recent Value Change: -6.59%
• Estimated Monthly Rent: $5,973
• Rental Yield: 4.11% (moderate returns)
• Airbnb Estimate: $297 per night
• Airbnb Rank in Clarington: 6th - that's a strong short-term income position
• Neighbourhood Growth Rank: 46 out of 47 in Clarington

That growth rank is the number we need to talk about. On the Clarington neighbourhood leaderboard, Farewell Heights houses are sitting at 46 out of 47. That puts us near the bottom of the pack right now. Compare that to nearby Highland ($792,942), Glenview ($857,900), and Worden ($778,911) - all significantly cheaper entry points. Our premium price tag needs to be earning its keep.

Condos: A Bit of a Different Story - But Still Cooling

Condo owners got a small piece of good news: the average HonestDoor Price ticked up 0.73% to $527,100. But the 3-month moving average is $548,767, and the predicted value has slipped to $523,300. Values have moved by -11.62% recently. So yes, the short-term blip is positive, but the bigger picture still shows pressure.

• Average HonestDoor Price (Condos): $527,100
• 3-Month Moving Average: $548,767
• Recent Value Change: -11.62%
• Estimated Monthly Rent: $2,650
• Rental Yield: 3.79% (moderate returns)
• Airbnb Estimate: $130 per night
• Airbnb Rank in Clarington: 17th
• Neighbourhood Growth Rank: 32 out of 39 in Clarington

On the condo leaderboard, we're at 32 out of 39. Not last, but not a position to brag about either. Nearby Worden condos average $555,692 - slightly above us - while Glenview ($500,815) and Highland ($503,354) come in cheaper. Our condo values are holding a middle-ground position, but the downward pressure is real.

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

Here's the thing about your city assessment: it's a snapshot from the past. It doesn't know what happened to the market last quarter. It doesn't track the 3-month moving average. It definitely doesn't know that house values in Farewell Heights have shifted by -6.59% recently.

The HonestDoor Price is a live, real-world check on what your property is actually worth today - not what a government office calculated months or years ago. If you're making any financial decision - refinancing, selling, even just understanding your net worth - your tax assessment could be misleading you by tens of thousands of dollars. The HonestDoor Price updates in real time. Your assessment does not. That gap matters.

So What Does This Mean If You're Thinking About Selling This Summer?

Straight talk: if you own a house in Farewell Heights and you've been sitting on the idea of selling, this summer is a conversation worth having sooner rather than later. The market is cooling. Values are below the 3-month moving average. And sitting at 46 out of 47 on the growth leaderboard means momentum is not on our side right now.

That doesn't mean your home won't sell well - a $1.66M average price is still a premium position in Clarington. But waiting for the market to "come back" without a clear signal is a risk. Every month the moving average drifts lower is a month that chips away at your negotiating position.

For condo owners, the calculus is similar. The -11.62% recent value change is the kind of number that should push a decision off the back burner. If you've been thinking about cashing out, the window is open - but it's not getting wider.

Bottom line: check your HonestDoor Price today. Know your real number. Then decide. Don't let an outdated assessment make the decision for you.

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.