port moody DETACHED - DECEMBER 2 0 2 4
SALES TO LISTINGS RATIO 12% BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 45% VS 2023
▲ 33% VS 2023
▼ 7% VS 2023
▼ 11% VS 2023
There were 68 detached listings in Port Moody in December, 24% below November and 45% higher than December 2023. December detached home sales decreased by 60% month-over-month, to 8, and were 33% above December 2023. The sales-to-listing ratio for detached in Port Moody, at 12%, reflected a buyers' market. The detached median price in December was $1,905,000, a 8% decrease from November and 11% below December 2023. The average sold price was $2,076,167, 15% below last month and down 7% to December 2023.
THIS MONTH No. $2,076,167 $1,905,000 12% 8 68
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$2,240,667 $2,142,500 13% 6 47
-7% -11% -8% 33% 45%
20 90
-15% -8% -47% -60% -24%
$2,443,275 $2,075,000 22%
▶ RATIO OF MEDIAN PRICES
▶ RECENT TRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
110
120
104
117
90
2.14
97
2.01
73
83
68
1.71
1.57
47
54
1.50
43
42
1.36
20
17
15
13
11
11
7
7
6
6
8
6
12
$2.29M
$2.22M
$2.14M
$2.05M
$2.04M $2.08M
$1.90M
$1.86M $1.89M $1.95M
$1.69M $1.70M
$1.65M
23-Dec
24-Nov
24-Dec
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY ● S-L RATIO
15
10
31%
5
20%
7%
0
<$1M
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M
$6.0M+
S-L RATIO SALES INVENTORY
2 0 n/a
2 0 n/a
16 5 31%
10 2 20%
15 1 7%
13 0 n/a
4 0 n/a
2 0 n/a
4 0 n/a
Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of January 13, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 35 ●
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