Austin Heights, Coquitlam - September 2026 Real Estate Report

Austin Heights, Coquitlam: What Your Neighbour Hasn't Told You Yet

If you've been watching the "For Sale" signs in Austin Heights and wondering what's actually going on with prices, here's the straight story. The market here is taking a breather on the house side, but condos are quietly doing something interesting. Let's break it down.

The Vibe: Houses vs. Condos in Austin Heights

Houses

We're not going to sugarcoat it. House values in Austin Heights are drifting lower. The average HonestDoor Price sits at $1,554,009 - that's down 1.80% from the previous period. The 3-month moving average for predicted value is $1,602,773, and the current predicted value of $1,582,476 is sitting below that line. The direction is down, not dramatically, but it's a trend worth watching.

On the leaderboard, houses here rank 10 out of 13 Coquitlam neighbourhoods for growth, and 12 out of 12 for price - meaning we're among the most affordable house markets in the city. That's actually a two-sided coin. If you're buying, it's a real entry point. If you're selling, you need to price sharp.

• Average HonestDoor Price: $1,554,009
• Price change: -1.80% from previous period
• Predicted market value: $1,582,476
• 3-month moving average: $1,602,773
• Average sale price: $615,200
• Price per square foot: $635
• Estimated monthly rent: $5,726
• Rental yield: 4.10%
• Airbnb estimate: $281 per night
• Growth rank in Coquitlam: 10 out of 13
• Price rank in Coquitlam: 12 out of 12 (most affordable)

For landlords keeping an eye on returns, a 4.10% rental yield is moderate - not a home run, but it covers ground. And if you're curious about short-term rental potential, Austin Heights ranks 6th in Coquitlam for Airbnb income, which is a solid mid-table position.

Condos

Here's where it gets interesting for us condo owners. While houses are softening, condos in Austin Heights are moving in the opposite direction. The HonestDoor Price is up 0.86% to $1,021,152, and the predicted value of $1,012,404 is climbing above the 3-month moving average of $985,388. That's a positive signal.

The growth leaderboard stat that stands out: condos here rank 1st out of 13 comparable Coquitlam neighbourhoods for growth right now. That's not a typo. Number one. Recent property value change is sitting at 5.28% - the strongest in the comparison group.

• Average HonestDoor Price: $1,021,152
• Price change: +0.86% from previous period
• Predicted market value: $1,012,404
• 3-month moving average: $985,388
• Average sale price: $282,444
• Price per square foot: $517
• Estimated monthly rent: $3,398
• Rental yield: 3.64%
• Airbnb estimate: $170 per night
• Growth rank in Coquitlam: 1 out of 13 (top performer)
• Price rank in Coquitlam: 9 out of 9 (most affordable)
• Airbnb rank in Coquitlam: 4th

Condos here are also the most affordable in the Coquitlam condo market, yet they're growing the fastest. That combination - low price rank, top growth rank - is exactly what buyers look for before a neighbourhood reprices upward.

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

Here's something most Austin Heights homeowners don't realize. Your BC Assessment is a snapshot frozen in time - it reflects market conditions from July 1st of the previous year. A lot can change in 12 to 18 months, and right now, it clearly has.

For houses, the average assessed value is $1,582,638, but the HonestDoor Price is $1,554,009 - that's $28,629 lower. If you're using your assessment to decide what your home is worth today, you're working with a number that's already out of date. The HonestDoor Price pulls from real-time market signals, recent sales, and current trends - it's the real-world check against a static government number.

For condos, the gap is even more striking. The average assessed value is $503,600, but the HonestDoor Price is $1,021,152 - more than double. That's a 102.77% difference. Whether that reflects a data quirk in the assessed base or a genuine repricing in the market, the point is the same: relying on the assessment alone gives you an incomplete picture. Check your HonestDoor Price. It's updated far more frequently than any government roll.

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 window is open but it's not getting wider. Values are drifting down, not crashing, but the 3-month trend is not your friend right now. Pricing at or just below the HonestDoor Price of $1,554,009 gives you the best shot at attracting serious buyers before the fall market resets expectations further.

Nearby, Cariboo-Burquitlam houses are averaging $1,784,624 on the HonestDoor Price - that's $230,000 more than Austin Heights. If buyers are being priced out there, some of them are already looking here. That's your audience this summer.

If you own a condo, the calculus is different. With a 5.28% recent value change and a number-one growth ranking in Coquitlam, you're in the strongest position of any condo owner in the city right now. Selling into momentum is always better than selling into a slide. If a move makes sense for your life, this is a reasonable time to act on it.

Either way, the first step is knowing your real number - not the one on your tax notice. Pull your HonestDoor Price, compare it to what's actually selling nearby, and make your decision from there.

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.