Port Moody Condo Market Report – August 2020

Port Moody is an active condo market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Port Moody based on MLS® data.

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35
Units Sold
$576,758
Avg Sold Price
31d
Avg Days on Market
Seller's Market
Market Condition
137 active at start of month 44 new listings Absorption rate: 25.5% Highest sold: $790,000 Lowest sold: $406,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 35 $576,758 31d
July 2020 month prior 38 -7.9% $625,480 -7.8% 26d +19.2%

3-Year Price Trend — Port Moody Condo

The Port Moody condo real estate market was a Seller's Market in August 2020, with 137 active listings at the start of the month, 35 properties sold, an average sold price of $576,758, properties averaging 31 days on market, an absorption rate of 25.5%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Port Moody specialist
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Frequently Asked Questions — Port Moody August 2020

In August 2020, the Port Moody condo real estate market is classified as a Seller's Market with an absorption rate of 25.5%. It is currently a seller's market in Port Moody. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/04/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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