Coronation Park, Port Moody - October 2026 Real Estate Report
Coronation Park, Port Moody: Your Neighbour Just Got a Reality Check on Their Home Value
If you have been watching the "For Sale" signs in Coronation Park and wondering what your place is actually worth right now - not what the city thinks it was worth last year - here is the straight story. The market here is steady, not flashy, and that is not a bad thing. Let us break it down.
The Vibe: Houses vs. Condos
We have two pretty different stories playing out on our streets right now, depending on what you own.
Houses are holding their ground. Average sale prices are sitting at $938,000 with a price per square foot around $800. Three homes sold last month, which is consistent. The predicted market value for a house here is $1,127,055 - and yes, that number is nudging slightly downward from the 3-month moving average of $1,129,421, so we are not in a rocket-ship moment. But here is the good news: our house growth rate ranks 7 out of 16 neighbourhoods in Port Moody. That puts us in the above-average tier on the neighbourhood leaderboard. We are not leading the pack, but we are not at the back either. On price, houses rank 11 out of 13, which means Coronation Park is one of the more affordable spots in the city to get into a detached home. For buyers, that is a real draw.
Condos are a busier story. Ten condos sold last month and 40 transactions happened in 2026 so far - that earns us the number 1 transaction rank in all of Port Moody for condos. We are the most active condo market in the city. Average sale prices landed at $753,571, running at about $785 per square foot, and that is actually slightly ahead of nearby Inlet Centre condos at $697,500. Condo growth ranks 5 out of 15 Port Moody neighbourhoods - solidly above average on the leaderboard. The predicted market value sits at $731,032, which is easing slightly from the 3-month average of $735,595. Values have dipped 0.70% recently, so condos are taking a small breather. Not a freefall - just a pause.
- House average sale price: $938,000 - price per sq ft around $800
- House predicted market value: $1,127,055
- House growth rank: 7 out of 16 in Port Moody (above average)
- House price rank: 11 out of 13 in Port Moody (one of the most affordable)
- Condo average sale price: $753,571 - price per sq ft around $785
- Condo predicted market value: $731,032
- Condo growth rank: 5 out of 15 in Port Moody (above average)
- Condo transaction rank: 1 out of Port Moody neighbourhoods (most active)
- House rental estimate: $4,508 per month - rental yield 4.63%
- Condo rental estimate: $3,387 per month - rental yield 3.39%
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing most homeowners do not realize. Your BC Assessment is a snapshot from July 1st of last year. It is already stale by the time it lands in your mailbox. The market does not wait for the government to catch up.
For houses in Coronation Park, the average HonestDoor Price is $1,135,692. The average assessed value is $1,088,865. That is a gap of 4.30% - meaning the real-world number is already running ahead of what the city has on file. If you are making any financial decision based on your assessment alone, you are working with old information.
For condos, the picture flips slightly. The average HonestDoor Price is $726,191, which is 2.34% below the average assessed value of $743,565. That gap matters too - it means some condo owners here could be paying property tax on a value that is higher than what the market would actually deliver today. That is worth knowing.
The HonestDoor Price updates in real time using actual sales data. It is the real-world check against a static number. Pull yours up before you make any move.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Coronation Park and are thinking about listing this summer, the honest read is this: the market is stable but not surging. Values are essentially flat and the slight downward drift in the 3-month moving average tells us buyers have some breathing room. Pricing sharp and clean will matter more than it did two years ago. The good news is that at $938,000 average sale prices, you are in one of Port Moody's more accessible price points for detached homes - that brings in more buyers, which keeps things moving.
If you own a condo, the activity level here is genuinely strong. Being the number 1 condo transaction neighbourhood in Port Moody means there is real demand. Values have softened a touch - down 0.70% recently - but 10 sales in a month is not a quiet market. If your unit is priced right, it will find a buyer. The rental yield of 3.39% and an estimated rent of $3,387 per month also gives you a solid backup plan if you decide to hold instead of sell.
Either way, the first step is checking your actual HonestDoor Price - not your assessment, not a neighbour's guess. Know your real number, then decide. That is how you avoid leaving money on the table or pricing yourself out of a sale.
Coronation Park is not the flashiest name in Port Moody real estate right now. But steady, active, and affordable beats overheated and stalled every time.
coronation park | port moody | october 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.