May 1, 2024
![gas gauge](http://coughlinteam.com/intranetimages/coughlinteam/users/1/buy-sell-17.gif) |
Current: Coquitlam's 17 %SOLD Rate indicates a Seller Market.
(This means 16 homes out of 100 sold last month with an Average $9,500 Discount from the Original List Price)
Most Active Range: Homes between $1.45 mill.-$1.9 have a 32.3 %SOLD rate.
Least Active Range: Homes above $3.0 mill. have 3.7 %SOLD rate.
History: The Coquitlam Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $119,829.
The Coquitlam Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices decreased $17,222.
*The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.
Forecast: Coquitlam has a normal Listing supply; 352 homes are for sale. With the 17 %SOLD Monthly Rate (STR) gives us ~6 months of inventory. 10% of the Active Listings have reduced their price by $105,331 on Average or $98,950 Median. We project Coquitlam Detached now in a Seller Market.
Greater Vancouver June 2024:
In Greater Vancouver, the price of single-family homes went up by an average of $9,848, which is a substantial reduction from the $22,450 increase in May. The housing market continues to experience pressure as home buyers are still waiting for a bigger drop in interest rates, which we are now expecting this fall. We predict that the Metro Vancouver area is now a buyer's market and will stay that way for the next few months.
Last month, the average price of condos went down by $7,295, but townhouse prices actually went up by $2,120. We think the condo and townhouse markets have stabilized and will be a buyer's market in Vancouver for the next few months.
For the latest market trends, join us every Saturday at noon on VancouverMarketReports.com. We discuss which areas in the Lower Mainland are doing well and which are not. For a complete update on market values, forecasts, and a detailed analysis of your neighborhood, contact Bill Coughlin and the Coughlin Team at 778-374-3744.
Fraser Valley June 2024:
In Fraser Valley, the price of single-family homes increased by an average of $1,063, which is a similar increase that we saw in May. The housing market continues to experience pressure as home buyers are still waiting for a bigger drop in interest rates, which we are now expecting this fall. We predict that the Fraser Valley area is now a buyer's market and will remain so for the next few months.
Last month, the average price of condos went down by $5,499, and townhouse prices also decreased by $2,253. We think the condo and townhouse markets have stabilized and will be a buyer's market in Vancouver for the next few months.
For the latest market trends, join us every Saturday at noon on VancouverMarketReports.com. We discuss which areas in the Lower Mainland are doing well and which are not. For a complete update on market values, forecasts, and a detailed analysis of your neighborhood, contact Bill Coughlin and the Coughlin Team at 778-374-3744.
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We thank Bill Coughlin for their support of these Coquitlam Real Estate Market Updates which include sub-areas such as Coquitlam West, Maillardville, Westwood Plateau, Burke Mountain, Central Coquitlam etc. Contact Bill and the Team as the Local Experts.... more details.
![These Coquitlam Real Estate update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.](intranetimages/coughlinteam/users/5376/RMR.RFL.CoquitlamSTR.gif)
![These Coquitlam Real Estate update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.](intranetimages/coughlinteam/users/5376/RMR.RFL.CoquitlamPriceRange.gif)
![These Coquitlam Real Estate update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.](intranetimages/coughlinteam/users/5376/RMR.RFL.CoquitlamNeighbourhoods.gif)
![These Coquitlam Real Estate update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.](intranetimages/coughlinteam/users/5376/RMR.RFL.CoquitlamForecast.gif)
Download the full Coquitlam.Marketupdatereport.PDF
![These Coquitlam Real Estate update includes the sub areas Coquitlam West, Burke Mountain, Central Coquitlam, Westwood Plateau, Maillardville etc.](/intranetimages/coughlinteam/users/5376/RMR.RFL.CoquitlamHPIpTop.gif)
![These Coquitlam Real Estate update includes the sub areas Coquitlam West, Burke Mountain, Central Coquitlam, Westwood Plateau, Maillardville etc.](/intranetimages/coughlinteam/users/5376/RMR.RFL.CoquitlamListingsTop.gif)
![These Coquitlam Real Estate update includes the sub areas Coquitlam West, Burke Mountain, Central Coquitlam, Westwood Plateau, Maillardville etc.](/intranetimages/coughlinteam/users/5376/RMR.RFL.CoquitlamHPIpLower.gif)
![These Coquitlam Real Estate update includes the sub areas Coquitlam West, Burke Mountain, Central Coquitlam, Westwood Plateau, Maillardville etc.](/intranetimages/coughlinteam/users/5376/RMR.RFL.CoquitlamListingsLower.gif)
This Coquitlam Real Estate Market update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.
![](https://vancouvermarketreports.com/intranetimages/coughlinteam/users/1/MTI.STR.Current.Headerb.gif)
Click Image to compare previous STR/ MTI graphs
Trying to do the math? Lessons: STR MTI
![Ladner, South Delta, Real Estate Market Update Report](https://vancouvermarketreports.com/intranetimages/coughlinteam/users/5376/MTI.STR.current.jpg)
![](https://vancouvermarketreports.com/intranetimages/coughlinteam/users/5376/STR.Current.png)
Coquitlam Market Reports and Forecasts
Real Estate Market Analysis 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](/intranetimages/coughlinteam/users/5376/STR.Coquitlam.jpg)
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