Monthly Market Report
The verified Port Moody numbers from the July 2026 GVR release — and what they mean on Heritage Mountain and in Heritage Woods.
Heritage Mountain · its own benchmarks
Most sites quote City of Port Moody figures for Heritage Mountain, because that is what the monthly press release carries. The Greater Vancouver REALTORS® REALTOR® Report also breaks Port Moody down by neighbourhood. These are Heritage Mountain’s own numbers for July 2026.
Apartment had no reportable sales in Heritage Mountain this month, so GVR publishes no benchmark for it.
Source: Greater Vancouver REALTORS® REALTOR® Report — Port Moody, July 2026, neighbourhood breakdown. Sales-to-active is sales divided by active listings.
The honest answer in 30 seconds
Heritage Mountain reports inside Port Moody's July 2026 numbers: detached benchmark $1,967,700 (-4.7% YoY), townhouse $983,400 (-3.0% — the smallest decline in the city). Port Moody's detached market is loose right now (147 active listings vs 16 sales — a 10.9% sales-to-active ratio), which gives Heritage Mountain detached buyers a rare window — while family townhomes remain the city's firmest product.
Data, honestly labelled
How to read this honestly: The table below is the City of Port Moody — Heritage Mountain’s parent market — taken from the Greater Vancouver REALTORS® REALTOR® Report for July 2026. The same report also breaks the city down by neighbourhood — Heritage Mountain’s own figures appear below. The neighbourhood commentary that follows is Craig's local read of how Heritage Mountain typically trades against those city-wide figures; it is qualitative and clearly labelled as such.
Source: Greater Vancouver REALTORS® REALTOR® Report — Port Moody, July 2026; benchmark = MLS® Home Price Index. Sales-to-active is sales divided by total active listings.
Regional context — Greater Vancouver, July 2026
Metro Vancouver benchmarks, July 2026: detached $1,822,900 (-7.0% YoY) · townhome $1,030,400 (-6.0%) · condo $688,000 (-7.5%). Sales-to-active ratios: detached 10.3%, condo 14.2%, townhome 17.2%. Below ~12% sustained, prices tend to face downward pressure; 12–20% is balanced; above 20% favours sellers.
Craig's local view
Heritage Mountain is Port Moody's family-executive bench: 1990s-2000s detached homes and townhome enclaves stacked above the inlet, feeding the Heritage Woods Secondary catchment — one of the district's consistent draws. School-driven demand is the neighbourhood's floor.
The July 2026 data cuts two ways here. Detached Port Moody detached is soft this month — 16 sales against 147 active listings, a 10.9% sales-to-active ratio, below the roughly 12% mark GVR treats as balanced — so buyers who've been waiting for leverage on the mountain finally have some. Townhomes are the exact opposite: at 30.0% sales-to-active they are the tightest segment anywhere in the Tri-Cities right now, ahead of Burke Mountain (24.6%), Port Coquitlam (24.3%) and Coquitlam (19.7%), with the benchmark down just 3.0% year-over-year.
Go deeper: the Heritage Mountain guide, homes for sale, and the Port Moody city guide, and what each price band buys on the mountain.
Buyer & seller playbook
Detached leverage on the mountain is the story this month — patient buyers can negotiate. Check catchments carefully if schools are the driver (they usually are up here), and weigh strata townhome fees against detached maintenance honestly.
Detached sellers: you're one of 147 active listings against 16 monthly sales city-wide — pricing precision and presentation decide whether you transact. Townhome sellers hold the city's best hand. Get the honest number first.
General market commentary, not individual advice — your street, product type and timeline change the answer. Book a strategy call for a read on your specific situation.
Where these numbers come from. Every figure on this page is taken directly from the Greater Vancouver REALTORS® (GVR) July 2026 statistics release, published August 4, 2026.The city table is drawn from the GVR REALTOR® Report for Port Moody, July 2026; all percentage changes are year-over-year. Neighbourhood commentary is qualitative local knowledge, clearly labelled and kept separate from published figures. Benchmark prices use the MLS® Home Price Index (HPI) — a “typical home” measure that strips out mix effects, which is why it differs from average or median sale prices.
Update cadence. This report is refreshed every month when GVR publishes new data. Next expected update: August 4, 2026 (July 2026 data).
Written by Craig Johnston, REALTOR®, BC licence V99960 · The MACNABS, Royal LePage Elite West · Last updated August 8, 2026 (July 2026 data). Not financial advice; data attribution: Greater Vancouver REALTORS®.
Straight answers
The monthly REALTOR® Report breaks each city down by neighbourhood, so Heritage Mountain has its own published figures — the press release most sites quote only carries municipal numbers, which is why it is usually reported as “Port Moody.” For July 2026: detached $1,896,200 (−4.4% year over year) and townhouse $1,156,000 (+2.1%) — the full table is above.
Port Moody's July 2026 detached benchmark is $1,967,700; Heritage Mountain's executive detached stock generally trades in the upper band of the city's range, with view and greenbelt homes at the top. Townhomes benchmark at $983,400 city-wide.
The Heritage Woods Secondary catchment (with Aspenwood and Eagle Mountain feeders) is one of SD43's most consistently sought-after paths, and catchment demand puts a persistent floor under family-home values on the mountain. Verify current catchment boundaries with SD43 before writing an offer — they do change.
Monthly, from the GVR statistics release. This page reflects July 2026 data published August 4, 2026; next update follows the August 4, 2026 release.
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I have spent the last 47+ years living in Coquitlam, 9+ years on Burke Mountain, helping move-up buyers and sellers get from where they are to where they want to be — without the panic of owning two homes at once or selling under value. I work the Tri-Cities every day: Burke Mountain, Westwood Plateau, Heritage Mountain, and the rest of Coquitlam’s move-up neighbourhoods.
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