If you have been glancing at your latest property assessment and feeling pretty good about yourself, hold on. The real-world numbers tell a slightly different story - and knowing the gap could save you from making a costly mistake this summer.
Our neighbourhood is in a holding pattern. Growth is sitting at 0.00% year over year, and that is not a typo. Things are not falling off a cliff, but they are not climbing either. The market is taking a breather. Here is how houses and condos are each playing out:
We are sitting in the top half of Port Moody for growth momentum, which is genuinely decent news. But the price rank tells us something important - houses here are priced more accessibly than most of Port Moody. That is a real selling point for buyers who have been priced out elsewhere. For us as owners, it means demand should hold up reasonably well even if the broader market softens.
Condo values dipped 2.31% recently, but the predicted value of $642,886 is actually creeping upward against the 3-month trend. That is a small but encouraging signal. We also beat out nearby College Park condos, which are sitting at $515,745 in predicted value. So while the short-term dip stings a little, the direction of travel is still pointing up.
Here is the thing about your city assessment. It is a snapshot from months ago, calculated using a formula that does not know what happened on your street last Tuesday. The average assessed value in Harbour Heights sits at $1,719,961 for houses. The average HonestDoor Price is $1,585,574. That is a gap of 7.81% - and that gap is money.
If you are pricing a home based on your assessment, you could be walking into negotiations with the wrong number in your head. The HonestDoor Price pulls from real-time market signals - actual sales, current demand, what buyers are genuinely paying right now. It is the real-world check your assessment cannot give you. With 206 properties assessed in the neighbourhood this year, there is plenty of data to work with. Use it.
Straight answer: it depends on your timeline, but the window is not closed.
Here is what is working in your favour. On the neighbourhood leaderboard, Harbour Heights ranks 6th out of 16 for house growth in Port Moody. That puts us ahead of more than half the competition. Nearby neighbourhoods like Glenayre, College Park, and Seaview are all showing slower or flat growth. We are not leading the pack, but we are not at the back either.
What is working against you is simple - values have nudged down recently, and transaction volume is thin. Only 1 house sold in the tracked period. A slow market means fewer competing offers, which means less leverage for sellers.
If you need to sell this summer, price sharp. The HonestDoor Price of $1,585,574 is your anchor, not the assessed value of $1,719,961. Buyers have access to the same data we do. Overpricing by even 5% in a quiet market means your listing sits, and a listing that sits gets stigmatized fast.
If you can wait, the predicted value trend is inching upward. That is not a guarantee, but it is a reason to stay patient if you have the luxury of time.
Bottom line - know your real number before you do anything. Check your HonestDoor Price at HonestDoor.com. It is free, it is current, and it is the number that actually matters.
harbour heights | port moody | september 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.