Market Report

Port Coquitlam

August 2024

Sources: Real Estate Board of Greater Vancouver, Commercial Edge; Canadian Real Estate Association, MLS®; Altus Group; Statistics Canada; Landcor; RealNet.

Disclaimer: Data has been obtained from sources considered to be reliable as of the Report Date. However, no representation or warranty, expressed or implied, is made as to the accuracy of any of the information, projections or conclusions contained herein, and the same is submitted subject to errors and omissions, without any obligation to up date or correct.

Port Coquitlam Houses Townhomes Condos

Summary

Klein Reports 2024

Residential City Market Reports

Neighbourhoods Statistics

Account Benefits

Port Coquitlam Specialists

Chris Di Fazio PREC*

Text Call

Olga Tarasenko

B.Ling (BACHELOR OF LINGUISTICS), DIBM

Text Call

Port Coquitlam Overview

Sales-to-Active Ratio

Single Family Houses

5%

Buyers Market

Single Family Townhouses

19%

Buyers Market

Single Family Condos

23%

Buyers Market

HPI Benchmark Price (Average Price)

Houses

$1,421,667

-3.8%

Lower Than Last Month

July 2024

1.5%

Higher Than Last Year

August 2023

Townhomes

$863,642

-1.7%

Lower Than Last Month

July 2024

-12.6%

Lower Than Last Year

August 2023

Condominiums

$583,655

0.3%

Higher Than Last Month

July 2024

1.5%

Higher Than Last Year

August 2023

Market Share

This Month

15.0%

Single Family Houses

30.0%

Single Family Townhouses

55.0%

Single Family Condos

Last Month

39.0%

Single Family Houses

23.7%

Single Family Townhouses

37.3%

Single Family Condos

Last 12 Months

45.6%

Single Family Houses

17.5%

Single Family Townhouses

36.8%

Single Family Condos

Single Family Houses

5 Year Trend

Market Status

Buyers Market

  Port Coquitlam is currently a Buyers Market. This means that less than 12% of listings are sold within 30 days. Buyers may have a slight advantage when negotiating prices.

Buyer's Market

Balanced Market

Seller's Market

5%

Of Single Family
House Listings Sold

IN PAST 30 DAYS

125

Active Single Family
House Listings

IN PAST 30 DAYS

6

Single Family
House Listings Sold

IN PAST 30 DAYS

Summary of Sales Price Change

-4%

Lower Than
Last Month

July 2024

1%

Higher Than
Last Year

August 2023

Summary of Sales Volume Change

-74%

Lower Than
Last Month

July 2024

-77%

Lower Than
Last Year

August 2023

Sales Price

Sales-to-Active Ratio

Number of Transactions

Single Family Townhomes

5 Year Trend

Market Status

Buyers Market

  Port Coquitlam is currently a Buyers Market. This means that less than 12% of listings are sold within 30 days. Buyers may have a slight advantage when negotiating prices.

19%

Buyer's Market

Balanced Market

Seller's Market

19%

Of Single Family
Townhouse Listings Sold

IN PAST 30 DAYS

63

Active Single Family
Townhouse Listings

IN PAST 30 DAYS

12

Single Family
Townhouse Listings Sold

IN PAST 30 DAYS

Summary of Sales Price Change

-2%

Lower Than
Last Month

July 2024

-13%

Lower Than
Last Year

August 2023

Summary of Sales Volume Change

-14%

Lower Than
Last Month

July 2024

20%

Higher Than
Last Year

August 2023

Sales Price

Sales-to-Active Ratio

Number of Transactions

Single Family Condos

5 Year Trend

Market Status

Sellers Market

  Port Coquitlam is currently a Sellers Market. This means that >more than 20% of listings are sold within 30 days. Sellers may have a slight advantage when negotiating prices.

23%

Buyer's Market

Balanced Market

Seller's Market

23%

Of Single Family
Condo Listings Sold

IN PAST 30 DAYS

95

Active Single Family
Condo Listings

IN PAST 30 DAYS

22

Single Family
Condo Listings Sold

IN PAST 30 DAYS

Summary of Sales Price Change

0%

Higher Than
Last Month

July 2024

2%

Higher Than
Last Year

August 2023

Summary of Sales Volume Change

0%

Higher Than
Last Month

July 2024

5%

Higher Than
Last Year

August 2023

Sales Price

Sales-to-Active Ratio

Number of Transactions

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