Port Moody Condo Market Report – June 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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25
Units Sold
$677,480
Avg Sold Price
17d
Avg Days on Market
Strong Seller's Market
Market Condition
65 active at start of month 73 new listings Absorption rate: 38.5% Highest sold: $1,475,000 Lowest sold: $320,000

How Does June 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
June 2020 (this report) 25 $677,480 17d
May 2020 month prior 1 +2400% $721,000 -6% 3d +466.7%

3-Year Price Trend — Port Moody Condo

The Port Moody condo real estate market was a Strong Seller's Market in June 2020, with 65 active listings at the start of the month, 25 properties sold, an average sold price of $677,480, properties averaging 17 days on market, an absorption rate of 38.5%. 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 June 2020

In June 2020, the Port Moody condo real estate market is classified as a Strong Seller's Market with an absorption rate of 38.5%. It is currently a strong seller's market in Port Moody, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

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.

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