The Numbers: Demand is Up, but New Supply is Fading

The latest data for June 2026 reveals a fascinating trend. Residential sales increased 9.6% year-over-year across the region. However, the 6% decrease in new listings suggests a growing sense of "seller fatigue." After years of market adjustments, some homeowners are becoming exhausted and are choosing to move to the sidelines rather than sell at what they perceive as discounted prices.

A Tale of Two Markets: Townhomes vs. Condos

It is vital to distinguish between property types, as the data shows a significant split in Port Moody real estate performance.

• Townhomes (The Resilient Middle): Port Moody townhomes are bucking the downward trend, with benchmark prices climbing in the last month and over the last quarter. The most active price band for attached homes is between $1 million and $1.25 million, which currently boasts a staggering 45% sales ratio.
• 
  
• The 45% Sales Ratio Caveat: To put this in perspective, a sales ratio indicates market speed. A 45% ratio means that nearly 4.5 out of every 10 homes listed in that specific category are selling each month. This is considered a significant "Sellers Market," as any ratio sustained above 20% typically puts upward pressure on prices.
• 
  
• Condos (The Buyer's Opportunity): Conversely, Port Moody condos are seeing prices grind lower. Benchmark apartment prices in the area have dipped over 5% year-over-year. This sector is currently a "Buyer's Best Bet," especially for those looking at one-bedroom properties where selection is high and competition is lower.
• 
  

Local Market Dynamics in Coquitlam and Port Coquitlam

Beyond Port Moody, your local search should include these nearby areas where inventory is currently absorbing demand:

• Port Coquitlam: The detached market remains a firm Buyers Market with a sales ratio of only 6% and benchmark prices down over 4% from last year.
• 
  
• Coquitlam: The detached market is currently Balanced with an 18% sales ratio, while the attached market sits at 20%.
• 
  

Is the Window Closing?

While regional inventory is currently 30.2% above the 10-year average—which keeps prices from spiking—this may be changing. Standing inventory is no longer climbing and is showing early signs of reversing. If the pattern of rising demand and fewer new listings continues, we may see a sustained downtrend in inventory in the coming months. If you are looking for an expert Port Moody realtor, now is the time to analyze these pockets of opportunity before the "Sideline Shift" leads to a genuine shortage. Contact Jayne or Meghan today, your neighbourhood real estate partners, to get.a personalized assessment of your home's value or a curated tour of the best valued properties in the Tri-Cities. 

---

Port Moody Real Estate Q & A: 

Q: Is it a buyers or sellers market in Port Moody right now? 

A: It depends entirely on the property type. Port Moody detached homes are firmly in a Buyers Market, while condos and townhomes are in a Balanced Market overall. However, specific pockets like townhomes priced under $1.25M are in a high-heat Sellers Market.

Q: What exactly is "seller fatigue" in the current market? 

A: Seller fatigue occurs when homeowners choose to move to the sidelines because they are unwilling to sell at current market prices. This exhaustion can eventually lead to a supply shortage if demand continues to rise while sellers opt out of the market.

Q: Why are condo prices falling while townhome prices are rising in Port Moody? 

A: Townhomes remain a scarce asset, often referred to as the "missing middle," leading to competitive sales ratios. In contrast, there is a higher volume of "generic" condos available, forcing sellers to compete more aggressively on price to find a buyer.

Q: What is the current benchmark price for a home in Port Moody? 

A: As of June 2026, the benchmark price for a detached home in Port Moody is $1,947,300, townhomes are $993,800, and condos are $698,300.

Q: Should I wait to buy a home in Coquitlam or Port Coquitlam? 

A: Currently, inventory is 30.2% above the seasonal average, which has kept prices stable. However, with new listings falling 6% year-over-year, we may be at the start of an inventory reversal, meaning the current selection may dry up later this year.