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Port Moody Real Estate Value Statistics

Get statistics, sold listings, values and more in Port Moody.

As of April, 2019, there are 212properties for sale, with an average of$1,138,384. Last Month 11properties were sold, for 11below list price, 0above list price.

Port Moody is a city in Metro Vancouver and the smallest city in what is known as Tri-Cities: Coquitlam, Port Coquitlam and Port Moody. The city is bordered by Burnaby on the west and Coquitlam on the east and south and is located at the end of the Burrard Inlet. Port Moody is also known as "City of the the Arts" and considered as a perfect destination for artists because of its scenic views and diverse facilities for arts.

Port Moody Market Summary

There are currently  properties for sale on the market in Port Moody, with a price range of $ -$

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Demographics

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33,551Population
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83.5 yearsLife Expectancy
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67.1 %Employment Rate
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5.2 %Unemployment Rate
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$98,945.00 Average Household Income
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Neighbourhoods

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Information

history

For the past 8,000 years, the Squamish, Musqueam and other Coast Salish people inhabited the area to hunt and fish salmon runs. In the rise of Fraser River Gold Rush in mid-19th century, Port Moody became a vital link to access inland territories and once considered to be the provincial capital but rejected due to the geographical features of New Westminster as defense for potential invasion of Americans from the south. The growth on the economy starts when Port Moody was designated as the Canadian Pacific Railway's western terminus in 1879. When the terminus was built in Vancouver in 1887, Port Moody shift its focused to improve the logging industry through the early decades of 1900s. The City of Port Moody was incorporated in April 7, 1913. As of 2016, the City of Port Moody has a population of 33,551 with a land area of 25.89km2. (Statistics Canada, 2016 Census of Population)

lifestyle

Port Moody is a community where you can find art in almost everywhere in a variety of forms. From the natural settings to urban spaces and buildings, this city's unique environment let people appreciate art even more. Port Moody Art Centre's four separate galleries holds exhibits that gives opportunities to local and international artists to showcase their talent in almost 50 juries shows a year. The art centre also offers extensive arts education programming that contributes to the growing art community of the city. Port Moody also being a compact business district has variety of shop and places that offers first-class dining experiences that are located within the city. From waterfront restaurant to local restaurants, cafe and pubs, people will definitely find a place to grab a bite to eat.

culture

To commemorates the city's historical ties to Canadian Pacific Railway and the Confederation of Canada, the City of Port Moody celebrates the Golden Spike Days Festivals at Rocky Point Park. This signature event was held annually in early July and transforms the park into a glorious family melee of open-air entertainment and tents. Other festivals and events that reflects the city's history and culture are Fingerling Festival, Canada Day celebrations, RibFest, Summer Sunday Concerts, and Ioco Ghost Town Day. To learn more about the heritage and history of Port Moody, peple can visit the Port Moody Station Museum. The museum is owned and operated by Port Moody Heritage Society. It displays the historical artifacts and railway paraphernalia that shows the role of the station in the community and the early development of Port Moody.

climate

Same as Vancouver, Port Moody experience mild climate given that it also lies in a coastal temperate rainforest zone. The city enjoys 2,000 hours of sunshine annually and the average annual rainfall is 163cm/16in. Snow tends to melt within a few days.

education

The School District 43 serves the Tri-Cities that includes the city of Coquitlam, Port Coquitlam and Port Moody. The school district administered seven elementary schools, two middle schools and two high schools within the city of Port Moody. Post-secondary institutes that are close to the city are Simon Fraser University that is located in nearby Burnaby and Douglas College that has a campus in Coquitlam.

health care

Eagle Ridge Hospital (ERH) is located in the City of Port Moody, on the Coquitlam/Port Moody border. ERH opened in 1984 and operated by the Fraser Health Authority (FHA). It offers residents wide range of health care services like 24-hour emergency department, ambulatory, long-term care and acute care programs. It is considered to be the Centre of Excellence for elective surgery for urology, gynaecology, plastics and orthopedics.

transportation

Getting around the city is easy and convenient. Public transit system including commuter rail and buses are available for commuters. Community shuttles and buses that travel within Port Moody, and between Port Moody and neighbouring cities are operated by TransLink. The Moody Centre Station has a bus exchange that provides easy access to SkyTrain. The Millennium Line's Evergreen Extension connects Port Moody and Coquitlam in the east. West Coast Express, a commuter rail service has a station in Port Moody located also at Moody Centre Station. The government of Port Moody also encourage its residents to explore the city by walking and biking since there are number of pedestrian lanes and bicycle lanes within the city.

economy

After the terminus of Canadian Pacific Railway was moved to Vancouver, Port Moody shift from being a deep-sea bulk loading terminal to large wood products manufacturer. From 1887 to early decades of 1900s, logging became the economic lifeblood of Port Moody. An oil refinery was also established in the city in 1915 - the Imperial Oil Company, now known as Esso. Through the years, Port Moody focuses on industries that includes home-based businesses, crafts and cultural businesses, health and social services, and light industry. In recent years, the art and culture sector became the focus of Port Moody's economic development. Arts and culture industry provides about 6% of employment in Port Moody, justifying the city's official trademark: "City of the Arts".

employment

The city's employment rate reached 67.1% on 2016 Census, while the City of Port Moody's average household income is $98,945, 26.5% higher compare to $78,227 of BC based on CensusPlus, 2011.

recreation

The small community of Port Moody gives a soft, wilderness edge to some of Metro Vancouver's urbanized communities due to its impressive natural setting. The city is the home of forested parklands that offers variety of outdoor activities and recreational programs. The most well-known park in the city is the Rocky Point Park, it has 3.8 hectares of space and has a variety of amenities that includes hiking and cycling trails, skateboard park, boat lauch, and swimming pool and splash pads. Mountain bikers can enjoy the extensive trails along the old logging roadbeds in the Bert Flinn Park. Summers will never be unexciting because of the sandy beach with picnic shelter and playground in the quiet Old Orchard Park. Other recreation area includes Belcarra Provincial Park, known for its network of hiking trails and White Pine Beach, and Buntzen Lake Recreation Area, a popular destination for activities like boating, fishing and hiking.

sports

Port Moody's Recreation Complex is a recreational centre that provides amenities complete with 2 state-of-the-art gymnasiums, an athelete's lounge, spin studio and aerobics studio, an indoor walking and running track, hot tub and steam room, a curling rink, and an Olympic size ice rink. Port Moody also owns the Civic Centre Complex, a recreational centre that offers urban amenities to residents and visitors of Port Moody. These recreational facilities offers programs that promotes healthier lifestyle by making the community engaged in sports and recreational activities.

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