Austin Heights, Coquitlam - July 2026 Real Estate Report

Austin Heights, Coquitlam: Your Neighbour Just Got a Reality Check on Their Home Value

If you own property in Austin Heights and you're still looking at your BC Assessment notice to figure out what your place is worth, stop. That number is already old. Here's what's actually happening on the ground right now.

The Vibe: What the Market Is Doing for Houses and Condos

Let's break it down by property type, because houses and condos are telling two very different stories in our neighbourhood right now.

Houses in Austin Heights

If you've been watching the "For Sale" signs around Austin Heights, here's the honest picture. The average sale price for houses is sitting at $615,200, with a price per square foot of around $635. That puts us slightly ahead of Maillardville ($597,000) and just a hair below Cariboo-Burquitlam ($621,250). We're holding our own in a competitive stretch of Coquitlam.

• Average sale price: $615,200
• Price per square foot: $635
• Predicted market value: $1,634,726
• 3-month moving average: $1,614,638 - and climbing
• Estimated monthly rent: $5,859
• Rental yield: 4.07%
• Recent value change: up 2.82%
• Growth rank: 5 out of 13 neighbourhoods in Coquitlam - above average
• Price rank: 12 out of 12 - among the most affordable in Coquitlam

That last stat is worth sitting with. We rank as one of the most affordable house markets in Coquitlam, but our predicted market value is pushing past $1.6 million and trending upward. That gap between "affordable rank" and actual value is exactly the kind of thing buyers and sellers miss when they rely on stale data.

Condos in Austin Heights

The condo story here is genuinely interesting. The average sale price is $332,000 at roughly $507 per square foot. But the predicted market value tells a much bigger story - $982,165, up from a 3-month moving average of $979,494. Values have shifted 2.91% recently, and that earns Austin Heights condos a growth rank of 3 out of 13 neighbourhoods in Coquitlam. That's a top-tier result.

• Average sale price: $332,000
• Price per square foot: $507
• Predicted market value: $982,165
• 3-month moving average: $979,494 - and rising
• Estimated monthly rent: $3,400
• Rental yield: 3.64%
• Recent value change: up 2.91%
• Growth rank: 3 out of 13 neighbourhoods in Coquitlam - well above average
• Price rank: 9 out of 9 - most affordable in its category

Most affordable AND one of the fastest-growing. For anyone watching the condo market in Coquitlam, Austin Heights is punching above its weight right now.

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

Here's the thing about BC Assessment. It's a snapshot taken months ago, based on data that's even older. It doesn't know what happened on your street last week. It doesn't adjust for momentum.

The HonestDoor Price does. For houses in Austin Heights, the average HonestDoor Price is $1,591,116 - that's 0.54% above the average assessed value of $1,582,638. Not a massive gap, but it's real money. For condos, the difference is impossible to ignore. The average assessed value is $503,600. The average HonestDoor Price is $961,596. That's 90.94% higher than what the assessment says. If a condo owner in Austin Heights is making any financial decision based on their assessment alone, they are working with a number that is dramatically underselling their actual position.

Yes, both the house and condo HonestDoor Prices have dipped slightly from the previous period - down 2.67% for houses and 2.09% for condos. The market is taking a breather. But the predicted values are still climbing month over month, which means the short-term dip hasn't changed the underlying direction.

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

A few straight-talk points for anyone considering a move in Austin Heights this season.

• The neighbourhood overall saw modest year-over-year growth - down 0.06% for houses and 0.07% for condos. Not a crash. Not a boom. A breather.
• Transaction volume is thin right now - 1 house sale and 3 condo sales recorded in 2026 so far. Low volume means each sale carries more weight in setting the local price story. Your listing matters more than it would in a busier market.
• Cariboo-Burquitlam next door is slightly more expensive and growing faster for houses. That's useful context - buyers priced out of Cariboo-Burquitlam may be looking at Austin Heights as their next option.
• For houses, rental potential is strong at $5,859 per month estimated. For condos, $3,400 per month with a 3.64% yield. If you're not selling, holding and renting is a reasonable play.
• Austin Heights ranks 7th in Coquitlam for average assessed value and Airbnb potential for houses. For condos, the Airbnb rank is 4th in Coquitlam - a solid position if short-term rental is part of your strategy.

Bottom line - if you're thinking about selling this summer, check your HonestDoor Price before you do anything else. The assessment on your tax notice is not your selling price. In Austin Heights right now, knowing the difference between those two numbers could be the most valuable thing you do before you call an agent.

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.