Pleasantside, Port Moody - September 2026 Real Estate Report

Pleasantside, Port Moody: Your Neighbour Probably Has No Idea What Their Home Is Actually Worth Right Now

If you own in Pleasantside and you're still looking at your BC Assessment notice to figure out what your place is worth, you're working with old information. The market has moved. Here's the real picture.

The Vibe: What's Happening on Our Streets

Pleasantside is one of Port Moody's pricier pockets, and the numbers back that up. But "expensive" doesn't mean "flying up." The neighbourhood is taking a breather right now, and anyone thinking about buying or selling needs to know that going in.

We saw 859 houses and 160 condos assessed this year. Transaction volume is thin - only a handful of sales in 2026 so far. That low activity makes every sale count more, and it also means prices can swing on a single deal.

Houses: Still the Top Shelf, But Cooling Off

• Average HonestDoor Price: $1,813,534
• Average Assessed Value: $1,794,598
• Recent Sale Price: $1,999,999
• Price Per Square Foot: $621
• Predicted Market Value: $1,831,658
• 3-Month Moving Average: $1,847,862
• Estimated Monthly Rent: $6,359
• Rental Yield: 3.90%
• Recent Value Change: -0.53%
• Growth Rank in Port Moody: 11 out of 16
• Price Rank in Port Moody: 2 out of 13

Houses here rank second most expensive in all of Port Moody. That's a strong position. But on the neighbourhood leaderboard for growth, we're sitting at 11th out of 16 - that's below average territory. The predicted market value of $1,831,658 is already sliding below the 3-month moving average of $1,847,862. That's a signal worth paying attention to, not panicking over, but worth knowing.

Rental income potential is solid at $6,359 a month with a 3.90% yield. If you're holding as an investment, that's a reasonable return for this price range.

Condos: Assessed High, Priced Lower in Reality

• Average HonestDoor Price: $582,171
• Average Assessed Value: $618,726
• Recent Sale Price: $435,000
• Price Per Square Foot: $598
• Predicted Market Value: $585,254
• 3-Month Moving Average: $590,355
• Estimated Monthly Rent: $2,871
• Rental Yield: 3.67%
• Recent Value Change: -0.15%
• Growth Rank in Port Moody: 11 out of 15
• Price Rank in Port Moody: 7 out of 8

Here's the one that should get condo owners' attention. The government assessment says $618,726. The HonestDoor Price says $582,171. That's a gap of over $36,000 - and the HonestDoor number is 5.91% lower than the assessed value. If you're pricing a condo to sell based on your assessment, you may be starting the conversation in the wrong place.

On the leaderboard, Pleasantside condos rank 11th out of 15 for growth and 7th out of 8 for price - meaning we're among the more affordable condo options in Port Moody. That's actually useful if you're buying, but it tells sellers to be realistic about expectations.

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

BC Assessment values are snapshots frozen in time - typically reflecting the market from July 1st of the prior year. A lot has happened since then. The HonestDoor Price updates in real time using actual transaction data and market signals. Right now, for houses, it's running $18,936 above the assessed value. For condos, it's running $36,555 below it.

Those aren't small differences. If you're a condo owner who hasn't checked your HonestDoor Price lately, do it today. You don't want to list based on a number the market has already moved away from.

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

Here's the straight talk for anyone in Pleasantside weighing a summer sale.

For house sellers - you're in a strong price position, second most expensive in Port Moody. But values are drifting down slightly, and growth ranks below average on the local leaderboard. Waiting for the market to bounce back up isn't a guaranteed strategy right now. If your life circumstances make a sale make sense, this summer is still a reasonable window - but price it sharp. Buyers in this range are paying attention.

For condo sellers - the gap between your assessment and your real market value is the story. Lean on your HonestDoor Price, not your tax notice. With only one condo transaction recorded so far in 2026, comparable sales are thin, which means your listing will stand out - for better or worse depending on how you price it.

For everyone - nearby neighbourhoods like Twin Creeks and Moody Centre are priced lower than Pleasantside for both houses and condos. Buyers who get priced out of our street will look there next. That's competition you need to factor in.

Bottom line: Pleasantside is still one of Port Moody's better addresses. But this is not a set-it-and-forget-it market right now. Know your real number, price with intention, and move with confidence.

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.