Eagle Ridge, Coquitlam - August 2026 Real Estate Report

Eagle Ridge, Coquitlam: Your Neighbour Just Asked If Now Is a Good Time to Sell

Here is the honest answer. Eagle Ridge is holding its ground on the house side, but condos are taking a breather. If you own here, the number on your tax assessment is not the number that matters right now - and we will get to that.

The Vibe: Houses vs. Condos

Houses - Quietly Holding Strong

If you have been watching the "For Sale" signs in Eagle Ridge, here is what is actually happening with houses. The market is steady. Not explosive, not falling - steady. The HonestDoor Price sits at $1,404,382, up a hair from last period. One house sold recently at an average of $1,150,000, coming in at $863 per square foot. Volume is thin, which means each sale carries real weight when it comes to pricing your home.

• HonestDoor Price: $1,404,382 (up 0.03%)
• Average Sale Price: $1,150,000
• Price Per Square Foot: $863
• Estimated Monthly Rent: $5,257
• Rental Yield: 4.21% - moderate but real income
• Airbnb Potential: $261 per night (ranked 9th in Coquitlam)
• Growth Rank: 2 out of 13 neighbourhoods in Coquitlam - that is a top-performer spot on the leaderboard

That growth rank is the number we should all be talking about. Sitting second out of 13 comparable Coquitlam neighbourhoods means Eagle Ridge houses are outpacing most of the city right now. For context, Mountain Meadows next door has an HonestDoor Price of $1,195,653 - a meaningful gap in your favour if you own a house here.

Condos - A Different Story

Condos in Eagle Ridge are in a softer patch. The HonestDoor Price has dipped 1.61% to $537,768, and the growth rank sits at 12 out of 13 - near the bottom of the Coquitlam leaderboard. Two condos sold recently at an average of $800,000, which is actually well above the predicted market value. That gap is worth paying attention to.

• HonestDoor Price: $537,768 (down 1.61%)
• Average Sale Price: $800,000
• Price Per Square Foot: $626
• Estimated Monthly Rent: $2,623
• Rental Yield: 3.76%
• Airbnb Potential: $131 per night (ranked 7th in Coquitlam)
• Growth Rank: 12 out of 13 neighbourhoods in Coquitlam
• 2 transactions recorded in 2026 so far

One thing worth noting - the city's average assessed value for condos here is $626,817, but the HonestDoor Price is 14.21% lower at $537,768. That is a significant gap, and it tells you something important about where the real market is sitting versus what the government last recorded.

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

Your BC Assessment is a snapshot from July 1st of last year. The market has moved since then - in some cases, a lot. The HonestDoor Price is updated in real time using actual sales data, so it reflects what a buyer would likely pay today, not what a government appraiser estimated months ago.

For Eagle Ridge condo owners, this is especially relevant. Your assessed value says $626,817. The HonestDoor Price says $537,768. If you are planning to sell based on the assessment number, you could be setting expectations that the current market will not support. That is a tough conversation to have after you have already told your family what you think the place is worth.

For house owners, the HonestDoor Price of $1,404,382 is actually tracking above recent sale prices, which suggests the market sees upside here even if transaction volume is low. Check your own property's HonestDoor Price at HonestDoor.com - it is the real-world check your assessment cannot give you.

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

If you own a house in Eagle Ridge and are thinking about listing this summer, the timing is not bad. A top-two growth ranking in Coquitlam is a genuine selling point. Inventory is thin, which means less competition for your listing. The rental income story - $5,257 a month estimated - also gives buyers a strong reason to act, whether they plan to live there or not.

If you own a condo, be realistic. The HonestDoor Price trend is moving down, not up. That does not mean you cannot sell - two condos did move recently at $800,000 - but pricing it right from day one matters more in a soft patch than in a hot market. Overpricing and chasing the market down is the move that costs sellers the most money.

Either way, do not walk into a listing conversation armed only with your tax assessment. Pull your HonestDoor Price first. It is the number that reflects what Eagle Ridge buyers are actually doing right now - not what they were doing last summer.

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.