Money-Buckingham, Burnaby - August 2026 Real Estate Report

Money-Buckingham, Burnaby: Your Home Is Worth More Than You Think - But the Market Is Catching Its Breath

The Vibe Right Now

If you live in Money-Buckingham, you already know this neighbourhood sits at the top of the Burnaby food chain. The numbers back that up. Houses here rank 1 out of 35 neighbourhoods in Burnaby for price - that is the most expensive in the city. But "most expensive" does not mean "fastest moving," and that is the honest conversation we need to have right now.

The market is taking a breather. Values are dipping slightly, transaction volume is thin, and the 3-month trend is pointing gently downward. That does not mean panic - it means pay attention.

Houses: Still the Crown Jewel, But Moving Slowly

Here is what the numbers say for houses in Money-Buckingham right now:

• Average HonestDoor Price: $2,366,283 - down 0.47% from last period
• Predicted market value: $2,377,553 - slightly below the 3-month moving average of $2,381,268
• Average sale price on recent transactions: $4,350,000
• Price per square foot: $1,248
• Only 1 house sold last month - and just 3 total transactions recorded in 2026
• Estimated monthly rent: $7,749 with a rental yield of 3.66%
• Neighbourhood growth rate: -0.04% - ranks 13 out of 36 on the Burnaby neighbourhood leaderboard

That sale price of $4,350,000 on actual transactions versus a predicted value near $2.37 million tells you something important - the homes that do sell here are the premium end of an already premium street. Most of us are sitting on properties that have not traded hands recently, which makes knowing your real-time value even more critical.

On the leaderboard, 13 out of 36 for growth puts us in above-average territory for Burnaby. We are not leading the pack, but we are not at the back either. Compared to nearby Oakalle (growth at -0.02%), we are actually declining slightly faster - something worth watching if you are thinking about timing a sale.

Condos: A Quiet Outperformer

The condo story in Money-Buckingham is genuinely interesting. While houses are the headline, condos are quietly holding their own:

• Average HonestDoor Price: $669,557 - down 0.11% from last period
• Predicted market value: $670,264 - above nearby Oakalle condos at $644,625
• 3-month moving average: $676,793 - so values are easing slightly
• Estimated monthly rent: $3,101 with a rental yield of 3.50%
• Airbnb potential: $154 per night - ranked 39th in Burnaby for Airbnb income
• Recent value change: up 0.17%
• Growth rank: 4 out of 37 neighbourhoods in Burnaby - that puts condo owners here in the top performers category

That growth rank of 4 out of 37 is the number condo owners should screenshot and save. While the broader market softens, Money-Buckingham condos are outranking 33 other Burnaby neighbourhoods for growth momentum. That is a real edge if you are thinking about selling or refinancing.

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

Here is the thing about your BC Assessment notice - it is a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it is already 6 to 18 months old. The market does not care about that date. Buyers and their agents are looking at what is happening right now.

The HonestDoor Price for houses in Money-Buckingham sits at $2,366,283 - just 0.07% below the average assessed value. That is remarkably close, which tells us the assessment was reasonably accurate at the time. But "at the time" is doing a lot of work in that sentence. With values now trending downward month over month and the 3-month moving average declining, your assessed value could already be overstating what a buyer would pay today.

Checking your HonestDoor Price right now gives you the real-world number - updated, data-driven, and not tied to a government calendar. Whether you are selling, refinancing, or just keeping score, that is the number that reflects today, not last summer.

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

Straight talk: this is not a "list it and watch the offers roll in" market right now. Three total house transactions in 2026 tells you buyer activity is light. That does not mean you cannot sell - it means you need to price it right from day one.

A few things to keep in mind:

• With only 1 house selling last month, your competition is low - but so is buyer urgency
• The gap between the HonestDoor predicted value (~$2.37M) and recent actual sale prices ($4.35M average) suggests the homes trading hands are exceptional properties - if yours is more typical, price accordingly
• Condo sellers are in a stronger spot - a top-4 growth rank in Burnaby gives you a real story to tell buyers
• Rental demand is strong - $7,749 per month estimated rent on a house is a compelling number for investor buyers who might be your best audience right now
• Nearby neighbourhoods like Oakalle and Kingsway-Beresford are significantly cheaper, so buyers who want Money-Buckingham are specifically choosing it - lean into that

The bottom line: if you are a house seller, get your HonestDoor Price updated and have an honest conversation about where values are heading. If you own a condo here, the growth momentum is genuinely on your side. Either way, summer 2025 rewards sellers who know their real numbers - not the ones printed on a government form from last year.

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.