Commentary
What this actually means
PoCo is still the affordability door into the Tri-Cities. A detached benchmark of $1,240,600 sits roughly $344K below Coquitlam ($1,584,400) and $663K below Port Moody ($1,903,500) — that gap is the whole PoCo story, and it's why first-time detached buyers and young families keep landing here.
Detached is balanced, not crowded: 170 active listings against 26 sales is a 15.3% sales-to-active ratio, which GVR’s scale reads as a balanced market. Buyers have choice, but well-priced homes are selling. Townhomes are tighter at 20.6% sales-to-active — family-sized three-bedroom product remains in demand. Apartments are the soft segment at 8.6%.
Condos took the deepest price hit (-9.0% YoY, the steepest apartment decline in the Tri-Cities) — which cuts both ways: harder on sellers, an opening for buyers priced out a year ago. Area context: moving to Port Coquitlam and PoCo homes for sale.