If you've been watching the "For Sale" signs in Mayfair-Pacific Reach, here's what's actually happening. The market is taking a breather. Values are softer than they were three months ago, and the numbers back that up. But the story is different depending on whether you own a house or a condo - so let's break it down for us locals.
The average HonestDoor Price for a house in Mayfair-Pacific Reach sits at $673,200 - up 1.67% from the previous period. That sounds encouraging. But the predicted market value right now is $662,119, and that number is sliding. The 3-month moving average was $682,676, which means we've lost some ground recently. Property values have dipped 2.51% in the short term.
On the neighbourhood leaderboard, houses here rank 9th out of 13 comparable Coquitlam neighbourhoods for growth. That puts us in below-average territory for now. Neighbours in Cape Horn ($1,529,161), Port Mann ($1,374,517), and River Heights ($1,671,925) are sitting on significantly higher valuations - though their growth is also flat or slightly negative. We're in a different price tier, but the rental yield of 5.37% is genuinely strong. If you're holding this as an investment, the income story is solid.
Condo owners, pay attention. The average HonestDoor Price is $481,586, up 3.35% from the previous period. That's the good news. The trickier news is that the predicted value right now is $541,223, down from a 3-month moving average of $565,118. Recent value change is -4.10%. That's a meaningful short-term drop.
On the condo leaderboard, we rank 11th out of 13 in Coquitlam for growth. That puts condos here among the bottom performers right now. Nearby Cape Horn condos are averaging $530,184 - slightly ahead of us. The rental yield of 3.75% is moderate, meaning this asset works better as a long-term hold than a quick flip in the current climate.
Here's the thing about your BC Assessment notice. It reflects a snapshot from July 1st of the previous year. That's old news. The market has moved - in both directions - since that number was printed. Your HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. It's the real-world check against a static government number that has no idea what happened to values in the last six months.
Right now in Mayfair-Pacific Reach, that gap matters. If your assessment says one thing but the predicted market value is trending lower, you need to know that before you make any decisions. And if your HonestDoor Price is higher than your assessment, that's equity you might not even know you have.
Straight talk: this is not a seller's market right now in Mayfair-Pacific Reach. Values are softer than they were 90 days ago, and the growth rankings put us in the middle-to-lower tier of Coquitlam neighbourhoods. That does not mean you shouldn't sell - it means you need to price smart and move fast.
A few things to keep in mind if you're weighing a summer sale:
The summer window is real, but it rewards sellers who do their homework. Start with your HonestDoor Price. That's the number that actually reflects today's market - not a government printout from a year ago.
mayfair-pacific reach | coquitlam | june 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.