Port Moody Condo Market Report – February 2024

Q: How many homes sold in Port Moody in February 2024?

27 condo properties sold in Port Moody during February 2024 based on MLS® records. There were 739 active listings at the start of the month. A total of 34 new listings came to market during the month.

Q: What is the average home price in Port Moody?

The average condo sold price in Port Moody in February 2024 was $770,063. Sold prices ranged from $612,000 to $1,350,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Port Moody?

In February 2024, condo properties in Port Moody averaged 26 days on the market before selling. With an absorption rate of 3.7%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Port Moody market changed compared to last year?

The average condo sold price in Port Moody in February 2024 was $770,063, up 3.5% year-over-year compared to February 2023 ($744,363). Sales volume was down 10% compared to the same month last year. Data is sourced from MLS® sold records.

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.

← January 2024 Next month →

Units Sold

$770,063

Avg Sold Price

26d

Avg Days on Market

Buyer's Market

Market Condition

739 active at start of month 34 new listings Absorption rate: 3.7% Highest sold: $1,350,000 Lowest sold: $612,000

How Does February 2024 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
February 2024 (this report)	27	$770,063	26d
January 2024 month prior	15 +80%	$714,760 +7.7%	22d +18.2%
February 2023 year ago	30 -10%	$744,363 +3.5%	—

3-Year Price Trend — Port Moody Condo

The Port Moody condo real estate market was a Buyer's Market in February 2024, with 739 active listings at the start of the month, 27 properties sold, an average sold price of $770,063, properties averaging 26 days on market, an absorption rate of 3.7%. All data is sourced from MLS® sold records.

Recently Sold in Port Moody

285 Newport Drive

Sold $509,000

1 bd • 1 ba • Apartment

110 Brew Street

Sold $818,000

2 bd • 2 ba • Apartment

400 Capilano Road

Sold $765,000

2 bd • 2 ba • Apartment

125 Albert Street

Sold $799,900

2 bd • 2 ba • Apartment

2002 St. George Street

Sold $785,000

3 bd • 2 ba • Apartment

295 Guildford Way

Sold $1,090,000

2 bd • 2 ba • Apartment

Active Listings in Port Moody

301 Capilano Road

$899,900

2 bd • 2 ba • Apartment

2525 Clarke Street

$479,000

1 bd • 1 ba • Apartment

3001 Terravista Place

$647,000

2 bd • 2 ba • Apartment

100 Capilano Road

$724,000

2 bd • 2 ba • Apartment

3131 Murray Street

$578,000

1 bd • 1 ba • Apartment

83 Moody Street

$619,999

1 bd • 1 ba • Apartment

Top Buildings in Port Moody

Flavelle Oceanfront Development

3,397 units

Westport Village

418 units

50 Electronic Avenue

358 units

Suter Brook Village

290 units

Sonrisa

280 units

Sonrisa

280 units

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Port Moody specialist

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Related: Port Moody Condo Archive → Live Market Stats → All BC Reports →

Frequently Asked Questions — Port Moody February 2024

Is it a good time to buy in Port Moody? −

In February 2024, the Port Moody condo real estate market is classified as a Buyer's Market with an absorption rate of 3.7%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Port Moody in February 2024? +

What is the average home price in Port Moody? +

How long are homes sitting on the market in Port Moody? +

How has the Port Moody market changed compared to last year? +

Last Update: 06/13/2026 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.