Coquitlam city logo. Meryl.REALTOR's Coquitlam & Tri-City Market Report.
COQUITLAM & TRI-CITY REAL ESTATE REPORT
JANUARY 2020
Port Coquitlam City logo. Meryl.REALTOR's Coquitlam & Tri-City Market Report.

Port Moody logo. Meryl.REALTOR's Coquitlam & Tri-City Market Report.

NOTE: Use the top toolbar to flip through pages for all the Tri-Cities.


MarketReport_TRICITY202001


Tri-City Market Report: Real Estate Market Report of Coquitlam, Port Coquitlam and Port Moody. Includes market data from Real Estate Board of Greater Vancouver with a breakdown for Detached Homes, Townhomes, Condos & Apartments.

Inventory remained low in the Tri-Cities with a very slight increase for detached homes. There were 873 properties which is -25.6% below the 10 year average of 1174 homes.

There were 241 home sales in the Tri-Cities which is 2.6% higher than the 10-year January average of 235 sales.


Real Estate Market Insight

In the TriCities, condos and townhomes were in sellers markets with sales-to-active-listings ratios that were well above 20%. Detached homes started in a Balanced market and dipped into a Buyers markets below 12% sales-to-active-listings ratio. Economist predict that when markets stay below 12% for 30+ days, there will be some downward pressure on prices.


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