Harbour Heights, Port Moody - August 2026 Real Estate Report

Harbour Heights, Port Moody: Your Home Is Worth Less Than the City Thinks - And That Actually Matters

If you have been watching the "For Sale" signs in Harbour Heights lately, here is what is actually happening. The city has your home assessed at an average of $1,719,961. But the real-world number - the one buyers are actually using - is closer to $1,613,297. That is a $106,664 gap, and it is not in your favour if you are pricing based on your tax notice.

The Vibe: Houses vs. Condos

We are seeing two pretty different stories play out right now depending on what you own in Harbour Heights.

Houses

• Average HonestDoor Price: $1,613,297 - down 0.32% from last period
• Predicted market value: $1,618,414 - nudging up from the 3-month average of $1,615,061
• Average sale price: $938,500
• Price per square foot: $490
• Estimated rent: $5,820 per month
• Rental yield: 4.03%
• Recent value change: up 1.81%
• Growth rank: 1 out of 16 neighbourhoods in Port Moody

Houses here are quietly punching above their weight. That number 1 growth rank out of 16 Port Moody neighbourhoods is the stat worth paying attention to. Values dipped slightly on the HonestDoor Price, but the predicted market value is actually trending upward right now. For us as homeowners, that is a signal the market has not gone cold - it is just catching its breath. The price rank of 12 out of 13 also tells us we are one of the more accessible entry points for buyers in Port Moody, which keeps demand steady.

Condos

• Average HonestDoor Price: $642,886 - up 1.13% from last period
• Predicted market value: $635,705 - dipping below the 3-month average of $645,005
• Average sale price: $615,000
• Price per square foot: $476
• Estimated rent: $3,075 per month
• Rental yield: 3.57%
• Recent value change: down 1.14%
• Growth rank: 10 out of 15 neighbourhoods in Port Moody

Condos are taking a breather. The HonestDoor Price ticked up 1.13%, which is a positive sign, but the predicted market value is sliding below its 3-month average. That growth rank of 10 out of 15 puts our condo market in below-average territory compared to the rest of Port Moody right now. Not a crisis - but not a sprint either. If you own a condo here, this is a moment to watch closely, not ignore.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the honest truth about government assessments. They are a snapshot from the past - typically based on data that is already months old by the time it lands in your mailbox. The city says the average Harbour Heights home is worth $1,719,961. The HonestDoor Price says $1,613,297. That is a 6.20% difference.

Why does that gap matter? Because if you list your home based on an inflated assessment, you risk sitting on the market while buyers - who are doing their own research - walk right past you. The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals. It is the number a serious buyer is going to reference. You should be referencing it too.

For houses, the predicted value of $1,618,414 is actually creeping up from its 3-month average - a small but meaningful signal that momentum is on your side. For condos, the predicted value is drifting down slightly. Knowing which direction your specific property is moving right now is exactly the kind of edge that separates a smart sale from a frustrating one.

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

If you own a house in Harbour Heights and you are thinking about listing this summer, the timing has some real upside. Here is why.

• Growth rank of 1 out of 16 means buyers looking at Port Moody are seeing Harbour Heights as a top performer
• Values are trending upward on the 3-month curve - that is the direction you want before you list
• Rental income potential of $5,820 per month gives investors a compelling reason to look here
• Nearby neighbourhoods like Glenayre ($1,644,838) and Seaview ($1,369,339) give buyers context - and we sit competitively in that range

If you own a condo, the picture is a bit more nuanced. The market is not falling off a cliff, but with values down 1.14% recently and a growth rank of 10 out of 15, you are not in the strongest seller position right now. That does not mean do not sell - it means price it sharp, use the HonestDoor Price as your anchor, and do not let an outdated assessment talk you into overpricing it.

Bottom line - Harbour Heights is one of Port Moody's better-kept secrets on the house side. If you are sitting on a detached home here, summer 2025 is worth a serious conversation. Check your HonestDoor Price first. It is the real-world number that buyers are already looking at.

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.