Real Estate Market Report for
Port Moody, BC

Updated : Aug 2016
House
  • Median price $998,888
  • Monthly growth 47.98 %
  • Quarterly trend
  • Stock on market 0.49%
Apartment
  • Median price $481,850
  • Monthly growth 1.44 %
  • Quarterly trend
  • Stock on market 0.46%
Port Moody Home Price

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When looking across the province, Port Moody is the 25th most expensive in British Columbia.

With Port Moody’s median house price at $998,888 in Aug , it is high priced compared to the rest of British Columbia.

Port Moody’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Port Moody will hopefully provide an indicator to help you where to research in-depth

The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.

Across the country as a whole, Port Moody is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

The $481,850 price tag on the median Port Moody home means that it is quite highly priced by Canadian standards.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

According to our stats, Port Moody is the neighbourhood that has the 29th most properties available to real estate investors in British Columbia.

When we look at the data we have, it can help with trying to establish whether or not Port Moody is a good investment target.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Port Moody have dried up which would tend to indicate that demand is higher than the supply of new properties.

Beds Median price (House) Median price (Apartment)
1 bedroom $313,800
2 bedrooms $649,000 $499,000
3 bedrooms $778,950 $803,950
4 bedrooms $1,318,900
5 bedrooms $1,275,000
6 bedrooms $1,543,800
Demographics
  • Population in 201132975
  • Population in 200627512
  • 2006 to 2011 population change (%)19.9
  • Total private dwellings12989
  • Private dwellings occupied by usual residents12628
  • Population density per square kilometre1273.8
  • Land area (square km)25.89
  • Age Characteristics
    Total population by age groups 32975
    0 to 4 years 2140
    5 to 9 years 1935
    10 to 14 years 2030
    15 to 19 years 2230
    15 years 435
    16 years 485
    17 years 450
    18 years 425
    19 years 435
    20 to 24 years 1890
    25 to 29 years 2045
    30 to 34 years 2305
    35 to 39 years 2830
    40 to 44 years 3090
    45 to 49 years 2990
    50 to 54 years 2745
    55 to 59 years 2070
    60 to 64 years 1670
    65 to 69 years 1155
    70 to 74 years 805
    75 to 79 years 505
    80 to 84 years 320
    85 years and over 220
    Median age of the population 38.4
    % of the population aged 15 and over 81.5
  • Marital Status
    Total population 15 years and over by marital status 26875
    Married or living with a common-law partner 16880
    Married (and not separated) 14635
    Living common-law 2250
    Not married and not living with a common-law partner 9995
    Single (never legally married) 6890
    Separated 700
    Divorced 1530
    Widowed 865
    Family Characteristics
    Total number of census families in private households 9605
    Size of census family: 2 persons 4205
    Size of census family: 3 persons 2345
    Size of census family: 4 persons 2375
    Size of census family: 5 or more persons 680
    Total number of census families in private households 9605
    Total couple families by family structure and number of children 8275
    Married couples 7150
    Without children at home 2645
    With children at home 4510
    1 child 1730
    2 children 2155
    3 or more children 625
    Common-law couples 1125
    Without children at home 755
    With children at home 365
    1 child 175
    2 children 145
    3 or more children 45
    Total lone-parent families by sex of parent and number of children 1335
    Female parent 1080
    1 child 650
    2 children 355
    3 or more children 80
    Male parent 255
    1 child 160
    2 children 80
    3 or more children 10
    Total children in census families in private households 10585
    Under six years of age 2510
    6 to 14 years 3565
    15 to 17 years 1340
    18 to 24 years 2210
    25 years and over 960
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 32840
    Number of persons not in census families 4370
    Living with relatives 600
    Living with non-relatives only 955
    Living alone 2820
    Number of census family persons 28465
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 2890
    Number of persons not in census families aged 65 years and over 835
    Living with relatives 180
    Living with non-relatives only 45
    Living alone 615
    Number of census family persons aged 65 years and over 2050
    Total number of private households by household type 12625
    Census-family households 9390
    One-family-only households 8630
    Couple-family households 7525
    Without children 3050
    With children 4470
    Lone-parent-family households 1110
    Other family households 760
    One-family households with persons not in a census family 545
    Couple-family households 410
    Without children 150
    With children 260
    Lone-parent-family households 130
    Two-or-more-family households 215
    Non-census-family households 3235
    One-person households 2820
    Two-or-more-person households 420
    Total number of occupied private dwellings by structural type of dwelling 12630
    Single-detached house 4000
    Apartment, building that has five or more storeys 1675
    Movable dwelling 10
    Other dwelling 6945
    Semi-detached house 410
    Row house 2575
    Apartment, duplex 1035
    Apartment, building that has fewer than five storeys 2915
    Other single-attached house 5
    Total number of private households by household size 12630
    1 person 2820
    2 persons 4080
    3 persons 2340
    4 persons 2420
    5 persons 745
    6 or more persons 225
    Number of persons in private households 32840
    Average number of persons in private households 2.6
Census 2011

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