Heritage Woods, Port Moody - July 2026 Real Estate Report

Heritage Woods, Port Moody: Your Neighbour Just Asked If Now Is a Good Time to Sell

Here is the honest answer. The market is taking a breather, but Heritage Woods is holding its ground better than most people think. If you own here, there are some numbers you need to see before you make any moves this summer.

The Vibe: What Is Actually Happening on Our Streets

Let's break it down by property type, because houses and condos are telling two very different stories right now.

Houses - Steady, But Watch the Trend

If you have been watching the "For Sale" signs in Heritage Woods, here is what is actually happening with houses. The average sale price is sitting at $1,560,000, essentially unchanged from last month. That stability sounds reassuring, and it is - but the forward-looking numbers deserve a closer look.

• Average Sale Price: $1,560,000
• Price Per Square Foot: $798
• HonestDoor Price: $1,613,957 (down 1.57% from last period)
• Predicted Market Value: $1,639,681
• 3-Month Moving Average: $1,656,740 (values are drifting down)
• Estimated Monthly Rent: $5,895
• Rental Yield: 4.06%
• Properties Sold Recently: 2
• Neighbourhood Growth: -0.05%
• Growth Rank: 8 out of 16 neighbourhoods in Port Moody - right in the middle of the pack
• Price Rank: 7 out of 13 - below average in price for Port Moody

The 3-month moving average dropping from $1,656,740 to a predicted $1,639,681 tells us momentum is softening. We are not in freefall - but we are not climbing either. The good news? Our houses still beat Twin Creeks, where the average sold price is $1,375,000. That is a $185,000 gap in our favour.

On the rental side, $5,895 per month with a 4.06% yield is a solid return for a market like this. If you are holding and not selling, the income story here is decent.

Condos - A Split Screen You Need to See

Condos in Heritage Woods are a more complicated picture. The HonestDoor Price jumped 5.07% to $1,283,304 - that is a real positive signal. But the predicted market value of $1,221,393 is already pulling back from the 3-month moving average of $1,250,462. And the recent change of -3.90% puts condos at rank 14 out of 15 neighbourhoods in Port Moody for growth. That is bottom of the leaderboard.

• HonestDoor Price: $1,283,304 (up 5.07% from last period)
• Predicted Market Value: $1,221,393
• 3-Month Moving Average: $1,250,462 (trending down)
• Estimated Monthly Rent: $4,824
• Rental Yield: 2.51%
• Airbnb Estimate: $247 per night (ranked 2nd in Port Moody for Airbnb potential)
• Recent Value Change: -3.90%
• Growth Rank: 14 out of 15 in Port Moody - bottom performers

The Airbnb rank of 2nd in all of Port Moody is genuinely interesting. If you own a condo here and have not explored short-term rental income, that ranking suggests real upside. The long-term rental yield of 2.51% is modest, but the Airbnb angle could change the math for some owners.

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

Here is something most Heritage Woods homeowners do not realize. The city's assessed value for houses here is $1,619,269. The HonestDoor Price is $1,613,957. That is only a $5,312 difference - less than 0.33%. On the surface, they look almost identical.

But that is exactly the point. The assessed value is a snapshot frozen in time. It does not know that the 3-month moving average for houses just dropped from $1,656,740 to $1,639,681. It does not know that neighbourhood growth is sitting at -0.05%. The HonestDoor Price updates in real time, pulling in actual transaction data and current market signals.

For condos, the gap is even more telling. The HonestDoor Price of $1,283,304 reflects a 5.07% recent jump - something a static government assessment simply cannot capture until next year. If you are a condo owner, your tax bill might not reflect what your unit is actually worth today.

Think of the HonestDoor Price as the real-world check. The assessment tells you what bureaucrats thought your home was worth months ago. The HonestDoor Price tells you what the market thinks right now.

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

If you are a house owner in Heritage Woods and considering selling this summer, the window is open but it is not getting wider. Here is the straight talk.

• The predicted value of $1,639,681 is still above the recent average sale price of $1,560,000 - meaning there is room to price well if you position correctly.
• Only 2 houses sold recently and 5 transactions happened in all of 2026. Low volume means less competition from other sellers, but also fewer buyers actively in the market.
• With 933 properties assessed in the neighbourhood, Heritage Woods is a well-established area. Buyers know it. That name recognition helps.
• Compared to Heritage Mountain at $1,735,663 and Noons Creek at $1,905,800, we are the more accessible entry point into this pocket of Port Moody. That is a selling point.

For condo owners, the picture calls for more caution. A growth rank of 14 out of 15 and a -3.90% recent value change means the market is not rewarding patience right now. If you have been sitting on the fence, the data suggests moving sooner rather than later - before that 5.07% HonestDoor Price bump gets erased by the downward trend in predicted values.

Bottom line - Heritage Woods is not a neighbourhood in trouble. It is a neighbourhood catching its breath. The smartest move right now is knowing exactly where you stand before you decide anything. That starts with your HonestDoor Price.

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.