Port Moody Market Report – Week of August 24, 2026
Port Moody Detached Prices Drop 7.9% in One Week While Attached Homes Hold Firm
Port Moody’s real estate market is sending two different signals this week depending on which property type you’re watching. Detached home prices dropped sharply — falling from $1,900,000 to $1,750,000 in a single week, a 7.9% decline — while attached homes quietly strengthened, with median sold prices rising from $710,900 to $720,000. Both segments remain active, but the divergence between detached and attached performance is the defining story for Port Moody buyers and sellers heading into late August 2026. Browse current Tri-Cities listings →
The detached home segment in Port Moody shows 139 active listings this week, up slightly from 138 last week, with a median sold price of $1,750,000 and a sale-to-list ratio of 94.9% — a modest improvement from 94.7% the prior week. Despite that marginally better ratio, the $150,000 price drop week-over-week signals that higher-priced properties are either selling at discount or that the mix of homes sold skewed toward lower price points. Sellers in the detached market are not getting full asking price, and with inventory essentially flat, competition among sellers remains real. On the attached side — which includes condos and townhomes — 192 active listings are on the market, down from 194 last week, and the median sold price climbed to $720,000. The sale-to-list ratio of 97.9% tells a clear story: attached buyers in Port Moody are paying very close to asking price, and product is moving with minimal negotiation room. For anyone considering a purchase in Port Moody this August, the attached segment is the tighter, more competitive market, while detached offers more room to negotiate — particularly if the weekly price softness continues into September 2026.
Market snapshot · Port Moody · 24-August
Port Moody — attached & detached at a glance
Attached (condos & townhomes)
Detached (single-family)
Key takeaways
Port Moody detached homes posted a median sold price of $1,750,000 for the week of August 24, 2026, compared to $1,900,000 the prior week. That is a 7.9% single-week decline. While weekly medians can be volatile based on which homes actually closed, this size of drop warrants attention. Sellers pricing above market in the detached segment are clearly facing resistance, and buyers have a window to negotiate.
With a 97.9% sale-to-list ratio and a rising median sold price of $720,000, Port Moody’s attached market — condos and townhomes — is outperforming detached on virtually every metric this week. Inventory also tightened slightly from 194 to 192 active listings. Buyers targeting this segment should expect limited room to negotiate and should come prepared with strong offers.
The detached sale-to-list ratio in Port Moody moved from 94.7% to 94.9% week-over-week. This slight improvement means homes are selling a bit closer to their list prices — but at 94.9%, detached buyers are still averaging roughly 5.1% below asking on closed transactions. That gap represents meaningful savings on a $1,750,000 home and underscores why proper pricing strategy matters for detached sellers in Port Moody right now.
Port Moody’s total active listings across both segments stand at 331 this week — 192 attached and 139 detached — nearly unchanged from 332 last week. Stable inventory with diverging prices suggests the market is in a transitional phase rather than a trending correction. Neither buyers nor sellers have a commanding structural advantage at current levels, making accurate pricing and timing critical for both sides of any transaction.
Frequently asked questions
Common questions answered
What is the average home price in Port Moody in 2026?
As of the week of August 24, 2026, the median sold price for attached homes in Port Moody is $720,000 and for detached homes it is $1,750,000. These figures represent recent closed transactions and reflect current market conditions rather than list prices.
Is Port Moody a buyer’s or seller’s market in 2026?
In August 2026, Port Moody’s attached home segment favours sellers, with a 97.9% sale-to-list ratio and tightening inventory at 192 active listings. The detached segment is more balanced to slightly buyer-friendly, with a 94.9% sale-to-list ratio and a notable week-over-week price drop from $1,900,000 to $1,750,000, giving buyers more room to negotiate.
How long do homes typically sit on the market in Port Moody in 2026?
Days on market data varies by property type in Port Moody, but the current sale-to-list ratios suggest attached homes are selling quickly and close to asking price — a sign of short market times — while detached homes with a 94.9% SP/LP ratio are sitting longer and requiring more negotiation before closing. Homes priced accurately in either segment in 2026 are transacting faster than overpriced listings.
What is a good sale-to-list ratio when buying or selling in Port Moody?
A sale-to-list ratio above 100% means homes are selling over asking price, which indicates a strong seller’s market. In Port Moody as of August 2026, attached homes are selling at 97.9% of list price — very close to asking, which is typical of a competitive market. Detached homes are at 94.9%, meaning buyers are successfully negotiating about 5% below list price on average. Anything above 97% generally signals limited negotiating room for buyers.
When is the best time to buy a home in Port Moody in 2026?
Late summer and early fall can present buying opportunities in Port Moody, and the current August 2026 data supports this for detached homes specifically. With detached median prices dropping $150,000 week-over-week to $1,750,000 and a sale-to-list ratio of 94.9%, motivated sellers are more open to negotiation than they were earlier in the year. Buyers targeting attached homes face more competition and should act with urgency given the 97.9% sale-to-list ratio and tightening inventory.
Sebastian Czarkowski
REALTOR® · Royal LePage Elite West · Coquitlam, BC
Questions about buying or selling in the Tri-Cities? Reach out directly.
Data sourced from Paragon MLS® system · 24-August · For educational purposes only. Not intended as financial or legal advice.
Sebastian Czarkowski, REALTOR® | Royal LePage Elite West | sebastianrealestate.ca