Port Moody Real Estate Market Update – June 2025

Detached Sales Surge Despite Longer Timelines

Port Moody experienced a significant increase in detached home sales this June, even as inventory climbed and selling times lengthened. Condos and townhomes saw contrasting trends, with softer activity and moderate price adjustments. The market overall remains balanced but trending toward buyer advantage.

Key Market Stats for June 2025

Detached Homes

  • Total Active Listings: 134 (+14.5% YoY)
  • Sales: 15 (+150.0% YoY)
  • Days on Market Average: 45 (+136.8% YoY)
  • MLS® HPI Benchmark Price: $2,116,200 (-3.1% YoY)

Condos

  • Total Active Listings: 151 (+67.8% YoY)
  • Sales: 20 (-37.5% YoY)
  • Days on Market Average: 29 (+3.6% YoY)
  • MLS® HPI Benchmark Price: $741,300 (-2.5% YoY)

Townhomes

  • Total Active Listings: 68 (+65.9% YoY)
  • Sales: 13 (-7.1% YoY)
  • Days on Market Average: 25 (+56.3% YoY)
  • MLS® HPI Benchmark Price: $1,039,000 (-0.9% YoY)

Market Trends & Expert Insights

  • Detached Homes: Dramatic Sales Rebound, But Longer Selling Time
    Sales skyrocketed 150% YoY, yet listings rose and days on market nearly doubled. Prices slipped 3.1%, signaling buyer leverage despite strong demand.
  • Condos: Sharp Slowdown Amid Inventory Surge
    Listings jumped nearly 68%, but sales dropped 37.5%, extending time-to-sell and pressuring prices downward.
  • Townhomes: Inventory Expansion, Stable Prices
    Listings climbed 65.9%, while sales dipped slightly. Prices held near flat (-0.9%), but increased days on market highlight cautious buyer behavior.
  • Sales-to-Active Ratio Snapshot:
    • Detached: 11.2% → Balanced/Buyer’s Market
    • Condos: 13.2% → Balanced Market
    • Townhomes: 19.1% → Balanced Market (leaning seller)

What This Means for Buyers & Sellers

For Buyers:

  • Detached properties offer negotiation power, especially with extended listing timelines.
  • Condos and townhomes present more selection and favorable conditions for offers.

For Sellers:

  • Price competitively and prepare for longer selling windows, especially in detached and condo markets.
  • Townhome sellers can still capture interest with sharp pricing and presentation.

Final Thoughts

Port Moody’s market is marked by growing inventory and mixed segment performance. Detached homes lead in activity but not pricing power, while condos and townhomes favor buyers slightly. Expect continued balance with softening prices through the summer.

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