Pleasantside, Port Moody - July 2026 Real Estate Report

Pleasantside, Port Moody: Your Home Is Worth More Than the City Thinks - But the Window May Be Narrowing

If you live in Pleasantside and you have not checked your property value lately, here is the short version: your house is likely worth more than your assessment says, but the market is taking a breather right now. Here is what that actually means for your wallet.

The Vibe: What Is Happening With Houses and Condos Right Now

Let us break it down by property type, because the two stories here are pretty different.

Houses in Pleasantside

If you own a house in Pleasantside, you are sitting at the top of the Port Moody price leaderboard. Houses here rank 1 out of 13 neighbourhoods for price - meaning we are the most expensive game in town. The average sale price is sitting at $2,020,000, and price per square foot comes in around $868.

• Average Sale Price: $2,020,000
• Price Per Square Foot: $868
• HonestDoor Price: $1,841,341
• 3-Month Moving Average: $1,897,432
• Estimated Monthly Rent: $6,457
• Rental Yield: 3.86%
• Recent Value Change: -0.96%
• Growth Rank: 10 out of 16 neighbourhoods in Port Moody

That growth rank is worth paying attention to. Sitting at 10 out of 16 puts us in below-average territory for momentum right now. Values have dipped 0.96% recently, and the predicted market value of $1,870,586 is sliding below the 3-month moving average of $1,897,432. The market is not crashing - but it is cooling off. If you are a house owner here, you are wealthy on paper, but the trend line is pointing down in the short term.

Condos in Pleasantside

The condo picture is a bit more of a mixed bag for us. Pleasantside condos rank 7 out of 8 for price in Port Moody - so we are on the affordable end of the condo spectrum here. The average sale price is $450,054, with a price per square foot around $608.

• Average Sale Price: $450,054
• Price Per Square Foot: $608
• HonestDoor Price: $586,159
• 3-Month Moving Average: $611,646
• Estimated Monthly Rent: $2,929
• Rental Yield: 3.65%
• Recent Value Change: -2.19%
• Growth Rank: 13 out of 15 neighbourhoods in Port Moody

That growth rank of 13 out of 15 puts Pleasantside condos firmly in the bottom-performer category right now. Values have dropped 2.19% recently, and the predicted value of $599,652 is tracking below the 3-month moving average of $611,646. If you own a condo here, the honest truth is the short-term trend is not your friend at the moment.

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

Here is something most Pleasantside homeowners do not realize. Your city assessment is basically a snapshot from the past - it gets updated once a year and does not reflect what is happening on the ground today. The HonestDoor Price is a real-time check on what your property is actually worth in the current market.

For houses, the city's average assessed value sits at $1,794,598. The HonestDoor Price comes in at $1,841,341 - that is 2.60% higher than what the assessment says. In dollar terms, that gap is roughly $46,743. That is real money that your tax assessment is leaving on the table when you are trying to figure out your net worth or plan a sale.

For condos, the story flips. The average assessed value is $618,726, but the HonestDoor Price is $586,159 - that is 5.26% lower than the assessment. If you are a condo owner banking on your assessment number, you may be overestimating what a buyer will actually pay you today. That is a $32,567 reality check worth knowing before you list.

The bottom line: do not wait for next year's assessment to tell you what your home is worth. The market moves faster than that, and right now the two numbers are telling very different stories depending on whether you own a house or a condo.

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

If you are a house owner in Pleasantside and you are thinking about selling this summer, the timing conversation is real. You are in the most expensive neighbourhood tier in Port Moody, which is a strong position. But values have slipped 0.96% recently and the trend is pointing downward. Selling sooner rather than later - while you still have that price-rank advantage - is worth a serious conversation with your agent.

Rental income potential of $6,457 per month and an Airbnb estimate of $321 per night give you options if you want to hold and rent instead of selling into a softening market. That 3.86% rental yield is moderate - not a home run, but not nothing either.

If you own a condo and you are thinking about selling, the picture is tougher. A 2.19% recent value drop and a bottom-tier growth rank of 13 out of 15 means the market is not doing you any favours right now. If you do not need to sell, waiting for a market shift makes sense. If you do need to sell, price it sharp from day one - buyers in this segment have options, and sitting on the market will only hurt you more.

Either way, pull your HonestDoor Price before you do anything else. It is the most accurate real-world number you have got - and in a market that is moving like this one, knowing your actual starting point is everything.

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.