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November brought cooler temperatures and a slower-paced real estate market in Heritage Woods, Port Moody. For those interested in the latest Heritage Woods Real Estate Market Update, whether you’re a homeowner considering a sale or a buyer waiting for the right opportunity, here’s what you need to know about how the local market performed last month.
Detached Homes
- Sales: 2
- Active Listings: 20
- Benchmark Price: $2,173,800
- Average Days on Market: 68
- Year-over-Year Price Change: -1.9%
Townhomes
- Sales: 1
- Active Listings: 6
- Benchmark Price: $918,200
- Average Days on Market: Not individually specified
- Year-over-Year Price Change: -8.1%
Condos
- Sales: 0
- Active Listings: 0
- Benchmark Price: Unavailable
- Average Days on Market: Unavailable
- Year-over-Year Price Change: Not available (no sales recorded this month)
Market Snapshot: What Does This Mean?
Sales activity in Heritage Woods was very limited in November, particularly for attached homes and condos.
- Detached home listings remain relatively high, but only 2 properties sold, signaling slow buyer activity.
- Townhomes saw just 1 sale, despite 6 listings.
- The condo segment had no sales or listings, reflecting a quiet month for that category in this neighbourhood.
This slow pace is typical for the late fall season, but also suggests buyers are holding back, possibly waiting for better interest rates or pricing opportunities in early 2026.
Sales-to-Active Listings Ratio
| Property Type | Sales | YoY Price Change |
|---|---|---|
| Detached | 2 | Buyer’s Market |
| Townhomes | 1 | Balanced Market |
| Condos | 0 | No Active |
Prices in Heritage Woods have softened compared to last year, especially for townhomes. Detached homes held their value slightly better but still showed a modest decline.
Advice for Buyers, Sellers & Investors
- This is a good time to look at detached homes with less competition and more room for negotiation.
- If you’re interested in townhomes, keep an eye out for motivated sellers.
- With sales volume down, setting the right price is critical.
- High-quality marketing, staging, and local expertise are key to standing out in a slower market.
- The decline in townhome values could present buying opportunities for long-term rental or hold strategies.
- Detached properties in Heritage Woods continue to retain strong long-term value despite short-term softness.
Let’s Plan Your Next Move
Whether you’re buying, selling, or just curious about your home’s current value in Heritage Woods, we’re here to help. Book a free consultation or request a home evaluation today. Let’s create a plan that works for your goals and timeline.
Contact Sayed Najibi, a Top Port Moody Realtor, and discover why sellers trust him to get the best results. Take a look at our Sellers Guide to get a feel for what selling with us is really like.
Contact details
Sayed Najibi
Personal Real Estate Corporation
Phone: 604-649-6520
Website: www.sngroup.ca