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.

Jun 1, 2024

gas gauge

Current: Port Coquitlam's 18 %SOLD rate indicates a Seller's Market. 
                      (This means 18 homes out of 100 sold with an average $29,950 decrease from the original list price). 

Most Active Range: Homes below $1.3 have  45.5 %SOLD rate.   
Least Active Range: Homes above $1.75 mill. have 7.9 %SOLD rate.

History: Port Coquitlam Year-To-Date RMR Home Price Index* shows that prices inccreased $34,922.
                *The RMR HPI (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Port Coquitlam has Average Listing supply; 130 homes are for sale and with the  18 %SOLD Monthly rate gives us a  ~ 6 months of inventory. We project Port Coquitlam to be a continued Seller Market. 10% of the active listings have reduced their price by $105,545 on average and $100,000 on median.

Greater Vancouver June 2024:

In Greater Vancouver, the price of single-family homes went up by an average of $9,848, which is a substantial reduction from the $22,450 increase in May. The housing market continues to experience pressure as home buyers are still waiting for a bigger drop in interest rates, which we are now expecting this fall.  We predict that the Metro Vancouver area is now a buyer's market and will stay that way for the next few months.

Last month, the average price of condos went down by $7,295, but townhouse prices actually went up by $2,120. We think the condo and townhouse markets have stabilized and will be a buyer's market in Vancouver for the next few months.

For the latest market trends, join us every Saturday at noon on VancouverMarketReports.com. We discuss which areas in the Lower Mainland are doing well and which are not. For a complete update on market values, forecasts, and a detailed analysis of your neighborhood, contact Bill Coughlin and the Coughlin Team at 778-374-3744.

 

 

Fraser Valley June 2024:

In Fraser Valley, the price of single-family homes increased by an average of $1,063, which is a similar increase that we saw in May. The housing market continues to experience pressure as home buyers are still waiting for a bigger drop in interest rates, which we are now expecting this fall. We predict that the Fraser Valley area is now a buyer's market and will remain so for the next few months.

Last month, the average price of condos went down by $5,499, and townhouse prices also decreased by $2,253. We think the condo and townhouse markets have stabilized and will be a buyer's market in Vancouver for the next few months.

For the latest market trends, join us every Saturday at noon on VancouverMarketReports.com. We discuss which areas in the Lower Mainland are doing well and which are not. For a complete update on market values, forecasts, and a detailed analysis of your neighborhood, contact Bill Coughlin and the Coughlin Team at 778-374-3744.

 

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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