College Park, Port Moody - September 2026 Real Estate Report

College Park, Port Moody: Your Neighbour Just Got a Reality Check on Their Home Value

If you have been assuming your home is worth what BC Assessment says, it is time to have a closer look. The numbers coming out of College Park right now tell a more nuanced story - and knowing the difference could save you from mispricing your biggest asset.

The Vibe: What Is Actually Happening in Our Neighbourhood

College Park is a steady, established pocket of Port Moody. We are not seeing a frenzy, and we are not seeing a freefall. What we are seeing is a market that is taking a breather and asking buyers to pay attention to real data instead of hype.

Houses: Solid Prices, But Watch the Trend

• Average Assessed Value: $1,230,783
• Average HonestDoor Price: $1,173,068 - that is 4.69% below the city assessment
• Recent sale average: $1,710,000 at roughly $1,152 per square foot
• Predicted market value right now: $1,162,144
• 3-month moving average: $1,183,621 - values are drifting down slightly
• Estimated monthly rent: $4,598 with a rental yield of 4.58%
• Neighbourhood growth: down 0.02% year over year
• Growth rank: 14 out of 16 neighbourhoods in Port Moody
• Price rank: 4 out of 13 - we are still above average in price
• Transactions in 2026: 5 sales across 706 assessed properties

Here is the honest read on houses. Our average sale price looks strong at $1,710,000, but the predicted value is sitting closer to $1,162,144 and it is trending down from the 3-month average. That gap between the one-off sale price and the broader predicted value tells us the market is thin right now - only 1 house sold last month. A single sale can skew the average hard. Do not let that headline number give you false confidence if you are planning to list.

On the neighbourhood leaderboard, houses in College Park rank 14th out of 16 for growth in Port Moody. That is a bottom-tier growth position. Compare us to nearby Pleasantside at $1,813,534 or Moody Centre at $1,557,570 - both are priced higher and also growing slower, so we are not alone in this cooling trend. But it is worth knowing where we stand.

Condos: A Brighter Spot in the Mix

• Average Assessed Value: $498,465
• Average HonestDoor Price: $467,840 - that is 6.14% below the city assessment
• Recent sale average: $311,234 at roughly $494 per square foot
• Predicted market value right now: $515,745
• 3-month moving average: $510,368 - values are actually creeping up
• Estimated monthly rent: $2,570 with a rental yield of 3.81%
• Neighbourhood growth: up 1.83% recently
• Growth rank: 4 out of 15 neighbourhoods in Port Moody
• Price rank: 8 out of 8 - the most affordable condo option in Port Moody
• Transactions in 2026: 2 sales across 150 assessed properties

Condos in College Park are a different story. The predicted value is rising, sitting above the 3-month moving average, and our growth rank of 4th out of 15 puts us solidly above average in Port Moody. If you own a condo here, the momentum is quietly working in your favour. We are also the most affordable condo neighbourhood in the city, which means buyers looking for a Port Moody entry point are going to keep landing here.

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

BC Assessment values are a snapshot frozen in time - typically reflecting market conditions from July of the previous year. A lot has moved since then. The HonestDoor Price is a live, real-world check that updates with actual market signals. Right now, that check is telling College Park house owners their home is worth roughly $57,000 less than the assessed value, and condo owners are looking at a $30,000 gap in the same direction.

That is not bad news. That is useful news. If you are a house owner, it means pricing your listing based on the assessment alone could leave it sitting on the market. If you are a condo owner, the HonestDoor Price is actually climbing past the assessed value in predicted terms - which is a signal worth paying attention to before the next official assessment catches up.

Think of the HonestDoor Price as what a well-informed buyer is actually willing to pay today - not what a government formula calculated 12 months ago.

The So What - Thinking About Selling This Summer?

For house sellers, the window is real but it requires sharp pricing. With only 5 transactions in 2026 and a growth rank near the bottom of the Port Moody leaderboard, buyers have options and they know it. Price at or just below the HonestDoor Price of $1,173,068 to generate genuine interest. Chasing the assessed value of $1,230,783 is likely to cost you time, and time costs money in a slow-volume market.

For condo sellers, the setup is more encouraging. Values are trending up, the growth rank is strong at 4th in the city, and being the most affordable option in Port Moody means you have a built-in buyer pool. Summer could be a good time to move if you are ready.

Either way, the smartest first step is checking your personal HonestDoor Price before you call an agent or set a number. It is free, it is current, and it is the closest thing to what a buyer is actually going to offer you on the day you list.

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.