Estimated reading time: 1 minute
If you are keeping an eye on the Port Moody real estate market, February brought a mix of opportunities and shifting dynamics. Inventory has grown across several property types, while prices have adjusted slightly compared to last year.
For buyers, this means more selection. For sellers, strategic pricing and strong marketing are becoming increasingly important.
Below is a simple breakdown of what happened in February and what it means if you are thinking about buying, selling, or investing in Port Moody real estate.
See Full Stats
Detached Homes
- Sales: 7
- Active Listings: 103
- Benchmark Price: $1,965,200
- Average Days on Market: 57
- Year-over-Year Price Change: -5.7%
Townhomes
- Sales: 11
- Active Listings: 37
- Benchmark Price: $967,700
- Average Days on Market: 16
- Year-over-Year Price Change: -2.1%
Condos
- Sales: 19
- Active Listings: 149
- Benchmark Price: $695,700
- Average Days on Market: 35
- Year-over-Year Price Change: -4.9%
Sales-to-Active Listings Ratio
The sales-to-active ratio helps determine whether the market favors buyers or sellers.
| Property Type | Sales-to-Active Ratio | Market Type |
|---|---|---|
| Townhomes | 29.7% | Seller’s Market |
| Condos | 12.8% | Balanced Market |
| Detached Homes | 6.8% | Buyer’s Market |
In general:
- Below 12% indicates a buyer’s market
- 12% to 20% suggests a balanced market
- Above 20% signals a seller’s market
Townhomes remain the most competitive property type in Port Moody. Detached homes currently favor buyers due to higher inventory and slower sales activity.
Month-over-Month and Year-over-Year Trends
Month-over-Month Trends
Comparing January to February:
- Detached home sales increased from 4 to 7.
- Condo sales rose from 15 to 19.
- Townhome sales increased from 8 to 11.
- Benchmark prices remained relatively stable month-to-month.
This suggests that activity is beginning to pick up as the spring market approaches.
Year-over-Year Trends
Compared with February 2025:
- Prices declined modestly across all property types.
- Inventory levels increased significantly, especially for condos.
- Homes are generally taking longer to sell.
These changes indicate a market that is becoming more balanced after several years of strong seller conditions.
Neighbourhood Highlights and Long-Term Price Trends
Port Moody continues to show strong long-term growth despite short-term fluctuations.
According to the long-term price trend chart on page 5 of the report, benchmark prices have risen dramatically since 2006 across all property types. Detached homes climbed from roughly $588,000 in 2006 to about $1.97 million today. Condos increased from around $215,000 to approximately $695,700, while townhomes rose from about $279,000 to roughly $967,700.
Some neighbourhood highlights from February include:
- Barber Street: Detached benchmark price around $2,138,600 with a slight annual increase.
- Port Moody Centre: Condo benchmark near $699,100, slightly lower than last year.
- College Park: Townhome benchmark approximately $849,300.
These numbers reinforce that Port Moody remains one of the most desirable communities in the Tri-Cities thanks to its natural surroundings, SkyTrain access, and growing amenities.
What This Means for You
If you are planning to buy in Port Moody, the current market offers several advantages:
- More listings to choose from.
- Slightly softer prices compared to last year.
- Less competition in detached homes.
However, well-priced homes in desirable locations can still sell quickly. Working with a knowledgeable local agent can help you identify the right opportunities.
For sellers, preparation and pricing strategy are key in today’s market.
Consider focusing on:
- Competitive pricing based on recent sales
- Professional marketing and photography
- Preparing the home to show its best
Homes that are priced well and presented properly are still selling successfully.
Port Moody continues to be attractive for long-term investors due to:
- Strong population growth in the Tri-Cities
- Excellent transit connectivity via the Evergreen SkyTrain line
- Limited land supply for new housing
Short-term price adjustments can often create opportunities to enter the market before the next growth cycle.
Thinking of Buying or Selling in Port Moody?
Whether you are planning to buy your first home, sell your current property, or explore investment opportunities, understanding the market is the first step.
If you would like a personalized market analysis or a free home evaluation, feel free to reach out. I would be happy to help you navigate the Port Moody real estate market with confidence.
Contact details
Sayed Najibi
Personal Real Estate Corporation
Phone: 604-649-6520
Website: www.sngroup.ca