Vancouver Real Estate Market Update Reports / Port Moody Real Estate Market Update Forecast Report

The Port Moody Housing Market Trends

 


  Port Moody Real Estate Market Reports and Forecasts  

Port Moody Market Update (Detached)
Belcarra, College Park PM, Barber Street, Anmore, Glenayre and all the sub-areas of Port Moody Real Estate Market Update Report.

Mar 1, 2019

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Current:  Port Moody's 10 %SOLD Rate indicates a Buyer Market. (Meaning 10 Homes out of 100 Sold Last Month with an Average $76,500 Sales Discount from the Original List price). 

Most Active Range: Homes between $1 mill. - $1.2 mill. have 37.5 %SOLD rate.
Least Active Range: Homes above 1.5 mill. have 1.7 %SOLD rate.

History: Pt Moody YTD RMR HPI* shows that prices decreased $155,397.
                  *The RMR HPI (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Port Moody has Average Listing Supply; 77 homes are for sale and with the 10 %SOLD Monthly Rate gives us a ~10 months of Inventory. We project Port Moody to continue into a Buyer Market.

February's Real Estate Statistics shows some of our Markets stabilizing with 44% of Vancouver's Detached Markets increasing values this month. Generally, Single Family Homes in Metro Vancouver experienced an Average Monthly Price decrease of $13,230 which is the same as last month's price drop of $13,255. On Average, the Fraser Valley's Market is balanced with just a $464 monthly price decrease. The following month's forecasts are continued Buyer's Detached Market across most of Vancouver and a Stable Market in the Fraser Valley.

Currently, the Condo Market presents a Cooler Market with 63% of Greater Vancouver (Lower Mainland) with decreasing prices. At the same time, 67% of Townhouse Markets are decreasing. (16 out of 28 Markets). We are forecasting a continued Buyers Market in all Condo/Townhouse Markets for the short term. We analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every 2 weeks. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighborhood.

 

We thank Bill Coughlin for their support of the Market Reports for Anmore, Glenayre, Heritage Woods PM, Port Moody Centre, Barber Street etc. We recommend that you contact Bill as the Local Expert.... more details.

Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc. stats are parts of the Port Moody and Port Moody

Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc. stats are parts of the Port Moody and Port Moody

Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc. stats are parts of the Port Moody and Port Moody

Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc. stats are parts of the Port Moody and Port Moody

Download the full PortMoody.Marketupdatereport.PDF

Port Moody and Port Moody Real Estate updates include the sub areas Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc.

Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc. stats are parts of the Port Moody and Port Moody

Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc. stats are parts of the Port Moody and Port Moody

This Port Moody Real Estate Market update includes the sub areas Belcarra, Barber Street, Mountain Meadows, Anmore, College Park PM etc.

Click Image to compare previous STR/ MTI graphs            Trying to do the math? Lessons:  STR   MTI 

Ladner, South Delta, Real Estate Market Update Report

 

 

 Port Moody 

Real Estate Market Analysis Reports Previous Reports 

This is the most accurate  %SOLD-Monthly Sell Through Rates (STR Graph)  using a 4 week time period to analysis the housing prices and Market trends. This Market Report is derived from the exact Sat to Friday 4 week time periods and this is dramatically more accurate than the month to month comparisons that vary based on actual working days eg month, weekends. These trends enable Real Estate Market predictions and forecast outlooks.

Market Update Coquitlam Port Coquitlam Port Moody  Real Estate Housing

 

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.


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