Coronation Park, Vancouver - September 2026 Real Estate Report

Coronation Park, Port Moody: Prices Are Holding, But the Cracks Are Starting to Show

The Vibe Right Now

If you've been watching the "For Sale" signs in Coronation Park lately, here's the honest read: the market isn't falling off a cliff, but it's not climbing either. Sales activity is steady - houses and condos both came in essentially unchanged from last month - but the underlying numbers tell a more cautious story. We're in a "wait and see" moment, and if you're thinking about making a move, timing actually matters here.

Houses - Stable on the Surface, Softer Underneath

Three houses sold last month at an average of $938,000, or roughly $800 per square foot. That's a bit above what buyers are paying over in Inlet Centre ($795,000), so we're holding a small premium. Good news, right? Sort of.

The HonestDoor predicted market value for houses sits at $1,121,687 - but that number is sliding. It's down from a 3-month average of $1,144,606, and recent property values have dipped 1.57%. On the neighbourhood leaderboard, Coronation Park houses rank 15 out of 16 for growth in Port Moody. That's near the bottom. We're also ranked 11 out of 13 for price, which puts us on the more affordable end of the Port Moody spectrum.

• Average sale price: $938,000
• Price per square foot: $800
• HonestDoor predicted value: $1,121,687
• 3-month moving average: $1,144,606
• Recent value change: -1.57%
• Growth rank: 15 out of 16 in Port Moody
• Estimated rent: $4,494 per month
• Rental yield: 4.64%

Condos - More Activity, But Values Are Easing Too

Condos are the busier side of our market right now. Seven units sold last month at an average of $809,286, or $843 per square foot - slightly ahead of Inlet Centre's $795,000 average. More transactions is a good sign for liquidity, but the HonestDoor predicted value of $736,198 is actually running below those sale prices, and it's been drifting down from a 3-month average of $741,614.

On the leaderboard, condo growth ranks 12 out of 15 in Port Moody - below average. The one bright spot: our price rank is 3 out of 8, meaning we're actually above average in price compared to other Port Moody condo neighbourhoods. That's a real selling point if you're listing.

• Average sale price: $809,286
• Price per square foot: $843
• HonestDoor predicted value: $736,198
• 3-month moving average: $741,614
• Recent value change: -0.45%
• Growth rank: 12 out of 15 in Port Moody
• Estimated rent: $3,405 per month
• Rental yield: 3.38%

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

Here's the thing about your BC Assessment notice: it's a snapshot from July 1st of last year. A lot has changed since then. The HonestDoor Price updates in real time, pulling in actual sales data from our neighbourhood and adjusting as the market moves. Right now, with values trending down 1.57% on houses and 0.45% on condos, your government assessment could be showing a number that's higher than what a buyer would actually pay today.

That gap matters. If you're pricing a listing based on an old assessment, you risk sitting on the market too long. If you're a buyer using that same number to gauge value, you could overpay. The HonestDoor Price is the real-world check - use it.

For condo owners specifically, the HonestDoor predicted value of $736,198 is running below recent sale prices of $809,286. That's an interesting gap worth watching. It could mean recent sales were strong outliers, or it could mean the market is adjusting back toward that predicted number. Either way, you want to know which direction things are heading before you list.

The "So What?" - Thinking About Selling This Summer?

Straight talk: Coronation Park is taking a breather. Values are easing, growth ranks are near the bottom of the Port Moody leaderboard, and the 3-month trend is pointing down for both houses and condos. That doesn't mean it's a bad time to sell - it means you need to be sharp about it.

If you're a house owner, you're sitting on a real asset. The $938,000 average sale price still beats Inlet Centre, and a 4.64% rental yield gives you options if you're not in a rush. But the window where you can price aggressively and expect multiple offers? That window is smaller than it was six months ago.

If you own a condo, the above-average price rank (3 out of 8 in Port Moody) is your story to tell. Lean into that. Buyers looking for value in Port Moody are comparing us to cheaper options - make sure your listing makes the case for why Coronation Park is worth the premium.

Bottom line: get your HonestDoor Price before you call your agent. Know your real number. Then decide.

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.