As the spring market unfolds, real estate activity in Port Moody and Coquitlam shows signs of balance — offering opportunity for buyers while putting pressure on sellers to price their homes accurately right from the start.
Let’s break down the latest stats and what they really mean for you.
🏡 Detached Homes: Bigger Homes, Slightly Lower Prices
Detached homes in both Port Moody and Coquitlam have seen modest price declines compared to last year:
Port Moody: $2,060,600 (down 4.1%)
Coquitlam: $1,792,100 (down 3.0%)
For sellers, the message is clear: pricing your home correctly out of the gate is critical. Buyers are cautious and inventory is up — meaning homes that are overpriced are simply sitting.
🏘️ Townhomes: Holding Strong
Townhomes remain a popular choice for families and downsizers alike. Prices have stayed relatively flat:
Port Moody: $1,043,800 (down just 0.3%)
Coquitlam: $1,081,400 (up 0.1%)
Townhomes continue to offer that “just right” mix of space, convenience, and value — and they’re proving to be a resilient segment.
🏢 Condos: More Options, Softer Prices
The condo market is giving buyers plenty of options right now, with more listings available and slightly lower prices:
Port Moody: $734,900 (down 0.9%)
Coquitlam: $729,100 (down 3.4%)
This is a great entry point for first-time buyers or those looking to invest, with inventory levels giving buyers breathing room to choose wisely.
🔍 What It All Means
The current market is balanced, but inventory is building. Sellers who want results must price sharply from day one. Gone are the days of testing the market at inflated numbers — today’s buyers are informed and patient.
At the same time, buyers have a real chance to find a home that fits, without the chaos of bidding wars.
Curious what your home is worth or what you can afford in this market?
📩 Reach out — our team is here to walk you through every step.
#ListWithApex #BuyWithApex #CoquitlamRealEstate #PortMoodyHomes #ApexRealEstateGroup
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.