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Port Moody is not one market. It is six.

Port Moody neighbourhoods moved in opposite directions in the first half of 2026, from a 9% gain to a 10% decline. A breakdown of every segment using Tri-Cities MLS data.

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 Tri-Cities MLS sale from January 2025 through June 2026 and broke Port Moody 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

Figure 1 · Six-month price change by neighbourhood and home type

One city, six different markets

Change in median sold price by Port Moody segment, first half 2025 to first half 2026Heritage Woods townhouses rose 9.2 percent and Heritage Woods detached rose 5.2 percent, while College Park townhouses fell 10.5 percent and Port Moody Centre condos fell 9.7 percent.Heritage Woods townhouse+9.2%10 sales then, 17 nowHeritage Woods detached+5.2%10 sales then, 12 nowNorth Shore condo+0.3%26 sales then, 27 nowPort Moody Centre townhouse-5.0%25 sales then, 15 nowPort Moody Centre condo-9.7%101 sales then, 113 nowCollege Park townhouse-10.5%19 sales then, 17 nowno change
Price up Price down
Median sold price, first half 2025 compared with first half 2026. Segments shown had at least ten sales in each period. Smaller segments move more on a single unusual sale, so treat Heritage Woods as directional rather than precise. Source: Tri-Cities MLS records.

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 unit size and lets you compare neighbourhoods honestly. Here is where every Tri-Cities condo market sat over the past twelve months.

Figure 2 · What your money actually buys

Median condo price per square foot, July 2025 to June 2026

Median condo price per square foot by neighbourhood, July 2025 to June 2026Coquitlam West is highest at 870 dollars per square foot. Port Moody Centre is 821, North Shore Port Moody 725 and College Park 551.Coquitlam West$870805 sq ft for $700kPort Moody Centre$821855 sq ft for $700kNew Horizons$774905 sq ft for $700kNorth Coquitlam$736950 sq ft for $700kNorth Shore Pt Moody$725965 sq ft for $700kWestwood Plateau$7001,000 sq ft for $700kCentral Coquitlam$6601,060 sq ft for $700kCentral Pt Coquitlam$6511,075 sq ft for $700kCanyon Springs$6011,165 sq ft for $700kGlenwood$5691,230 sq ft for $700kCollege Park$5511,270 sq ft for $700k
Port Moody Other Tri-Cities
Median sold price per square foot for apartments, July 2025 through June 2026, neighbourhoods with at least fifteen sales. Source: Tri-Cities MLS records.

Port Moody Centre is the second most expensive condo market in the Tri-Cities, behind Coquitlam West. That premium buys Rocky Point, the Shoreline Trail, the brewery row and a SkyTrain station. Whether that is worth roughly 12 percent more per square foot than North Coquitlam is a personal question, but it is a much more useful question than asking whether prices are up or down.

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.

Figure 3 · The ladder got easier at the bottom, harder at the top

Median sold price by home type, first half 2025 vs. first half 2026

Median sold price in Port Moody by home type, first half 2025 versus first half 2026Condos fell from 765,000 to 702,500. Townhouses fell from 1,052,500 to 959,500. Detached was flat at about 1.86 million.$765,000$702,500Condo$1,052,500$959,500Townhouse$1,860,000$1,858,000Detachedfirst half 2025first half 2026
Median sold price by home type in Port Moody. Based on 130 and 148 condo sales, 74 and 64 townhouse sales, and 62 and 56 detached sales across the two periods. Source: Tri-Cities MLS records.

Condos fell about 8 percent and townhouses about 9 percent, but detached stayed flat. 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.

Figure 4 · Port Moody is running cooler than the region

Sales-to-active-listings ratio, June 2026

Sales to active listings ratio, June 2026Metro Vancouver was 14.6 percent while Port Moody was 12.4 percent, Coquitlam 12.1 percent and Port Coquitlam 11.7 percent.12% = downward price pressureMetro Vancouver14.6%Port Moody12.4%Coquitlam12.1%Port Coquitlam11.7%
Port Moody Other Tri-Cities / region
June 2026. Metro Vancouver figure published by Greater Vancouver REALTORS. Tri-Cities figures calculated from MLS records and may differ slightly from board methodology.

Every Tri-Cities municipality is sitting at or just above the 12 percent line, 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 pricing 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.

Request your neighbourhood breakdown
P&L

Paul Bennett & Leilani Fong

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: Tri-Cities MLS sales records, January 2025 through June 2026, and the Greater Vancouver REALTORS June 2026 statistics package. 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 are licensed REALTORS with eXp Realty Canada.

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