If you have been watching the "For Sale" signs pop up in College Park and wondering what your place is actually worth right now, here is the straight answer: the city's assessment number is not telling the whole story. The real-world market has moved, and not in the direction the assessment office is showing.
College Park is a quiet, established pocket of Port Moody. We are not the flashiest neighbourhood on the leaderboard, but we are steady. Here is how houses and condos are stacking up right now.
One house sold recently, and the average sale price came in at $740,000 - just a hair below what Moody Centre houses are fetching at $747,500. Our growth rank of 9 out of 16 puts us in the below-average tier on the Port Moody leaderboard right now. The market is taking a breather. Values have slipped 0.06% recently, and the 3-month trend confirms that direction. Not a freefall - just a slow exhale.
The condo side has a small silver lining - the HonestDoor Price actually ticked up 0.23%. That is not a party, but it is a positive signal in a market where most things are drifting down. Being ranked the most affordable condos in Port Moody is a double-edged sword. It means buyers get a deal here, but it also means we are not leading the pack on appreciation. Pleasantside condos nearby are sitting at $599,652 - about $91,000 higher - so there is a gap to close.
Here is the thing about your BC Assessment number - it is a snapshot from July 1st of last year. The market has moved since then, and in College Park, it has moved lower. Your assessed value on a house is $1,230,783. The HonestDoor Price says $1,180,224. That is a $50,559 gap. If you are pricing a listing based on the assessment, you are starting from the wrong number.
The HonestDoor Price pulls in real-time sales data, current market signals, and live comparable activity. It is updated continuously - not once a year. For condos, the assessed value is $498,465 but the HonestDoor Price is $467,840. That is a 6.14% difference. Walking into a negotiation without knowing that gap is like showing up to a poker game without looking at your cards.
Check your HonestDoor Price now. It is the number that actually reflects what a buyer would pay today - not what the city thinks your home was worth last summer.
If you are thinking about listing this summer, here is the honest take. The window is not closed, but it is narrowing. Values are drifting lower month over month. The 3-month moving average on houses is $1,218,020 and the current predicted value is $1,208,496 - that is a $9,524 slide in a short period. Waiting is not your friend right now.
On the positive side, College Park ranked 2nd in Port Moody for total transactions. That means buyer activity is real here. People are looking at our neighbourhood. With only 4 house transactions and 2 condo transactions recorded in 2026 so far, inventory is tight - which means a well-priced listing stands out.
The play for sellers is simple. Price sharp, price based on the HonestDoor Price - not the assessment - and move before the summer drift takes another bite. For buyers, College Park condos are the most affordable entry point in Port Moody right now, with a 3.82% rental yield that makes the numbers work as an investment or a first home.
Either way, the data is telling you something. The question is whether you act on it.
college park | port moody | july 2026This 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.