Port Moody
Port Moody
Real Estate
Watch RealTours™ Port Moody
In this episode of RealTours, it’s the ultimate guide to Port Moody as Stephen paddles along and learns how this former sawmill town at the “end of the west” became a sought-after destination for families from across BC.
Watch nowPort Moody has many housing options available for all sorts of Homeseekers.
Listings
392
Port Moody has seen increasing interest lately from Homeseekers on REW. Listing views have been on a climbing trend. Homeseekers appear to have taken special notice of the area after December 2024; since then, listing views have remained above 100,000. This makes sense since, after all, “Port Moody attracts all kinds of buyers, from single, young professionals, to families and also retirees,” says Carolyn.
Listing views
Two-year trend
Featured Listings
Single-family
Single family homes make up a large portion of Port Moody’s and the Tri-Cities’ housing stock.
Condo
More condos are coming on the market in Port Moody and the Tri-Cities' as more families move to the area.
Townhome
With recent changes to provincial legislation, expect to see more townhomes in the Tri-Cities in the future.
Buying in Port Moody.
Top three questions.
How would you describe Port Moody to a potential buyer?
Port Moody is a charming city with the perfect balance of nature and city life. There are several parks and green spaces, incredible local shops and restaurants (that help keep that small-town feel), yet you’re only a 45 minute SkyTrain ride into Downtown Vancouver. Port Moody truly is the best of all worlds!
What is your overall impression or opinion of the market in Port Moody?
Port Moody is always going to be desirable for buyers as it appeals to so many different types of buyers – young professionals (because of the transit options, local cafes and breweries), young families (tons of recreation options, great schools and amenities for kids) and retirees (smaller city with lots of walking paths and nature). Out of the three cities that make up the Tri-Cities (Port Moody, Coquitlam and Port Coquitlam), Port Moody holds the highest price point on average because it is such a desirable place to call home for so many. The other reason the market is always strong in Port Moody is because it has all types of housing options, from low-rise condos, high-rise towers, townhomes, single-family homes, homes with acreage (in Anmore) and waterfront properties (in Belcarra).
How has the property market in Port Moody changed over recent years?
There are more condo options now for buyers, with more towers, low-rise condos and townhomes being built in Port Moody. There are also several more new single-family homes going in, which gives buyers more options as well. The SkyTrain has changed the market in Port Moody, bringing several more buyers from Vancouver and the North Shore to Port Moody, as their commute has become much easier with additional transit options.
Quote
23/09/2024
“Port Moody is always going to be desirable. It appeals to so many different types of buyers.
Carolyn PoguePogue Real Estate Group
Listing prices
Five-year trend.
Prices have remained elevated in Port Moody for a while. In the Tri-Cities, “Port Moody holds the highest price point on average because it is such a desirable place to call home for so many,” according to Carolyn. Recently, however, prices have softened somewhat. List prices hover near $1 million, but sales tend to dip below this, showing that negotiation may be successful for prepared Homeseekers. Given the area’s amenities and scenic surroundings, “Investing in a home in Port Moody is definitely a smart choice as it’s a beautiful city with great amenities, lots of green space and several transit options,” says Carolyn.
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