May 2026 Market Update
Port Moody Real Estate Market Update
Port Moody posted the smallest annual price decline in the Tri-Cities, with townhouse benchmarks up 2.2% in May alone.
Benchmark price (all types)
$1,040,400
▲ +1.1% MoM · ▼ -4.3% YoY
Total sales (all types)
48
Port Moody/Belcarra · vs 61 in May 2025
New listings (all types)
177
Port Moody/Belcarra · vs 189 in May 2025
Median apartment price
$699,900
May 2026
Market Overview
What’s happening in Port Moody this month
Port Moody continues to hold its value better than most of Metro Vancouver. The composite benchmark rose 1.1% in May to $1,040,400 and is down just 4.3% year-over-year — the smallest annual decline in the Tri-Cities. Townhouses led the month, jumping 2.2% to $982,200, while apartments held essentially flat at $703,000. Sales volume stayed modest at 48 homes across the Port Moody/Belcarra area, reflecting the community's limited inventory more than weak demand. For sellers, Port Moody's lifestyle premium — Rocky Point, Brewers Row, SkyTrain — keeps underpinning prices; for buyers, patience matters in this tightly-held market.
Supply & Demand
Sales-to-new listings ratio
Port Moody is in buyer’s market territory
The overall ratio of 27.1% is below 40%, meaning new supply is outpacing demand. For the sales-to-new listings ratio, below 40% indicates a buyer’s market, 40–60% a balanced market, and above 60% a seller’s market.
Detached 27%
Townhouse 21%
Apartment 30%
Benchmark Prices
MLS® HPI benchmark prices — May 2026
| Home type | Benchmark price | 1-month change | 1-year change |
|---|---|---|---|
| All home types (composite) | $1,040,400 | ▲ +1.1% | ▼ -4.3% |
| Detached | $1,939,400 | ▲ +0.2% | ▼ -5.5% |
| Townhouse | $982,200 | ▲ +2.2% | ▼ -3.1% |
| Apartment / condo | $703,000 | ▼ -0.1% | ▼ -5.7% |
Sales Activity
Home sales by property type
| Home type | May 2026 sales | May 2025 sales | Change | Median price |
|---|---|---|---|---|
| Detached | 13 | 17 | -23.5% | n/a |
| Townhouse / attached | 8 | 14 | -42.9% | n/a |
| Apartment / condo | 27 | 30 | -10.0% | $699,900 |
Common Questions
Port Moody market FAQ
What is the benchmark home price in Port Moody?
As of May 2026, the MLS® HPI composite benchmark price in Port Moody is $1,040,400 across all home types. By segment: detached $1,939,400, townhouse $982,200, and apartment $703,000. The benchmark represents a typical home in the market, which makes it a more reliable trend indicator than average or median prices.
Are home prices in Port Moody going up or down?
The composite benchmark rose 1.1% from April 2026 and is down 4.3% compared to May 2025. Detached prices moved +0.2% month-over-month, townhouses +2.2%, and apartments -0.1%. Segments are moving differently, so the right read depends on the type of home you own or want to buy.
Is Port Moody a buyer’s or seller’s market right now?
With a sales-to-new listings ratio of 27.1%, Port Moody is in buyer’s market conditions — the ratio is below 40%, meaning new supply is outpacing demand. By segment: detached 27%, townhouse 21%, and apartment 30%.
How many homes sold in Port Moody in May 2026?
13 detached, 8 townhouse/attached, and 27 apartment sales were recorded in May 2026, compared with 17, 14, and 30 respectively in May 2025.
Is now a good time to buy or sell in Port Moody?
For buyers: inventory is healthy, prices are below year-ago levels, and homes are taking longer to sell — that combination means more selection and more negotiating power than in recent years. For sellers: well-prepared, accurately priced homes are still selling, but pricing to today’s market (not last year’s) is the difference between selling in weeks and sitting for months. The right move depends on your situation, especially if you’re selling and buying in the same market.
How does Port Moody compare to nearby markets?
Port Moody's composite benchmark of $1,040,400 carries a premium over Coquitlam ($1,003,300) and Port Coquitlam ($888,600), and its -4.3% annual change is the mildest in the Tri-Cities — evidence the market consistently pays for Port Moody's waterfront-village character.
About this data: All figures are from the Greater Vancouver REALTORS® (GVR) May 2026 statistics package.
Benchmark prices are MLS® Home Price Index values representing a typical home in the market.
GVR reports sales and listings for Port Moody and Belcarra as one combined area; benchmark prices above are Port Moody-specific. GVR does not publish per-city active listing counts, so ratios shown are sales-to-new-listings for the month. Information is deemed reliable but is not guaranteed. Prepared by Derek Vanderkooy PREC*
and David Maître PREC*, Value-First Home Team, One Percent Realty Ltd.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.