Hammond, Maple Ridge - October 2026 Real Estate Report
Hammond, Maple Ridge: Your Home Is Worth More Than the City Thinks
If you have been watching the "For Sale" signs on your street and wondering what is actually going on with prices in Hammond, here is the straight story. The market is not on fire, but it is holding up better than a lot of people realize - and the city's assessment number on your property tax bill is almost certainly selling you short.
The Vibe: Houses vs. Condos in Hammond
We are seeing two pretty different stories play out right now depending on what you own.
Houses are the stronger story. The average sale price is sitting at $1,080,000, and price per square foot is around $592. Only 1 house traded hands recently, so we are working with a thin market - but the predicted market value of $1,056,933 is actually climbing above the 3-month moving average of $1,047,856. That upward tick matters. It means the momentum is pointing in the right direction for sellers. On the leaderboard, Hammond houses rank 6 out of 23 neighbourhoods in Maple Ridge for growth - that puts us in the above-average tier, which is a solid place to be.
Condos are a different picture. The average sale price is $380,000 at roughly $534 per square foot, but the predicted market value of $466,246 is drifting downward from the 3-month moving average of $473,074. The HonestDoor Price for condos has dipped 1.25% recently, and the growth rank sits at 13 out of 18 - below average for Maple Ridge. The silver lining? Hammond condos rank 3 out of 3 for affordability in Maple Ridge, meaning we are the most accessible entry point in the area. For buyers, that is actually a selling point when you list.
- House average sale price: $1,080,000
- House price per sq ft: $592
- House predicted market value: $1,056,933 (trending up)
- House rental yield: 4.64% - moderate but real income
- House growth rank: 6 out of 23 in Maple Ridge (above average)
- Condo average sale price: $380,000
- Condo price per sq ft: $534
- Condo predicted market value: $466,246 (trending down slightly)
- Condo rental yield: 3.90%
- Condo growth rank: 13 out of 18 in Maple Ridge (below average)
- Condo price rank: 3 out of 3 - most affordable in Maple Ridge
The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters
Here is the thing about your BC Assessment notice. It is a snapshot frozen in time - usually reflecting market conditions from the previous summer. A lot changes in a year. The HonestDoor Price updates in real time, pulling from actual sales data as it happens. For Hammond houses, the average assessed value is $1,025,340. The average HonestDoor Price is $1,066,015. That is a gap of nearly $41,000 - or about 3.97% more than what the government says your home is worth. If you are using your assessment to price a listing or negotiate a sale, you are leaving money on the table before the conversation even starts.
For condos, the HonestDoor Price of $460,966 tells a more nuanced story than a static assessment ever could - especially with values shifting month to month right now. Knowing the direction of travel, not just a single number, is what gives you an edge.
- Average assessed value (houses): $1,025,340
- Average HonestDoor Price (houses): $1,066,015 - up 0.86% from last period
- HonestDoor Price is 3.97% above the city assessment
- Average HonestDoor Price (condos): $460,966 - down 1.13% from last period
- 1,883 properties assessed in Hammond this year
The "So What?" - Thinking About Selling This Summer?
If you own a house in Hammond and you are thinking about listing this summer, the timing is not bad. Values are nudging upward, your growth rank puts us ahead of most Maple Ridge neighbourhoods, and the HonestDoor Price gives you a realistic anchor that is nearly $41,000 higher than the city's number. A rental estimate of $4,363 per month also gives you a credible backup story for buyers who are on the fence - this home pencils out as an investment too.
For condo owners, be honest with yourself about the current drift. Values are softening slightly, and nearby West Maple Ridge condos are pricing higher at $549,801. That does not mean you should panic-sell - but it does mean pricing sharp and marketing the affordability angle hard. Hammond condos are the most affordable in Maple Ridge. That is a real draw for first-time buyers and investors watching their budget.
One more number worth knowing: there were only 13 total property transactions in Hammond in 2026. Low volume cuts both ways - fewer comps for buyers to push back on your price, but also less urgency in the air. The sellers who win in a thin market are the ones who come in priced right from day one, not the ones who test high and chase the market down.
- Total transactions in Hammond (2026): 13
- Transaction rank in Maple Ridge: 6 - one of the more active neighbourhoods
- House rental estimate: $4,363 per month
- House Airbnb estimate: $217 per night (Airbnb rank 22 in Maple Ridge)
- Condo rental estimate: $2,349 per month
- Condo Airbnb estimate: $117 per night (Airbnb rank 16 in Maple Ridge)
- Neighbourhood growth: -0.03% year over year - essentially flat, not falling
Bottom line - Hammond is holding its ground. Houses are the stronger play right now. Condos need a sharp price and a clear pitch. And whatever you do, check your HonestDoor Price before you have a single conversation with a buyer. The city's assessment is not your friend at the negotiating table.
hammond | maple ridge | 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.