Quinsam Heights, Campbell River - August 2026 Real Estate Report

Quinsam Heights Real Talk: Your Home Is Worth More Than the City Thinks - But the Gap Is Closing

If you own a home in Quinsam Heights and you have not checked your numbers lately, now is the time. The city assessed the average property here at $741,884. But the HonestDoor Price - the real-world, right-now estimate - sits at $731,898. That is a $10,000 gap, and it matters more than you think heading into summer selling season.

The Vibe: What Is Actually Happening in Our Neighbourhood

Quinsam Heights is not crashing. It is not on fire either. It is taking a breather. With 0.01% year-over-year growth and 14 property transactions recorded in 2026 across 1,520 assessed properties, we are in a steady, low-drama market. Think of it as the neighbourhood catching its breath after a busy few years.

On the Campbell River leaderboard, we rank 5th for average assessed value and 4th for total transactions. That puts us solidly in the middle of the pack - not the cheapest option, not the priciest. For context, Downtown clocks in at $791,468 (HonestDoor Price) and Campbelton sits at $546,580. We are in the middle, and that is actually a comfortable place to be.

Houses: Stable, But Buyers Have the Edge Right Now

Here is the honest picture for houses in Quinsam Heights right now:

• Average sale price: $978,333
• Average list price this month: $996,633
• Price per square foot: $545
• Sold-to-list ratio: 98.34% - buyers are paying slightly below asking
• Average days on market: 46 days
• Only 3 properties sold recently
• Predicted market value: $727,035
• 3-month moving average: $732,124 (values are drifting down slightly)
• Recent price change: -0.61%
• Rental yield: 5.21% - that is a strong number for landlords
• Estimated monthly rent: $3,281

That 98.34% sold-to-list ratio tells us buyers are negotiating. Not aggressively, but enough to shave a few thousand dollars off the asking price. With 46 days on market and only 3 sales, this is a buyers' market - quiet, not panicked. Our house growth rate ranks 4 out of 9 neighbourhoods in Campbell River, which puts us just above average. Not leading the pack, but not falling behind either.

One bright spot: our average house sale price of $978,333 beats nearby Merecroft at $920,000. So while things are slow, we are still commanding a premium over some of our neighbours.

Condos: A Different Story - Worth Watching Closely

If you own a condo in Quinsam Heights, pay attention. The numbers here need a closer look.

• Average HonestDoor Price: $497,132
• Predicted market value: $497,054
• 3-month moving average: $510,714 (trending down)
• Recent price change: -2.58%
• Estimated monthly rent: $2,461
• Rental yield: 3.83%
• Airbnb estimate: $122 per night
• Growth rank: 7 out of 9 in Campbell River

That -2.58% recent price change and a growth rank of 7 out of 9 puts our condo market in below-average territory right now. The 3-month moving average dropping from $510,714 to $497,054 is a real signal - not a cliff, but a slide. If you own a condo here and are thinking about selling, sooner is probably better than later.

One thing worth noting: the nearby condo markets in Campbelton, Merecroft, and Downtown are all priced significantly higher. That gap is unusual and worth digging into before you price your unit.

The Secret Sauce: Why Your HonestDoor Price Beats Waiting for the Tax Assessment

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, the market has already moved. In a neighbourhood like ours where values shifted -0.61% for houses and -2.58% for condos recently, that lag is not just inconvenient - it can cost you real money if you price your home based on stale data.

The HonestDoor Price updates in real time. It pulled the Quinsam Heights house average to $731,898 - already $10,000 below the city's assessment of $741,884. That is the real-world check. If you are a seller, pricing off the assessment could mean sitting on the market longer. If you are a buyer, knowing the HonestDoor Price gives you a sharper negotiating anchor.

With 1,520 properties assessed in Quinsam Heights this year, the city is working with a broad brush. Your specific home deserves a sharper number.

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

If you are a homeowner in Quinsam Heights eyeing a summer sale, here is the straight talk:

• Houses are moving, but slowly - 46 days on market means you need to price right from day one
• Buyers are paying 98.34% of list price - expect a negotiation, not a bidding war
• Rental demand is real - a 5.21% yield on houses gives you a solid backup plan if you do not sell immediately
• Condo owners face more pressure - the -2.58% recent drop and a bottom-half growth rank suggest acting sooner rather than later
• Your Airbnb potential ranks 5th in Campbell River for houses - if you are flexible on timing, short-term rental income at $164 per night could bridge a gap

The bottom line: Quinsam Heights is not a market to panic about, but it is also not a market to be passive in. Check your HonestDoor Price today - not your assessment notice from last winter. Know your real number, price it sharp, and you will be in a much stronger position than the neighbour who listed based on last year's data.

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.