Estimated reading time: 3 minutes
November brought cooler weather, and a cooler real estate market, for Port Moody. Whether you’re buying, selling, or investing, understanding the numbers is key. This friendly, data-backed update walks you through what’s happening with detached homes, townhomes, and condos in Port Moody, plus what it means for your next move.
See Full Stats
Detached Homes
- Sales: 7
- Active Listings: 121
- Benchmark Price: $2,089,600
- Average Days on Market: 51
- One-Year Price Change: +0.3%
Townhomes
- Sales: 11
- Active Listings: 46
- Benchmark Price: $986,400
- Average Days on Market: 33
- One-Year Price Change: -1.3%
Condos
- Sales: 26
- Active Listings: 172
- Benchmark Price: $703,900
- Average Days on Market: 43
- One-Year Price Change: -6.6%
Sales-to-Active Ratio
| Property Type | Sales-to-Active Ratio | Market Type |
|---|---|---|
| Detached | 5.8% | Buyer’s Market |
| Condo | 15.1% | Balanced Market |
| Townhome | 23.9% | Seller’s Market |
According to the chart on page 1, the Sales-to-Active ratio shows that the detached market strongly favours buyers, while townhomes remain competitive, leaning toward sellers. Condos sit in a more balanced zone, great news for both sides of the table.
Month-over-Month & Year-over-Year Trends
- Detached Prices: Up slightly from October (+1.4%), but flat YoY.
- Condo Prices: Down 0.4% MoM and 6.6% YoY, reflecting softer demand.
- Townhomes: Prices dipped 1.0% from last month and are down 1.3% from a year ago.
Across the board, days on market increased, suggesting buyers are taking more time and inventory is sticking longer.
Neighbourhood Highlights & Long-Term Trends
Top Performing Areas (based on price resilience or growth):
- Port Moody Centre (Condos): Benchmark price $707,400 (-6.7% YoY), with high sales activity.
- Anmore (Detached): Benchmark price $3,226,700 (only a minor drop of 0.1%).
- Barber Street (Detached): Up 1.0% YoY to $2,223,200.
Long-Term Price Trends (Page 5 Chart):
- Detached homes in Port Moody have held strong over the years, now averaging over $2 million.
- Townhomes and condos have experienced steady growth since 2019, though condo prices have pulled back in 2025.
- The average price per square foot remains highest for condos (~$787), followed by townhomes and detached homes.
What This Means for You
- Detached home buyers have more options and negotiating power in this buyer-friendly market.
- Condo buyers can shop wisely in a balanced environment, with prices showing signs of plateauing.
- Take advantage of rising days on market to secure better terms.
- Townhome owners: This is still your market. Demand is steady, and inventory is relatively tight.
- Detached and condo sellers: Pricing strategy is crucial. With more listings and longer wait times, working with a local expert will make all the difference.
- Consider condos in Port Moody Centre for long-term value and potential upside when the market tightens again.
- Rising inventory and longer days on market can offer opportunities to negotiate below asking—especially for detached homes.
Ready to Take the Next Step?
Whether you’re curious about your home’s value or exploring opportunities in this shifting market, we’re here to help. Book a free consultation or request a personalized home evaluation today. Let’s make your next move a smart one.
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