If you've been watching the "For Sale" signs in Mayfair-Pacific Reach lately, here's what's actually happening. The market is taking a breather. Both houses and condos have dipped in their average HonestDoor Prices over the past period, but the forward-looking numbers tell a more interesting story. Let's break it down.
The average HonestDoor Price for a house in our neighbourhood sits at $654,562 - down 2.77% from the previous period. That stings a little. But here's the thing: the predicted market value is already climbing back toward $673,200, which is up from the 3-month moving average of $671,499. The market is wobbling, not falling off a cliff.
That growth rank is the honest part we have to talk about. Sitting 12th out of 13 on the Coquitlam neighbourhood leaderboard for growth means we are not leading the pack right now. But a 5.35% rental yield? That is genuinely strong. If you own a house here and you are renting it out, or thinking about it, the income story is solid even if the appreciation story is slower.
One more thing worth noting: nearby neighbourhoods like Cape Horn ($1,495,255), Port Mann ($1,372,945), and River Heights ($1,628,657) are priced significantly higher. That gap is not a bad thing for us - it means Mayfair-Pacific Reach still has room to grow relative to its neighbours.
Condos here are a different story, and honestly a more encouraging one. The average HonestDoor Price is $469,403, down 2.53% from last period. But the predicted market value jumps to $556,075 - above the 3-month moving average of $553,895 and up 2.74% recently. That gap between the current average and the predicted value is worth paying attention to.
A 4th place ranking on the Coquitlam neighbourhood leaderboard puts condos here in above-average territory. That is a real bright spot. If you own a condo in Mayfair-Pacific Reach, the growth momentum is better than most of the city right now.
Here is the thing about your BC Assessment notice. It is a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it is already months out of date. The market does not wait for government paperwork.
The HonestDoor Price is updated in real time using actual sales data, market trends, and current conditions. Right now, for houses in Mayfair-Pacific Reach, the predicted value of $673,200 is already moving above the recent average. If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check you need, not a number calculated from last summer's market.
Do not let a stale government assessment be the last word on what your home is worth. Check your HonestDoor Price today.
If you are a homeowner in Mayfair-Pacific Reach and summer selling is on your mind, here is the straight talk.
For house owners: the short-term price dip is real, but the predicted value is already recovering. The rental yield story is strong, which means buyers who are investors will find this neighbourhood attractive. You are not in the hottest growth spot on the Coquitlam leaderboard right now, but you are priced well below neighbouring areas - and that is a selling point for buyers who have been priced out of Cape Horn or River Heights.
For condo owners: your growth rank of 4th out of 13 in Coquitlam is a genuine talking point. Lead with that. The predicted value of $556,075 is climbing, and a 2.74% recent change shows momentum. If you are thinking about listing, the window while that momentum holds is worth taking seriously.
Bottom line: do not wait for the next assessment cycle to figure out where you stand. Pull your HonestDoor Price, know your number, and make a move based on what the market is doing right now - not what it was doing last July.
mayfair-pacific reach | coquitlam | july 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.