Estimated reading time: 4 minutes
As we move deeper into the summer real estate season, the Port Moody Real Estate Market Update highlights early signs of a shift in the market dynamics. With inventory up across the board and pricing softening in some segments, both buyers and sellers need to adapt to evolving conditions.
Here’s a detailed breakdown of what’s happening in Port Moody’s real estate market based on the latest data from June 2025.
See Full Stats
Detached Homes: Demand Grows, But So Do Days on Market
The detached market is showing mixed signals, sales activity is up, but homes are taking significantly longer to sell.
Key Stats:
- Sales: 15 (up 150% from June 2024)
- Active Listings: 134 (up 14.5%)
- Benchmark Price: $2,116,200 (down 3.1%)
- Average Days on Market: 45 (up 137%)
Insight: Buyers are back, but they’re patient. Longer selling times suggest that buyers are negotiating harder and prioritizing value.
Condos: Rising Inventory, Dropping Sales
Port Moody’s condo market is under pressure. Inventory has surged, but sales have dipped noticeably.
Key Stats:
- Sales: 20 (down 37.5%)
- Active Listings: 151 (up 67.8%)
- Benchmark Price: $741,300 (down 2.5%)
- Average Days on Market: 29 (up 3.6%)
Takeaway: The increased selection gives buyers more choices, and more power. Sellers need to be sharp on price, presentation, and promotion.
Townhomes: Stability with Subtle Shifts
Townhomes remain relatively balanced. While the number of active listings has jumped, pricing and demand have held steady compared to other segments.
Key Stats:
- Sales: 13 (down 7.1%)
- Active Listings: 68 (up 66%)
- Benchmark Price: $1,039,000 (down 0.9%)
- Average Days on Market: 25 (up 56.3%)
Buyer Tip: Townhomes continue to offer excellent value and remain a key option for young families upsizing from condos.
Sales-to-Active Ratio: Market Balance Snapshot
The sales-to-active listings ratio reveals who has the upper hand:
- Detached: 11.2% → Buyer’s Market
- Condos: 13.2% → Leaning Buyer’s Market
- Townhomes: 19.1% → Balanced Market
Interpretation: Detached and condos favor buyers, while townhomes are hanging on to a balanced position. If inventory continues to rise, we could see a shift by late summer.
Neighbourhood Standouts: Who’s Up and Who’s Down?
Detached Homes:
- Anmore: $3,178,500 (↓4.2%)
- College Park PM: $1,626,100 (↓5.3%)
- Port Moody Centre: $1,750,300 (↓5.3%)
Condos:
- North Shore Pt Moody: $789,600 (↓3.0%)
- Port Moody Centre: $741,900 (↓2.7%)
Townhomes:
- College Park PM: $941,300 (↓1.8%)
- Heritage Mountain: $1,148,800 (↑2.5%)
- North Shore Pt Moody: $803,000 (↑3.3%)
Investor Lens: Townhomes in Heritage Mountain and North Shore remain resilient and could offer strong long-term upside.
Price Per Square Foot: Comparing Value
As seen in the chart on page 5, here’s the average price per square foot across housing types:
- Detached: ~$782/sqft
- Condos: ~$822/sqft
- Townhomes: ~$696/sqft
Takeaway: Condos remain the most expensive on a per-square-foot basis, while townhomes continue to offer the best value for space-conscious buyers.
What This Means for You
If You’re Buying:
- Detached and condo buyers have more leverage than they’ve had in years.
- Townhomes are a balanced bet with minimal pricing risk.
If You’re Selling:
- Detached sellers need patience and precision on pricing.
- Townhome owners are best positioned, especially in rising-value neighbourhoods.
- Condo sellers must differentiate to avoid getting lost in inventory.
FAQ: Port Moody Market – June 2025
Is this a good time to buy in Port Moody?
Yes, especially for detached and condo buyers. Inventory is high, and sellers are more flexible.
Why are days on market rising so fast?
Buyers are more cautious and taking longer to commit, especially as borrowing costs remain elevated.
Which areas are still appreciating?
Heritage Mountain and North Shore (townhome segments) have seen modest year-over-year price gains.
Will prices drop further?
With inventory continuing to climb and sales volume down in some areas, slight price softening is still possible, particularly in condos and detached homes.
Let’s Make Your Move Strategic
Whether you’re entering the market or preparing to sell, understanding the numbers is just the start. Let’s talk about how today’s market conditions impact your goals, and how we can help you make the most of your timing. Book your virtual consultation.
Explore Other Market Trends
Want to see how the market is shifting beyond Port Moody? You can also explore what’s happening in nearby Coquitlam or get a broader view of trends across Metro Vancouver in our latest June 2025 market updates.
