Vancouver Real Estate Market Update Reports / Port Coquitlam Real Estate Market Update Forecast Report

The Port Coquitlam Housing Market Trends

 


  Port Coquitlam Real Estate Market Reports and Forecasts  

Port Coquitlam Market Update (Detached)
Citadel PQ, Lincoln Park PQ, Birchland Manor, Mary Hill, Glenwood PQ and all the sub-areas of Port Coquitlam Real Estate Market Update Report.

Aug 1, 2018

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Current: Pt Coquitlam's 16 %SOLD rate indicates a Sellers Market. (This means 16 homes  out  of 100 sold with an average $19,450  surplus from the original list price). 

Most Active Range: Homes between $850,000 - $900,000 have 25.0 %SOLD rate.   
Least Active Range: Homes above $1.1 mill. have 4.6 %SOLD rate.

History: Port Coquitlam Year-To-Date RMR Home Price Index* shows that prices increased $12,875.
                  *The RMR HPI (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Port Coquitlam has Average Listing supply; 147 homes are for sale and with the 16 %SOLD Monthly rate gives us a ~6 months of inventory. 22% of the active listings have reduced their price by $41,247 on average and $36,500 on median. We project Port Coquitlam to be a continued Sellers Market.

July's Real Estate Statistics shows 76% of Vancouver's Detached Markets decreased values in this last month. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price decrease of $23,555 which displays a continuous decline from $11,020 price drop we saw in the month prior. On Average, the Fraser Valley Market shows $6,842 monthly price decrease which is a minimal improvement compared with $8,889 decrease that we saw in the month prior.  With the latest trade tariffs, foreign buyer taxes, higher personal taxes, tough mortgage lending rules and the pending interest rate increase, we are still forecasting a Buyer's Market across the Detached Markets.

Currently, the Condo Market continues to present a Cooler Market with 57% of the Greater Vancouver (Lower Mainland) now decreasing. At the same time, just 39% of the Townhouse Markets are increasing (11 out of 28 Markets). Both Markets remain to signify Buyer's "Watching and Waiting" behavior which is also seen at the end of the previous quarter. We are still forecasting a Buyers Market in the lower end Condo/Townhouse Markets for the foreseeable future. We analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every 2 weeks. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighbourhood.

 

We thank Bill Coughlin for their support of the Market Reports for Birchland Manor, Glenwood PQ, Citadel PQ, Lincoln Park PQ, Riverwood etc. We recommend that you contact Bill as the Local Expert.... more details.

Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc. stats are parts of the Port Coquitlam and Port Moody

Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc. stats are parts of the Port Coquitlam and Port Moody

Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc. stats are parts of the Port Coquitlam and Port Moody

Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc. stats are parts of the Port Coquitlam and Port Moody

Download the full PortCoquitlam.Marketupdatereport.PDF

Port Moody and Port Coquitlam Real Estate updates include the sub areas Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc.

Port Moody and Port Coquitlam Real Estate updates include the sub areas Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc.

Port Moody and Port Coquitlam Real Estate updates include the sub areas Lincoln Park PQ, Barber Street, Citadel PQ, Anmore, Glenwood PQ etc.

This Port Coquitlam Real Estate Market update includes the sub areas Lincoln Park PQ, Mary Hill, Citadel PQ, Riverwood, Glenwood PQ etc.

Click Image to compare previous STR/ MTI graphs            Trying to do the math? Lessons:  STR   MTI 

Ladner, South Delta, Real Estate Market Update Report

 

 

 Port Coquitlam 

Real Estate Market Analysis Reports Previous Reports 

This is the most accurate  %SOLD-Monthly Sell Through Rates (STR Graph)  using a 4 week time period to analysis the housing prices and Market trends. This Market Report is derived from the exact Sat to Friday 4 week time periods and this is dramatically more accurate than the month to month comparisons that vary based on actual working days eg month, weekends. These trends enable Real Estate Market predictions and forecast outlooks.

Market Update Coquitlam Port Coquitlam Port Moody  Real Estate Housing

 

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Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.
 

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