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.

Oct 1, 2021

gas gauge

Current: Port Coquitlam's 34 %SOLD rate indicates a Seller Market. 
                      (This means 34 homes  out  of 100 sold with an average $0 surplus from the original list price). 

Most Active Range: Homes between $1.0 mill. - $1.15 mill. have 76.5 %SOLD rate.   
Least Active Range: Homes above $1.4 mill. have 11.8 %SOLD rate.

History: Port Coquitlam Year-To-Date RMR Home Price Index* shows that prices increased $336,999.
                *The RMR HPI (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Port Coquitlam has Average Listing supply; 58 homes are for sale and with the 34 %SOLD Monthly rate gives us a  ~3 months of inventory. 1% of the active listings have reduced their price by $119,000 on average and $119,000 on median. We project Port Coquitlam to be a continued Seller Market.

Greater Vancouver October 2021:

The Vancouver Market Monthly Average Price increased $33,054 in October. This is the 2nd highest October price increase since 2015. Why such a strong Seller’s Market? Although the number of sales is near normal, we now have the lowest listing inventory since 2011. This lack of listings is partially due to the covid infections/lockdowns resulting in many sellers putting plans on hold. We are forecasting that the majority of the Metro Vancouver Markets will continue to be a Seller's Market in the coming months.

Currently, Condos continue to be in a Seller's Market with 67% of the Greater Vancouver (Lower Mainland) Condo Prices increasing $9,255 on average. On the other hand, 82% of the Townhouse Markets (23 out of 28) prices increased $15,199 on average. 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 October 2021:

The Fraser Valley Home Market Monthly Average Prices jumped up $40,869 on average. This is the largest October price increase we have seen in 11years. Why such a strong Seller’s Market? We now have the lowest listing inventories since 2011, 50% lower than usual. This is partially due to the covid infections/lockdowns resulting in many sellers putting plans on hold.

Currently, Condos are now in a Seller's Market with 67% of the Greater Vancouver (Lower Mainland) Condo Prices increasing $9,255 on average. On the other hand, 82% Townhouse Markets (23 out of 28) prices increased $15,199 on average. 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.

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 Port Coquitlam 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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