Hockaday-Nestor, Coquitlam - September 2026 Real Estate Report

Hockaday-Nestor, Coquitlam: What's Actually Happening With Home Values Right Now

If you live in Hockaday-Nestor and you haven't checked your property value lately, here's the honest truth - your city assessment and your real-world value are telling two different stories. Let's break it down.

The Vibe: Where We Stand Right Now

The market here is taking a breather. That's not panic-worthy - it's just the reality we're working with heading into summer. Neighbourhood growth dipped 0.07% year over year, and values are nudging slightly downward. But context matters, and the numbers are more nuanced than a single headline.

We saw 6 house transactions and 21 condo transactions in 2026 so far. With 1,871 houses and 1,359 condos assessed this year, that tells you this is a neighbourhood with serious depth - lots of owners, not a lot of panic-selling.

Houses: Solid Ground, But Watch the Trend

If you own a house in Hockaday-Nestor, here's what the numbers say about us right now:

• Average HonestDoor Price: $1,284,607 - down 1.54% from last period
• Average assessed value: $1,304,054
• Predicted market value: $1,304,725 - slightly below the 3-month moving average of $1,311,316
• Average sale price: $888,000 at roughly $712 per square foot
• Estimated rent: $5,015 per month with a 4.27% rental yield
• Growth rank: 6 out of 13 neighbourhoods in Coquitlam - above average
• Price rank: 11 out of 12 - one of the more affordable house markets in the city

That price rank is actually interesting. We're sitting near the affordable end for houses in Coquitlam, which means buyers looking for value in this city are going to land on Hockaday-Nestor. Oxford Heights next door is running a HonestDoor Price of $1,314,411 - about $30,000 more than us. If you're a seller, that gap is a conversation starter.

Condos: A Different Story - And a Good One

Condo owners here are sitting in a stronger position than the house numbers might suggest. Check this out:

• Average HonestDoor Price: $764,659 - down 0.84% from last period
• Average assessed value: $727,376
• HonestDoor Price is 5.13% HIGHER than the average assessed value in Coquitlam
• Predicted market value: $771,167
• Average sale price: $646,000 at roughly $717 per square foot
• Estimated rent: $3,433 per month with a 3.45% rental yield
• Airbnb rank: 5th in Coquitlam - strong short-term rental potential
• Average assessed value rank: 1st in Coquitlam
• Growth rank: 6 out of 13 - above average
• Price rank: 3 out of 9 - above average in price

That number-one assessed value rank for condos is a big deal. It means Hockaday-Nestor condos are among the most valued in the entire city by the assessment office. And our HonestDoor Price is running above that assessment - which is the opposite of what you see in a lot of neighbourhoods right now.

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

Here's the thing about your BC Assessment notice - it's a snapshot from July 1st of last year. The market has moved since then. For houses here, the HonestDoor Price is coming in at $1,284,607 - nearly $20,000 below the assessed value. That gap matters if you're making any financial decision based on what your home is "worth."

For condo owners, it flips the other way. The HonestDoor Price of $764,659 is running above the assessed value of $727,376. If you're relying on your assessment to understand your equity, you're actually underselling yourself by about $37,000.

The HonestDoor Price is updated in real time using actual market data - not a once-a-year government calculation. Think of it as the real-world check your assessment never gives you. Checking it now, before you make any move, is just smart.

The So What - Should You Sell This Summer?

If you're a house owner thinking about listing this summer, here's the straight talk. Values are dipping slightly - the 3-month moving average for houses is $1,311,316 and we're trending just below that. Waiting for a big bounce-back isn't a guaranteed play. On the other hand, we rank 6th out of 13 for growth in Coquitlam, which means we're holding up better than half the city.

If you own a condo, your position is actually pretty decent. You're in the top third for price in Coquitlam, your HonestDoor Price is outpacing your assessment, and your Airbnb rank of 5th in the city gives you options - sell, rent long-term at $3,433 a month, or explore short-term. That's flexibility most neighbourhoods don't offer.

Either way - house or condo - the first move is knowing your real number. Pull your HonestDoor Price before you call an agent, set a list price, or make any decision. The assessment on your last tax notice is already old news.

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.