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Market Report

Port Coquitlam

October 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.

Summary

Klein Reports 2024
Residential City Market Reports
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Port Coquitlam Specialists

Port Coquitlam Overview

Sales-to-Active Ratio

Single Family Houses


3%

Buyers Market

Single Family Townhouses


3%

Buyers Market

Single Family Condos


3%

Buyers Market

HPI Benchmark Price (Average Price)

Houses

$1,269,167

-10.6%
Lower Than Last Month
September 2024
-11.8%
Lower Than Last Year
October 2023

Townhomes

$708,000

-21.0%
Lower Than Last Month
September 2024
-22.8%
Lower Than Last Year
October 2023

Condominiums

$660,500

16.1%
Higher Than Last Month
September 2024
10.6%
Higher Than Last Year
October 2023

Market Share

This Month

50.0%
Single Family Houses
16.7%
Single Family Townhouses
33.3%
Single Family Condos

Last Month

24.4%
Single Family Houses
26.7%
Single Family Townhouses
48.9%
Single Family Condos

Last 12 Months

32.7%
Single Family Houses
19.2%
Single Family Townhouses
48.1%
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.
3%

Buyer's Market

Balanced Market

Seller's Market

3%

Of Single Family 
House Listings Sold
IN PAST 30 DAYS

99

Active Single Family 
House Listings
IN PAST 30 DAYS

3

Single Family 
House Listings Sold
IN PAST 30 DAYS

Summary of Sales Price Change

-11%

Lower Than
Last Month
September 2024

-12%

Lower Than
Last Year
October 2023

Summary of Sales Volume Change

-73%

Lower Than
Last Month
September 2024

-82%

Lower Than
Last Year
October 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.
3%

Buyer's Market

Balanced Market

Seller's Market

3%

Of Single Family 
Townhouse Listings Sold
IN PAST 30 DAYS

40

Active Single Family 
Townhouse Listings
IN PAST 30 DAYS

1

Single Family 
Townhouse Listings Sold
IN PAST 30 DAYS

Summary of Sales Price Change

-21%

Lower Than
Last Month
September 2024

-23%

Lower Than
Last Year
October 2023

Summary of Sales Volume Change

-92%

Lower Than
Last Month
September 2024

-90%

Lower Than
Last Year
October 2023

Sales Price

Sales-to-Active Ratio

Number of Transactions

Single Family Condos

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.
3%

Buyer's Market

Balanced Market

Seller's Market

3%

Of Single Family 
Condo Listings Sold
IN PAST 30 DAYS

80

Active Single Family 
Condo Listings
IN PAST 30 DAYS

2

Single Family 
Condo Listings Sold
IN PAST 30 DAYS

Summary of Sales Price Change

16%

Higher Than
Last Month
September 2024

11%

Higher Than
Last Year
October 2023

Summary of Sales Volume Change

-91%

Lower Than
Last Month
September 2024

-92%

Lower Than
Last Year
October 2023

Sales Price

Sales-to-Active Ratio

Number of Transactions

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