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Coquitlam RE/MAX Market Reports

, When do you think 's SFD Home Prices will Peak.. turn to a Buyers Market?  

How can you get More Listings SOLD?
Over Priced Listings are still the #1 problem
(59% expiry rate in 2013):  Only 26% of last years listings were listed on the money to be sold without having to reduce the listing price.

How can make your CMA's More Powerful and get a higher conversion at the RIGHT PRICE?

Over 1,000 CMA'S this Year have used these Advanced tools to get those sharper prices!

The ABSOLUTE Most Accurate Home Price Index (paired) HPIp  now enables you to see the Home Value Histories, the Current Values to help you create your instant CMA's and soon to come the Forecasts

 
, may we show you how we help so many?  (Yes)
Click Here  to Expand the Movie  
Price Reductions Work! In August, in the Vancouver area, 47% of the single family home sales over 30 Days On Market REDUCED their list price by $45,000 (median)
At the same time 59% of the August single family sales in FV/Chilliwack that were over 30 DOM REDUCED their list price by $19,994 (median) 

    Note:  61% of the listings now expiring had no price reduction!  Last year 63.5% of the listings expired!  
  

Sponsored in part by Virtual Real Estate Assistants​


Coquitlam

May 1, 2024

gas gauge

Current: Coquitlam's 17 %SOLD Rate indicates a Seller Market.  
                (This means 16 homes out  of 100 sold last month with an Average  $9,500 Discount from the Original List Price)

Most Active Range:  Homes between $1.45 mill.-$1.9 have a 32.3 %SOLD rate.
Least Active Range: Homes above $3.0 mill. have 3.7 %SOLD rate.

History: The Coquitlam Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $119,829.
                The Coquitlam Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices decreased $17,222.
                        *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Coquitlam has a normal Listing supply; 352 homes are for sale. With the 17 %SOLD Monthly Rate (STR)  gives us ~6 months of inventory. 10% of the Active Listings have reduced their price by $105,331 on Average or $98,950 Median. We project Coquitlam Detached now in a Seller Market.

         

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.

 

 

 
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Spring 2014 Market News

 STOP  61% of 's listings from EXPIRING!

 

 

Re/Max Market Share Reports 

Sponsored in part by Virtual Real Estate Assistants​

Hello  , fellow RE/MAX Agent.
These Re/MAX Market Share Reports are sponsored by
the Canada's Most Referred Referral Network! we thank  them for their support and please refer to them in your appreciation.

West Van - Steve Burk North Van - steve Burk Downtown Westend - Steve Burk Van Westside - Sharon Lum Coquiltam - Phil Haig Port Coquiltam and Port Moody -Phil Haig Mission - Bill Coughlin Chilliwack - Corney Les Cultus Lake - Bill Coughlin Abbotsford - Bill Coughlin North Langley - Jorda Langley - Bill Coughlin East Surrey - Greg Mark West Surrey - Greg Mark Burnaby - Albert Yen New West - John Mackenzie North Delta - Tom Edwards White Rock - Team Claude Richmond Multi Family - Larry and Taylor Biggar Richmond - Larry and Taylor Biggar Coal Harbour - Steve Burk N. Burr..by - Charlie Kiers Maple Ridge - Lori Blake Ladner Delta - Gurdial Badh East Van Multi Fmly - Gurdial Badh East Van -Charile Kiers Powell River - Ross Cooper Whistler Edmonton - John Carle Calgary - 1 Calgary - 2 Calgary - 3 Kelowna Edmonton - Jogn Carle 2 Calgary - 4 Calgary - 5 Calgary - 6 Calgary - 7 Calgary - 8 Calgary - 9 Calgary - 10 Calgary - 11 Calgary - 12 Calgary - 13 Nanaimo - Rudi Widdershoven Victoria RMR Referral Network The Network is growing and growing !
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Remax Report ...If you cannot see this image   you need to click through the top link

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NOTE: This representation is based in whole or in part on data generated by the Real Estate Boards of Greater Vancouver, Fraser Valley, Chilliwack which assume no responsibility for its accuracy.   

Previous Quarterly Report     The Cumulative report.. the BEST REPORT for your CMA to help you win the listings.                                          Copyright © 2011 by Bill Coughlin

We thank Bill Coughlin for their support of these Coquitlam Real Estate Market Updates which include sub-areas such as Coquitlam West, Maillardville, Westwood Plateau, Burke Mountain, Central Coquitlam etc. Contact Bill and the Team as the Local Experts....  more details.

These Coquitlam Real Estate update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.

These Coquitlam Real Estate update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.

These Coquitlam Real Estate update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.

These Coquitlam Real Estate update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.

Download the full Coquitlam.Marketupdatereport.PDF

These Coquitlam Real Estate update includes the sub areas Coquitlam West, Burke Mountain, Central Coquitlam, Westwood Plateau, Maillardville etc.

These Coquitlam Real Estate update includes the sub areas Coquitlam West, Burke Mountain, Central Coquitlam, Westwood Plateau, Maillardville etc.

These Coquitlam Real Estate update includes the sub areas Coquitlam West, Burke Mountain, Central Coquitlam, Westwood Plateau, Maillardville etc.

These Coquitlam Real Estate update includes the sub areas Coquitlam West, Burke Mountain, Central Coquitlam, Westwood Plateau, Maillardville etc.

This Coquitlam Real Estate Market update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.

 

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