Harbour Heights, Port Moody - July 2026 Real Estate Report

Harbour Heights, Port Moody: Your Home Is Worth Less Than the City Thinks

If you have been glancing at your latest BC Assessment notice and feeling pretty good about yourself, hold on. The real-world numbers in Harbour Heights are telling a different story right now - and it is worth paying attention before you make any moves this summer.

The Vibe: What Is Actually Happening on Our Streets

Let us break it down by property type, because houses and condos are not moving the same way here.

Houses

The city has our houses pegged at an average assessed value of $1,719,961. But the HonestDoor Price - which tracks real-time market activity instead of sitting frozen from a January snapshot - puts the average at $1,618,414. That is a gap of nearly $100,000. The assessed value is running about 5.90% hotter than what buyers are actually paying.

• Average HonestDoor Price: $1,618,414 (up 1.81% from last period)
• Predicted market value right now: $1,589,630
• 3-month moving average: $1,632,784 - and we are trending below it
• Recent price change: -2.90%
• Average sale price: $938,500
• Price per square foot: $490
• Estimated monthly rent: $5,744 with a rental yield of 4.04%
• Airbnb income potential: roughly $285 per month
• Properties sold in 2026: 1

On the neighbourhood leaderboard, our houses rank 13 out of 16 for growth in Port Moody. That puts us near the bottom of the pack. Price rank sits at 11 out of 13 - meaning we are among the more affordable options in the city, which is not a bad thing if you are buying, but it is something to factor in if you are selling.

Volume is thin. One transaction so far in 2026 across 206 assessed properties. Low sales volume means less price discovery, which makes the HonestDoor Price even more valuable as a real-time read on where things stand.

Condos

Condos here are taking a bit of a breather. The average HonestDoor Price has dipped 1.14% to $635,705. The predicted market value sits at $643,036, but that is slipping below the 3-month moving average of $651,371. Values are down about 2.02% recently, and on the growth leaderboard we rank 12 out of 15 neighbourhoods - below average for Port Moody.

• Average HonestDoor Price: $635,705 (down 1.14%)
• Predicted market value: $643,036
• 3-month moving average: $651,371
• Recent price change: -2.02%
• Average sale price: $615,000
• Price per square foot: $476
• Estimated monthly rent: $3,100 with a rental yield of 3.56%
• Airbnb income potential: roughly $154 per month
• Properties sold: 1

Compared to nearby neighbourhoods, our condos are priced above Glenayre ($489,500) and College Park ($467,840). We are the pricier option on the block, but the growth numbers are not backing that premium up right now.

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

Here is the thing about BC Assessments - they are a snapshot of market value from July 1 of the previous year. By the time that notice hits your mailbox, the data is already six to twelve months old. In a market that has shifted, that lag can cost you real money.

For houses in Harbour Heights, the assessed value of $1,719,961 is running 5.90% above what the HonestDoor Price says buyers will actually pay today. If you price your home based on the assessment alone, you could be sitting on the market longer than you want - especially with only one transaction recorded so far this year.

The HonestDoor Price pulls from current sales data, market trends, and real-time signals. It is the number that reflects what a buyer would write on an offer today - not what the city estimated last summer. Check yours at HonestDoor before you do anything else.

The So What: Thinking About Selling This Summer?

Straight talk - this is not the hottest seller's market Harbour Heights has ever seen. Values are drifting down from their 3-month averages on both houses and condos. Growth ranks near the bottom of Port Moody's neighbourhood leaderboard. And transaction volume is very low, which means pricing right the first time matters more than ever.

That said, there are reasons to feel steady. The HonestDoor Price for houses is still up 1.81% from last period. Rental demand is solid - $5,744 per month estimated for houses and $3,100 for condos. And with a house price rank of 11 out of 13 in Port Moody, buyers looking for relative value in the city are going to find us on their radar.

If you are selling this summer, do not anchor your expectations to the assessed value. Price to the HonestDoor Price, move fast, and do not wait for the market to come back to you. If you are holding and renting, the 4.04% yield on houses is a reasonable return in this environment.

Bottom line - Harbour Heights is a solid neighbourhood in a market that is catching its breath. Know your real number, price it right, and you will be in good shape.

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.