If you have been waiting for the Port Moody market to give you a clear signal, here is the problem: Port Moody has not been behaving like one market. Over the first half of 2026, one neighbourhood's townhouses rose 9 percent while another's fell 10 percent, in the same city, in the same six months.
We pulled every Port Moody MLS sale from January 2025 through June 2026 and broke the city down by neighbourhood and home type. What came back is a market that is far more local than any regional headline can capture.
One city, six different markets
One city, six different markets
The spread from top to bottom is nearly 20 percentage points. A Heritage Woods townhouse owner and a College Park townhouse owner have had completely opposite years, and both of them read the same regional headlines.
The number that matters to you is your neighbourhood and your home type. The regional average is a blend of both halves of that chart, and it describes almost nobody.
What your money actually buys
Price per square foot strips out the effect of home size and lets you compare honestly. Here is every corner of Port Moody with enough sales to measure, each home type against what the same type fetches across Coquitlam and Port Coquitlam.
Median price per square foot by home type, Port Moody vs. the rest of the Tri-Cities
Two things stand out. First, Port Moody carries a premium in every category. The city's median is $806 per square foot for condos against $766 next door, $649 against $615 for townhouses, and $614 against $559 for detached. The gap is widest on houses, where Port Moody commands about 10 percent more per foot than Coquitlam and Port Coquitlam.
Second, the ordering inside Port Moody is not what most people expect. A condo in Port Moody Centre costs $821 per square foot. The most expensive detached houses in the city, on Barber Street, cost $676. Nowhere in Port Moody does land-plus-house reach what a well-located apartment reaches per foot.
That is what proximity is worth here. Port Moody Centre buys Rocky Point, the Shoreline Trail, brewery row and a SkyTrain platform, and the market prices those minutes at a premium over square footage. It is also why a Heritage Mountain house at $496 per square foot is not a bargain and a Port Moody Centre condo is not overpriced. They are two different products being sold to two different buyers.
The ladder got easier at the bottom and harder at the top
If you already own in Port Moody and have been waiting for a better moment to move up, the gap between rungs matters more than the price of any single rung.
Median sold price by home type, first half 2025 vs. first half 2026
Compared with the rest of the Tri-Cities, Port Moody condos fell harder (8.2 percent against 4.7 percent), townhouses fell at roughly the same rate (8.8 percent against 9.5 percent), and detached houses held their value while everyone else's slipped (0.1 percent against 4.2 percent). Within Port Moody, that does two opposite things at once. The step from a condo to a townhouse shrank by roughly $30,000, so that move is cheaper to make today than it was a year ago. The step from a townhouse to a detached home grew by roughly $91,000, so that move got more expensive while people waited.
Waiting is not neutral. It has been quietly working in favour of condo owners moving up, and against townhouse owners moving up.
Port Moody is running cooler than the region
The sales to active listings ratio is the measure Greater Vancouver REALTORS uses to judge whether a market favours buyers or sellers. Below 12 percent tends to put downward pressure on prices. Above 20 percent tends to push them up.
Sales-to-active-listings ratio, June 2026
This is the one place we look outside Port Moody, because a temperature reading only means something next to another one. Port Moody sits at 12.4 percent, just above the line, and below the regional figure of 14.6 percent. For a buyer, that is the whole point: there is more room to negotiate here than the Metro Vancouver headline suggests. For a seller, it means the asking price is doing more of the work than it did a year ago.
Wondering where your specific home sits on that first chart?
We can pull the sales history for your building or your street and show you the actual comparable sales, not a regional average. No obligation, no pressure.
Paul Bennett & Leilani Fong PREC*
Port Moody and Tri-Cities REALTORS® with eXp Realty Canada. We pair on-the-ground local expertise with data-driven advice, so you can make the buy-or-sell call with the full picture in front of you, not just the headline.
Data sources: Port Moody MLS sales records, January 2025 through June 2026, except the Coquitlam and Port Coquitlam comparison figures. The Metro Vancouver figure of 14.6 percent is published by Greater Vancouver REALTORS in its June 2026 statistics package; the Port Moody, Coquitlam and Port Coquitlam ratios are our own calculation from MLS records using the same formula and may differ slightly from board-published figures. July 2026 sales are excluded because reporting was still incomplete at the time of writing. Median prices are used rather than averages to limit the effect of unusually high or low sales. This article is general market information and not advice on any specific property. Paul Bennett and Leilani Fong PREC* (Personal Real Estate Corporation) are licensed REALTORS with eXp Realty Canada.