If you’re watching the Tri-Cities and feeling unsure… you’re not alone.
We’re hearing it often. More inventory, longer timelines, and questions around whether pricing has stabilized.
Here’s the key shift:
This is no longer a speed-driven market. It’s a positioning market.
Across Port Moody, we’re seeing a clear pattern. Inventory is rising, prices have adjusted, and buyers are taking more time to decide. That combination changes how you approach both buying and selling.
What the numbers are showing (March 2026)
Pulled from Greater Vancouver REALTORS® data:
- Detached homes
- Benchmark price: $1,976,600 (↓ 5.9% year-over-year)
- Days on market: 41 days (up from 31)
- Condos
- Benchmark price: $702,100 (↓ 4.7%)
- Sales: up 21.4% year-over-year
- Townhomes
- Benchmark price: $961,100 (↓ 4.6%)
- Sales: up 30% year-over-year
What stands out:
- Attached homes are still moving
- Detached is slower and more price-sensitive
- Time on market has increased across the board
What this means in real terms
If you’re buying
- You have more choice and time to think
- But the best homes are still selling with competition
- Strategy matters more than speed
If you’re selling
- Pricing is your leverage, not your fallback
- Buyers are comparing more than ever
- First impressions matter more than timing the “perfect week”
The plan (how we’re advising clients here)
- Price with intent
Not based on last year. Based on today’s competing inventory. - Prepare for a two-week window
Most serious activity still happens early. That window needs to be strong. - Watch the product type shift
Townhomes and condos are carrying more momentum right now.
What I’d watch for right now
- Risk: Sitting too high and chasing the market down
- Safeguard: Review active listings weekly, not just sold data
- Question to ask: “What else would a buyer choose instead of my home today?”
The takeaway
Two things can be true.
Prices have softened, and opportunity has opened.
If you’re planning a move in the Tri-Cities, the advantage goes to those who are clear, prepared, and realistic about positioning.
If this is you
- Upsizing or moving within the Tri-Cities: timing your sale and purchase matters more than ever
- First-time buyer: this is one of the more forgiving entry points we’ve seen in recent years
Investor or long-term holder: slower markets reward careful selection, not urgency
Market conditions can vary by property type and micro-location, so decisions should always be based on current comparable listings, not just headline trends. Contact Zahra directly for a more targeted consultation tailored to your timeline and goals.
Zahra Damjanovic
604-377-1299