Port Moody Condo Market Report – May 2020

Q: How many homes sold in Port Moody in May 2020?

7 condo properties sold in Port Moody during May 2020 based on MLS® records. There were 45 active listings at the start of the month. A total of 40 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 May 2020 was $785,843. Sold prices ranged from $499,900 to $1,410,000. Data is sourced from MLS® board records.

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

In May 2020, condo properties in Port Moody averaged 13 days on the market before selling. With an absorption rate of 15.6%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

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

Year-over-year comparison data is not available for Port Moody in May 2020. Browse the monthly archive to track price trends over multiple years for this area. 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.

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Units Sold

$785,843

Avg Sold Price

13d

Avg Days on Market

Balanced Market

Market Condition

45 active at start of month 40 new listings Absorption rate: 15.6% Highest sold: $1,410,000 Lowest sold: $499,900

How Does May 2020 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2020 (this report)	7	$785,843	13d

3-Year Price Trend — Port Moody Condo

The Port Moody condo real estate market was a Balanced Market in May 2020, with 45 active listings at the start of the month, 7 properties sold, an average sold price of $785,843, properties averaging 13 days on market, an absorption rate of 15.6%. All data is sourced from MLS® sold records.

Recently Sold in Port Moody

200 Westhill Place

Sold $311,234

1 bd • 1 ba • Apartment

290 Newport Drive

Sold $785,000

2 bd • 2 ba • Apartment

651 Nootka Way

Sold $815,000

2 bd • 2 ba • Apartment

220 Newport Drive

Sold $710,000

2 bd • 2 ba • Apartment

101 Morrissey Road

Sold $695,000

2 bd • 2 ba • Apartment

125 Albert Street

Sold $834,000

2 bd • 2 ba • Apartment

Active Listings in Port Moody

110 Brew Street

$859,900

2 bd • 2 ba • Apartment

220 Newport Drive

$745,000

2 bd • 2 ba • Apartment

3229 St Johns Street

$1,089,900

3 bd • 2 ba • Apartment

801 Klahanie Drive

$669,900

2 bd • 2 ba • Apartment

55 Klahanie Drive

$798,000

2 bd • 2 ba • Apartment

3229 St Johns Street

$840,000

2 bd • 2 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 May 2020

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

In May 2020, the Port Moody condo real estate market is classified as a Balanced Market with an absorption rate of 15.6%. The market in Port Moody is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Port Moody in May 2020? +

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: 06/04/2026 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.