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.

Sept 1, 2020

gas gauge

Current: Pt Coquitlam's 33 %SOLD rate indicates a Seller Market. 
                      (This means 33 homes  out  of 100 sold with an average $2,450  surplus from the original list price). 

Most Active Range: Homes between $875,000 - $950,000 have 51.9 %SOLD rate.   
Least Active Range: Homes above $1.2 mill. have 20.9 %SOLD rate.

History: Port Coquitlam Year-To-Date RMR Home Price Index* shows that prices increased $1.
                *The RMR HPI (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Port Coquitlam has Average Listing supply; 74 homes are for sale and with the 33 %SOLD Monthly rate gives us a  ~3 months of inventory. 8% of the active listings have reduced their price by $31,359 on average and $27,451 on median. We project Port Coquitlam to be a continued Seller Market.

August's Real Estate Statistics shows that 97% of Single-Family Homes in Metro Vancouver are in a Seller's Market. The Average Monthly Prices increased $5,594 which is the highest increase we have seen this year or for any August on record. On the Other hand, All Fraser Valley Detached Markets went up this month with $4,373 monthly price increase on average. Thus, we are forecasting that in the Metro Vancouver Markets will Seller's Market continue for the coming month.

Currently, Condos are also in a Seller Market with 90% of the Greater Vancouver (Lower Mainland) Condo Prices increasing. On average, the Condo Market went up $1,036. At the same time, the Townhouse Markets increased $1,885. That is 23 out of 28 Markets increased (83%). We analyze and provide 97 individual City's Home Price Indexes to supply you 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.

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.

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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