Port Moody Real Estate Market Update April 2024
Here is some information form the Multiple Listing Services of the Greater Vancouver Area on the Port Moody Market.
Market Type Indicator PORT MOODY ATTACHED: Sellers Market at 55% Sales Ratio average (5.5 in 10 homes selling rate)
Homes are selling on average 100% of list price
Most Active Price Band** $600,000 to $700,000 with average 73% Sales Ratio (Sellers market)
Buyers Best Bet** Homes between $800,000 to $900,000, College Park, Port Moody Centre and 2 bedroom properties
Sellers Best Bet** Selling homes in North Shore and 3 bedroom properties
Port Moody Detached Market
Homes are selling on average 2% below list price
Most Active Price Band** $2 mil to $2.25 mil with average 50% Sales Ratio (Sellers market)
Buyers Best Bet** Homes between $1.75 mil to $2 mil / $2.25 mil to $2.5 mil, Heritage Woods and Port Moody Centre Sellers Best Bet** Selling homes in Barber Street and 3 to 6 bedroom properties