Hockaday-Nestor, Coquitlam - October 2026 Real Estate Report
Hockaday-Nestor, Coquitlam: Prices Are Holding, But the Market Is Sending Signals
The Vibe Right Now
If you've been watching the "For Sale" signs in Hockaday-Nestor lately, here's what's actually happening. The market isn't crashing. It's not on fire either. It's taking a breather - and depending on whether you own a house or a condo, that breather looks a little different for your wallet.
Houses: Still High-Value, But Softening
Let's talk houses first. The average sale price sits at $1,340,000, with price per square foot around $827. That's real money. But the HonestDoor Price for houses is currently $1,284,607 - and it's trending down from the 3-month moving average of $1,299,352. Values have shifted -1.54% recently, which puts us at rank 10 out of 13 neighbourhoods in Coquitlam for growth. That's below average on the neighbourhood leaderboard, and we should be honest about it.
- Average sale price: $1,340,000
- Price per square foot: $827
- HonestDoor Price: $1,284,607
- 3-month moving average: $1,299,352
- Recent value change: -1.54%
- Estimated monthly rent: $4,961
- Rental yield: 4.30%
- Growth rank in Coquitlam: 10 out of 13
- Price rank in Coquitlam: 9 out of 12
Only 1 house sold recently, essentially unchanged from the month before. Low transaction volume means each sale carries more weight in setting the tone for what buyers expect to pay. If you're a house owner in Hockaday-Nestor, the rental picture is a silver lining - $4,961 a month in estimated rent is solid, and a 4.30% yield is a reasonable return in this market.
Condos: Pricier Than You'd Think, But Also Softening
Here's something worth knowing about our condo market. The HonestDoor Price for condos is $741,738 - and that's actually 1.97% higher than the Coquitlam average assessed value. We rank 1st in Coquitlam for average assessed condo value. That's a top-of-the-leaderboard stat. But the HonestDoor Price has dropped 3.00% from the previous period, and the predicted value of $764,659 is sliding down from a 3-month moving average of $768,678.
- Average sale price: $697,667
- Price per square foot: $739
- HonestDoor Price: $741,738
- 3-month moving average: $768,678
- Recent value change: -0.84%
- Estimated monthly rent: $3,412
- Rental yield: 3.45%
- Growth rank in Coquitlam: 9 out of 13
- Price rank in Coquitlam: 3 out of 9
- 23 condo transactions in 2026
Three condos sold recently, and with 23 transactions already logged in 2026, our condo market is clearly more active than houses. Compared to nearby Oxford Heights where condos are predicted at $619,321, Hockaday-Nestor condos are holding a meaningful premium. That gap matters if you're thinking about selling.
The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment
Here's the thing about your BC Assessment notice. It reflects a snapshot from July 1st of the previous year. The market has moved since then - and right now, it's moved down. For houses, the average assessed value is $1,304,054, but the HonestDoor Price is $1,282,280. That's a gap of about $21,000. For condos, the story flips slightly - the HonestDoor Price of $741,738 sits above the average assessed value of $727,376.
Why does this matter? Because if you're pricing a home to sell, or negotiating a purchase, using a stale government number is like navigating with last year's map. The HonestDoor Price pulls from real-time transaction data and current market signals. It's the real-world check that tells you where things actually stand today - not where they were 12 months ago.
With 1,871 houses and 1,359 condos assessed in Hockaday-Nestor this year, there's a lot of property value at stake. A small percentage gap between your assessed value and your actual market value can mean tens of thousands of dollars in your pocket - or out of it.
The "So What?" - Thinking About Selling This Summer?
If you're a house owner considering listing this summer, the honest answer is: don't wait for the market to recover on its own. Values are drifting down, not up. The window where buyers were willing to pay above assessed value is narrowing. Pricing sharp and moving fast is the play right now - not holding out for a number that the data doesn't currently support.
For condo owners, the picture is a bit more encouraging. We're still ranked 3rd in Coquitlam for condo prices, and the premium over Oxford Heights is real. But that 3.00% drop in the HonestDoor Price is a signal to pay attention to. Summer inventory typically rises, which means more competition on the street.
Either way, the smartest first move is checking your HonestDoor Price before you call an agent or set a number in your head. Know what the market is actually saying about your home today - not what the city said about it last July.
hockaday-nestor | coquitlam | 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.