Glenayre, Port Moody - October 2026 Real Estate Report
Glenayre, Port Moody: Your Home Is Worth Less Than the City Thinks - And That Matters Right Now
If you have been keeping an eye on your property tax notice and assuming it reflects what your home would actually sell for today, here is a reality check. The numbers in Glenayre are telling a story that the city's assessment office has not caught up to yet - and knowing the difference could save you from a costly mistake this summer.
The Vibe: What Is Actually Happening in Our Neighbourhood
Let's break it down by property type, because houses and condos are moving in very different directions right now.
Houses in Glenayre
The average assessed value for a house here sits at $1,633,750. Sounds solid. But the average HonestDoor Price - which tracks real-world market movement, not a once-a-year government snapshot - is $1,587,751. That is a gap of about $46,000, and the HonestDoor Price has dipped 2.43% from the previous period. The market is taking a breather.
- Average assessed value: $1,633,750
- Average HonestDoor Price: $1,587,751 (down 2.43%)
- Average sale price: $1,527,500
- Price per square foot: $1,142
- Predicted market value: $1,627,326
- 3-month moving average: $1,632,447 (values are drifting down)
- Estimated monthly rent: $5,868
- Rental yield: 3.90%
- Recent value change: -1.06%
- Growth rank: 12 out of 16 neighbourhoods in Port Moody
- Price rank: 7 out of 13 neighbourhoods in Port Moody
One house sold in the most recent period. That is a thin market. When volume is low, every sale carries more weight - and right now, those sales are coming in below the assessed value. On the neighbourhood leaderboard, we are sitting 12th out of 16 for growth. That is below average, and it is worth knowing before you price your home based on last year's numbers.
Condos in Glenayre
Condos tell a different story - but not necessarily a better one. The HonestDoor Price for condos is $479,600, which is actually up 0.93% from the previous period. A small green shoot. But dig a little deeper and the predicted market value is $475,200, which is sliding below the 3-month moving average of $491,200. That gap is a signal worth watching.
- Average HonestDoor Price: $479,600 (up 0.93%)
- Predicted market value: $475,200
- 3-month moving average: $491,200
- Estimated monthly rent: $2,430
- Rental yield: 3.89%
- Airbnb estimate: $120 per night
- Recent value change: -6.62%
- Growth rank: 13 out of 15 neighbourhoods in Port Moody
That -6.62% recent value change is the number that stands out. On the neighbourhood leaderboard, Glenayre condos rank 13th out of 15. That puts us in the bottom tier for condo growth in Port Moody right now. Compared to nearby neighbourhoods, condos in Seaview, Harbour Heights, and Burnaby Mountain are all priced higher - which means Glenayre condos are the entry point for the area, but they are not gaining ground fast.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the thing about your city assessment. It is calculated once a year using data that is already months old by the time it lands in your mailbox. In a market that has shifted - like Glenayre has - that number can be misleading in both directions.
Right now, the HonestDoor Price for houses in Glenayre is running 2.82% below the average assessed value in Port Moody. That means if you are a homeowner looking at your assessment and feeling confident about your equity position, the live market data is telling a slightly different story. The HonestDoor Price updates in real time, pulling from actual transaction data and current market signals. It is the number that reflects what a buyer would actually put on the table today - not what the city calculated last July.
With 486 properties assessed in Glenayre and only 3 transactions recorded in 2026 so far, the assessment pool is large but the live sales data is thin. That makes the HonestDoor Price even more valuable as a real-world check - it is doing the heavy lifting that sparse transaction volume makes harder to read on your own.
The So What: Thinking About Selling This Summer?
If you are weighing a summer sale, here is the straight talk.
For house owners - the window is not closed, but it is narrowing. Values are drifting down from the 3-month moving average, growth ranks 12th out of 16 in Port Moody, and the HonestDoor Price is already sitting below the assessed value. Pricing your home based on the assessment alone could mean sitting on the market longer than you want to. Come in sharp, come in informed.
For condo owners - the recent -6.62% value change is a number to take seriously. If you have been waiting for the right moment, the data suggests that moment is not getting easier. Rental yield at 3.89% means holding the property as a rental is a moderate play, not a slam dunk. If selling is on your radar, getting a current HonestDoor Price estimate now gives you a realistic baseline before you commit to a strategy.
For anyone staying put - knowing where Glenayre sits on the neighbourhood leaderboard (below average for growth, middle of the pack for price) helps you understand what is happening to your equity in real time. That is worth more than a once-a-year assessment letter.
- Glenayre average rental estimate (houses): $5,768 per month
- Glenayre Airbnb estimate (houses): $287 per night - ranked 8th in Port Moody
- Total transaction rank in Port Moody: 5th
- Assessed value rank in Port Moody: 6th
Bottom line - Glenayre is still one of the higher-priced neighbourhoods in Port Moody. But the market is not standing still, and your assessment is not keeping up. Check your HonestDoor Price before you make any moves. It is the number that actually reflects today.
glenayre | 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.