Port Moody logo. Meryl.REALTOR's Coquitlam & Tri-City Market Report.
Coquitlam city logo. Meryl.REALTOR's Coquitlam & Tri-City Market Report.
Port Coquitlam City logo. Meryl.REALTOR's Coquitlam & Tri-City Market Report.
COQUITLAM & TRI-CITY MARKET REPORT
OCTOBER 2019

We’re heading straight into the winter season, and the Coquitlam market is hotter than expected. Our update for the Tri-Cities for October 2019 shows uptrends for all property types but particularly condos and townhomes.

NOTE: Use the toolbar at top to change page to each of the Tri-City infographics!


MarketReport_TRICITY201910


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.

Market Insight for Coquitlam Market Report

Although most of us expected overall housing prices to fall slightly, the sales activity has picked up. It looks like the Tri-City market is experiencing a fall pickup in home sale activity. Last month’s sales in the Tri-Cities were 422 which is 13.4% higher than the 10-year average October sales!

Residential home sales in the Tri-Cities totaled 422 in October 2019, a 75.8% increase from the 240 sales recorded in October 2018, and a 24.5% increase from the 339 homes sold in September 2019.


Condo and Townhome Market Insight

The Tri-City market for Condos and Townhomes for October are heating up more than expected especially for specific neighbourhoods. As indicated the top neighbourhoods by sales are indicated in the infographics for each city and property type. However, if you are interested in a specific price band or neighbourhood, we can provide you with custom data. Contact us if you would like to have a custom report.
EMAIL us at [email protected] or CALL us at 604-307-9506.



Market Insight

The overall Sales to Active Ratios shown for the Tri-Cities indicates that all three cities are now above the 21% range indicating that we are now back into Sellers Markets. There are of course micro markets for various neighbourhoods and for the various property types. Contact us if you would like to have a custom report for the area or type of home you are interested in.
EMAIL us at [email protected] or CALL us at 604-307-9506.



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