HonestDoor

    Newmarket Clearmeadow-Glenway, Newmarket - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Newmarket, Newmarket Clearmeadow-Glenway

    Clearmeadow-Glenway Reality Check: Your Home Is Worth More Than the City Thinks

    The Vibe Right Now

    If you've been watching the "For Sale" signs in Clearmeadow-Glenway, here's what's actually happening. The market is taking a breather - but the story is different depending on whether you own a house or a condo. Let's break it down for us locals.

    Houses: Steady, But Watch the Trend

    The average HonestDoor Price for a house in Clearmeadow-Glenway sits at $1,113,692 - down 2.27% from the previous period. That's not a crash. That's a market catching its breath. The predictive model puts house values at $1,256,090, which is nudging below the 3-month moving average of $1,268,721. So we're seeing a slight softening in the short term.

    On the leaderboard, houses here rank 2 out of 4 among comparable King neighbourhoods for growth. Above average. Not the top dog, but solidly in the conversation.

    • Average HonestDoor Price: $1,113,692
    • Predicted Market Value: $1,256,090
    • 3-Month Moving Average: $1,268,721
    • Recent Value Change: -3.48%
    • Estimated Monthly Rent: $4,850
    • Rental Yield: 4.42%
    • Growth Rank: 2 out of 4 in King (above average)

    For context, our neighbours in Aurora North West are sitting at $1,783,865 - a big jump up. Aurora Centre West is close to us at $1,135,791. Newmarket Armitage comes in just below at $1,103,868. We're right in the middle of the pack, which for a market like this, is a reasonable place to be.

    Condos: A Wild Swing Worth Paying Attention To

    The condo picture is more dramatic. The average HonestDoor Price is $287,648 - down 36.20% from the previous period. That number will raise eyebrows. But here's the flip side: the predictive model puts condo value at $469,220, which is actually up sharply from the 3-month moving average of $355,845. That's a 57.14% recent change in predicted value.

    What does that mean for us? It means the condo segment here is volatile - and potentially underpriced right now relative to where the data says it's heading. Condos in Clearmeadow-Glenway rank 1 out of 4 in King for growth. That's the top spot on the leaderboard.

    • Average HonestDoor Price: $287,648
    • Predicted Market Value: $469,220
    • 3-Month Moving Average: $355,845
    • Recent Value Change: +57.14%
    • Estimated Monthly Rent: $2,338
    • Rental Yield: 3.89%
    • Growth Rank: 1 out of 4 in King (top of the leaderboard)

    Nearby Aurora North West condos are at $547,727 and Aurora Centre West at $576,618 - both higher than us. That gap is worth noting if you're thinking about what upside looks like here.

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

    Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened in the last quarter. It doesn't know what your neighbour's place sold for last month. It's a static number doing a real-time job, and it's not built for that.

    The HonestDoor Price is updated continuously. It pulls in real transaction data, current market signals, and neighbourhood-level trends. For houses in Clearmeadow-Glenway, there's already a gap between the HonestDoor Price of $1,113,692 and the predictive model value of $1,256,090. That gap is your real-world check. If your tax assessment is sitting below either of those numbers, you could be leaving money on the table - or overpaying on a purchase.

    Check your HonestDoor Price now. Not when the next assessment cycle rolls around. Now.

    The So What - Thinking About Selling This Summer?

    If you own a house here and you're thinking about listing this summer, the honest answer is: timing matters. Values are slightly off their recent peak, and the 3-month trend is pointing down modestly. That doesn't mean panic. It means price it right from day one. Overpriced listings are sitting longer right now, and a stale listing is harder to sell than a well-priced one.

    If you own a condo, the data is actually more interesting. The predictive value is running well ahead of the current HonestDoor Price. That kind of gap can close quickly - or it can take time. Either way, getting your HonestDoor Price updated before you make any move is the smartest first step.

    The rental numbers are also worth a look. Houses here are pulling an estimated $4,850 per month with a 4.42% yield. If selling isn't the right call this summer, holding and renting is a real option that pencils out. The Airbnb picture adds another layer - Clearmeadow-Glenway ranks 3rd in Newmarket for Airbnb potential on houses, with an estimated $225 per night.

    Bottom line: this neighbourhood is not in freefall. It's recalibrating. The homeowners who come out ahead this summer will be the ones who know their actual numbers - not the ones guessing based on a two-year-old assessment.

    newmarket clearmeadow-glenway | newmarket | august 2026

    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.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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