Port Moody Sales December 2020 vs 2019 - Extremely Active Market
Benchmark prices are up across the board 4.6-12.2%
Massive sales increase compared to the December 2019 market:
Detached Properties: 133.3%
Condos: 192.3%
Townhomes: 46.2%
And strong month over month sales growth compared to November 2020.
Eleventh consecutive month datached home prices have out-performed their previous years benchmark prices.
Eighth consecutive month over month increase for 2020 detached home prices;
April: $1,366,200
May: $1,405,700
June: $1,427,400
July: $1,443,600
August: $1,467,500
September: $1,484,800
October: $1,515,600
November: $1,544,300
December: $1,569,300
The average vlaue of detached propertires has increased a staggering $203,100 in eight months.
Snapshot: Extremely high number of sales, active market, and steady pricing increase
