Austin Heights, Coquitlam - October 2026 Real Estate Report
Austin Heights, Coquitlam: Your Neighbour Just Texted You This
If you own a home in Austin Heights and you haven't checked your HonestDoor Price lately, you might be working off numbers that don't reflect what's actually happening on your street right now. Here's the real picture.
The Vibe: What's Going On With Houses and Condos
Houses - Taking a Breather
Let's be straight with each other. The house market in Austin Heights is cooling off a bit. The predicted market value for houses sits at $1,554,009, and that number is sliding - it's down from the 3-month moving average of $1,575,867. Values have dipped 1.80% recently, and on the neighbourhood leaderboard, we rank 12 out of 13 for growth. That's near the bottom of the pack in Coquitlam.
On the price side, we're ranked 11 out of 12 - so we're one of the more affordable spots for houses in the city. Only 1 house sold recently, with an average sale price of $617,500 and a price per square foot around $637. For context, that's a bit higher than what sold in Maillardville ($555,000) and Cariboo-Burquitlam ($571,000), which tells us buyers are still paying a premium to be in Austin Heights - even in a slower market.
- Predicted House Value: $1,554,009
- 3-Month Moving Average: $1,575,867
- Recent Value Change: -1.80%
- Average Sale Price: $617,500
- Price Per Square Foot: $637
- Estimated Monthly Rent: $5,654
- Rental Yield: 4.12%
- Growth Rank in Coquitlam: 12 out of 13
Condos - A Different Story
Here's where it gets interesting for condo owners. While houses are softening, condos are actually moving in the other direction. The predicted condo value is $1,021,152, and that's climbing - up from the 3-month moving average of $998,384. Values are up 0.86% recently, and we rank 3 out of 13 for growth in Coquitlam. That puts us in the top tier of the city for condo momentum.
Sales volume slowed down - only 1 condo sold, down 50% from last month - and the average sale price came in at $278,000, down 1.6%. But the predicted market value tells a more optimistic story for owners holding long-term. Rental income potential is solid too, with estimated rent at $3,431 per month and a rental yield of 3.63%.
- Predicted Condo Value: $1,021,152
- 3-Month Moving Average: $998,384
- Recent Value Change: +0.86%
- Average Sale Price: $278,000
- Price Per Square Foot: $502
- Estimated Monthly Rent: $3,431
- Rental Yield: 3.63%
- Growth Rank in Coquitlam: 3 out of 13
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here's the thing about your BC Assessment number - it's a snapshot from last July. A lot has changed since then. For houses in Austin Heights, the average assessed value is $1,582,638, but the average HonestDoor Price is $1,554,485. That's a gap of about $28,000. Your assessment is running 1.78% higher than what the real-world market is saying today.
For condos, the gap is even more striking - but in the opposite direction. The average assessed value is $503,600, while the HonestDoor Price is $988,864. That's a massive difference. If you're a condo owner and you're still thinking about your property based on the government's number, you're dramatically underestimating what you actually own.
The HonestDoor Price updates in real time using actual sales data and market signals. It's the real-world check against a static government number that gets recalculated once a year. For anyone making a financial decision - refinancing, selling, or just understanding your net worth - the HonestDoor Price is the number that actually matters.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Austin Heights and you're thinking about listing this summer, the honest answer is: timing matters right now. Values are drifting down from their recent peak, and we're near the bottom of the Coquitlam growth leaderboard for houses. That doesn't mean you can't sell well - it means you need accurate pricing from day one. Overpricing in a softening market is the fastest way to sit on a listing nobody calls about.
If you own a condo, the picture is more encouraging. Values are trending up, and we're ranking near the top of Coquitlam for condo growth. If you've been on the fence, the momentum is currently in your favour.
Either way, the first move is the same - check your HonestDoor Price before you call an agent, set a list price, or make any assumptions based on last year's assessment. The market has moved. Your strategy should too.
- House owners: market is softening - price sharp and move fast
- Condo owners: values are climbing - you have some leverage right now
- Both: your HonestDoor Price is more current than your BC Assessment - use it
- Rental investors: houses yield 4.12%, condos yield 3.63% - both moderate but steady
- Airbnb potential: houses rank 6th in Coquitlam, condos rank 4th - short-term rental demand is real here
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.