Parkcrest-Aubrey, Burnaby - September 2026 Real Estate Report

Parkcrest-Aubrey, Burnaby: Your Neighbour Just Asked "Should I Sell?" - Here's the Real Answer

The Vibe Right Now

If you've been watching the "For Sale" signs on your block, here's what's actually happening. Parkcrest-Aubrey is holding its ground as one of Burnaby's pricier addresses, but the market is clearly taking a breather. Values aren't crashing - they're just pausing. And that pause means something different depending on whether you own a house or a condo here.

Houses: Still the Crown Jewel, But Watch the Trend

Let's be straight with each other. Houses in our neighbourhood are sitting at an average sale price of $2,680,000, with a price per square foot around $805. That puts us at rank 2 out of 35 comparable neighbourhoods in Burnaby for price - we're near the top of the leaderboard. But on the growth side, we rank 18 out of 36. Solidly middle of the pack.

• Average HonestDoor Price: $2,013,793
• Average Assessed Value: $2,057,117
• HonestDoor Price is 2.11% below the city assessment
• HonestDoor Price moved up 1.22% from the previous period
• Predicted market value: $1,989,618 - down from the 3-month average of $2,010,343
• Recent value change: -1.51%
• Estimated rent: $6,791 per month
• Rental yield: 3.76%
• Airbnb potential: roughly $337 per month
• Only 1 house sold in the most recent period

That predicted value dipping below the 3-month average is worth watching. It's not a red flag, but it's a signal. Nearby Lochdale's predicted house value sits at $2,257,625 - noticeably higher than ours. If you're a house owner in Parkcrest-Aubrey, you're still in a premium position in Burnaby, but the gap to some neighbours is worth keeping an eye on.

Condos: Taking a Harder Hit

We have to be honest here - the condo picture is tougher. The HonestDoor Price for condos has dropped 3.57% from the previous period and sits at $593,630. That's already 10.90% below the average assessed value. On the neighbourhood growth leaderboard, condos in Parkcrest-Aubrey rank 32 out of 37. That puts us near the bottom of the pack in Burnaby right now.

• Average HonestDoor Price: $593,630
• Average Assessed Value: $666,238
• HonestDoor Price is 10.90% below the city assessment
• HonestDoor Price dropped 3.57% from the previous period
• Predicted market value: $615,624 - down from the 3-month average of $628,264
• Recent value change: -0.16%
• Average sale price: $685,000 at roughly $887 per square foot
• Estimated rent: $2,825 per month
• Rental yield: 3.73%
• Only 1 condo sold in the most recent period

For context, nearby Brentwood condos are averaging an HonestDoor Price of $637,689 - higher than ours. Capitol Hill condos are even further ahead at $1,149,003. If you own a condo here, the numbers are telling you something the tax assessment is not.

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

Here's the thing about your city assessment - it's a snapshot from months ago, calculated using broad formulas that don't know your street, your view, or what sold two blocks over last week. In Parkcrest-Aubrey right now, that gap between the assessment and reality is significant.

For houses, the HonestDoor Price is already $43,000 below the assessed value. For condos, that gap blows out to over $72,000. If you're pricing a sale based on your assessment, you could be setting yourself up for a long, frustrating listing. The HonestDoor Price is the real-world check - updated continuously, using actual transaction data and market signals. It's what a serious buyer's agent is going to walk in with. You should know it before they do.

With 1,743 houses and 177 condos assessed this year across the neighbourhood, there's enough data here to get a sharp read on where your specific property stands. Don't wait for next year's assessment letter to find out the market moved without you.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Parkcrest-Aubrey and you're thinking about listing this summer, the window is real but it's not wide open forever. You're still in one of Burnaby's top-priced neighbourhoods - rank 2 out of 35 is nothing to dismiss. But with predicted values trending down from the 3-month average and only 2 total house transactions recorded in 2026 so far, buyer traffic is thin. Thin traffic means you need to price sharp from day one. Overpricing based on your assessment and then chasing the market down is the most expensive mistake you can make right now.

If you own a condo, the conversation is more urgent. A 3.57% drop in HonestDoor Price, a growth rank of 32 out of 37, and a predicted value still falling below the 3-month average - that combination says the longer you wait, the harder the math gets. Rental yield at 3.73% is moderate, not exceptional. If you're not living there and not getting rich renting it, summer 2025 is worth a serious look as your exit window.

Either way, the move right now is simple: check your HonestDoor Price, compare it to what your assessment says, and have an honest conversation about what the market is actually telling you - not what a form letter from the city told you six months ago.

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.