Coquitlam Market Reports and Forecasts   Previous Reports 

Coquitlam Market Update
Burke Mountain, Central Coquitlam, Coquitlam West, Maillardville, Westwood Plateau and all the sub-areas of Coquitlam Real Estate Market Update Report.

Current: Coquitlam's 16 %SOLD Rate indicates a Sellers Market.  
                (This means 16 homes out  of 100 sold last month with an Average  $90,000 Discount from the Original List Price)

Most Active Range:  Homes below $1.45 mill. have a 31.5 %SOLD rate.
Least Active Range: Homes between $2.1 mill. - $2.5 mill. have 7.3 %SOLD rate.

History: The Coquitlam Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $268,186.
                The Coquitlam Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $112,163.
                        *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Coquitlam has a normal Listing supply; 224 homes are for sale. With the 16 %SOLD Monthly Rate (STR)  gives us ~6 months of inventory. 12% of the Active Listings have reduced their price by $115,035 on Average or $100,000 Median. We project Coquitlam Detached now in a Sellers Market.

Greater Vancouver September 2022:

In September, 86% of the Vancouver Real Estate Detached Markets' monthly prices decreased by ($27,946) on average; that's a 13% decline from last month's drop of $21,611. On the other hand, the Fraser Valley home prices dropped even more to ($45,444) on average. We are seeing continued downward pressures due to the increasing interest rates, high inflation, and stock market jitters. We are forecasting that the majority of the Metro Vancouver Markets will continue to be in a Buyer's Market for the next 6 months.

Currently, Both the Condo Markets and Townhouse Markets are also in a Buyer's Market, with an Average Price decrease of ($6,326) and ($13,326) respectively. We analyze and provide 97 individual City's Home Price Indexes to supply you with the MOST ACCURATE Market Trends every Saturday. 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 Neighborhood.

Fraser Valley September 2022:

The Fraser Valley Real Estate Market shows that 94% of the Detached homes' monthly prices decreased in September by ($45,444) on average. This is the 2nd lowest price change we've seen on Record for the month of September. We are seeing continued downward pressures due to the increasing interest rates, high inflation, and stock market jitters. We are forecasting that the majority of the Fraser Valley Markets will continue to be in a Buyer's Market for the next 6 months.

Currently, Both the Condo Markets and Townhouse Markets are also in a Buyer's Market, with an Average Price Decrease of ($6,326) and ($13,326) respectively. We analyze and provide 97 individual City's Home Price Indexes to supply you with the MOST ACCURATE Market Trends every Saturday. 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 Neighborhood.

  Vancouver and FV Market Reports and Forecasts

  Developers, Investors, Realtors or Financial Advisers.

• Now you can be informed of the market changes as they happen.
  • Now you can receive bi-monthly updates.=
     
• Each month we analyze the Real Estate Supply and Demand for 22 cities in the lower mainland: Vancouver to Chilliwack and we make the forecasts for the following month or more.

   Membership   Free,                 (Sponsored Realtors  Click here )

This is a free service to over 5 million viewers today!!! (