Harbour Heights, Port Moody - October 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 property assessment 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 one every homeowner on the block should hear before making a move.
The Vibe: What Is Actually Happening Here
Let us be straight with each other. Harbour Heights is a high-value neighbourhood - no question. But the market is taking a breather, and the data backs that up. Here is the split between houses and condos so we can see exactly where we stand.
Houses: Solid Ground, But Softening
If you watched a "For Sale" sign go up on your street recently, here is what is actually happening with houses in Harbour Heights right now.
- Average HonestDoor Price: $1,539,698
- Average Assessed Value: $1,719,961
- HonestDoor Price is 10.48% BELOW the city assessment
- HonestDoor Price change: down 2.89% from the previous period
- Recent sale price average: $938,500
- Price per square foot: $490
- Predicted market value: $1,585,574 - down from the 3-month average of $1,605,762
- Estimated monthly rent: $5,731 with a rental yield of 4.06%
- Properties assessed this year: 206
- Transactions in 2026: 1
- Neighbourhood growth rank: 14 out of 16 in Port Moody
- Price rank: 10 out of 13 in Port Moody
That growth rank is the number to sit with. On the Port Moody neighbourhood leaderboard, Harbour Heights houses are sitting near the bottom - 14th out of 16 neighbourhoods tracked. Values have shifted by -1.72% recently, and the trend line is pointing down, not up. This does not mean panic. It means eyes open.
Condos: A Flicker of Life, But Watch the Sale Prices
Condos in Harbour Heights are showing one green shoot - the HonestDoor Price is actually up 1.52% from the previous period. That is worth noting. But one data point does not make a trend, and the recent sale price tells a more cautious story.
- Average HonestDoor Price: $637,633
- HonestDoor Price change: up 1.52% from the previous period
- Recent sale price average: $525,000 - down 14.6% from last month
- Price per square foot: $568
- Predicted market value: $628,055 - down from the 3-month average of $635,549
- Estimated monthly rent: $3,044 with a rental yield of 3.59%
- Average nightly Airbnb estimate: $153
- Transactions in 2026: 1
- Growth rank: 10 out of 15 in Port Moody
- Price rank: 6 out of 8 in Port Moody
On the neighbourhood leaderboard, condos here sit below average on both growth and price. The predicted value of $628,055 does beat nearby College Park at $505,543, so we are not at the bottom of the pile. But a 14.6% drop in average sale price month-over-month is a number that deserves attention, not dismissal.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the thing about your BC Assessment notice. It is a snapshot from July 1st of the previous year. It does not know what happened in the market last month, last week, or yesterday. It is essentially a photo of a car that has since changed lanes.
The HonestDoor Price updates in real time using actual transaction data, market shifts, and comparable sales. Right now, that number is sitting $180,263 BELOW the average assessed value for houses in Harbour Heights. That gap - 10.48% - is not a rounding error. It is the difference between what the government thinks your home is worth and what a buyer would actually write a cheque for today.
If you are making any financial decision - refinancing, selling, buying out a partner, or just benchmarking your net worth - use the HonestDoor Price as your real-world check. The assessment is a starting point for your tax bill. The HonestDoor Price is closer to what is actually happening on the street.
The So What - Should You Sell This Summer?
Thinking about listing this summer? Here is the honest read.
For house sellers, the window is not closed, but it is narrowing. Values are drifting down, transaction volume is thin, and Harbour Heights is near the bottom of the Port Moody growth leaderboard right now. If you need to sell, price sharp and price to the HonestDoor number - not the assessment. Buyers have access to the same data we do, and they will not overpay based on a government number that is already out of date.
For condo sellers, the 1.52% uptick in HonestDoor Price is a small positive signal. But the recent sale price drop of 14.6% suggests buyers are negotiating hard. If your unit is well-positioned and priced realistically around that $628,055 predicted value range, there is a deal to be made. Just do not anchor to the assessment and leave yourself exposed in negotiations.
Bottom line - Harbour Heights is still one of Port Moody's higher-value neighbourhoods. The assessed value rank of 4th in the city for houses confirms that. But right now, the market is not matching the city's paperwork. Know your real number before you make your next move.
harbour heights | 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.