Canyon Springs, Coquitlam Market Report – August 2022

Q: How many homes sold in Canyon Springs, Coquitlam in August 2022?

7 properties sold in Canyon Springs, Coquitlam during August 2022 based on MLS® records. There were 75 active listings at the start of the month. A total of 7 new listings came to market during the month.

Q: What is the average home price in Canyon Springs, Coquitlam?

The average sold price in Canyon Springs, Coquitlam in August 2022 was $608,557. Sold prices ranged from $485,000 to $1,200,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Canyon Springs, Coquitlam?

In August 2022, properties in Canyon Springs, Coquitlam averaged 25 days on the market before selling. With an absorption rate of 9.3%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Canyon Springs, Coquitlam market changed compared to last year?

The average sold price in Canyon Springs, Coquitlam in August 2022 was $608,557, up 1.6% year-over-year compared to August 2021 ($599,111). Sales volume was down 22.2% compared to the same month last year. Data is sourced from MLS® sold records.

Canyon Springs is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Canyon Springs based on MLS® data.

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Units Sold

$608,557

Avg Sold Price

25d

Avg Days on Market

Buyer's Market

Market Condition

75 active at start of month 7 new listings Absorption rate: 9.3% Highest sold: $1,200,000 Lowest sold: $485,000

How Does August 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
August 2022 (this report)	7	$608,557	25d
July 2022 month prior	4 +75%	$836,625 -27.3%	15d +66.7%
August 2021 year ago	9 -22.2%	$599,111 +1.6%	—

3-Year Price Trend — Canyon Springs, Coquitlam

The Canyon Springs, Coquitlam real estate market was a Buyer's Market in August 2022, with 75 active listings at the start of the month, 7 properties sold, an average sold price of $608,557, properties averaging 25 days on market, an absorption rate of 9.3%. All data is sourced from MLS® sold records.

Recently Sold in Canyon Springs, Coquitlam

2970 Princess Crescent

Sold $430,000

1 bd • 1 ba • Apartment

2985 Princess Crescent

Sold $540,000

2 bd • 2 ba • Apartment

1242 Town Centre Boulevard

Sold $430,000

1 bd • 1 ba • Apartment

1252 Town Centre Boulevard

Sold $440,000

1 bd • 1 ba • Apartment

Active Listings in Canyon Springs, Coquitlam

4 bd • 4 ba • Townhouse

1303 Johnson Street

$1,499,000

5 bd • 3 ba • House

2985 Princess Crescent

$569,000

2 bd • 2 ba • Apartment

2985 Princess Crescent

$499,900

1 bd • 1 ba • Apartment

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Canyon Springs, Coquitlam specialist

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Related: Canyon Springs, Coquitlam Archive → Live Market Stats → Coquitlam Reports → All BC Reports →

Frequently Asked Questions — Canyon Springs, Coquitlam August 2022

Is it a good time to buy in Canyon Springs, Coquitlam? −

In August 2022, the Canyon Springs, Coquitlam real estate market is classified as a Buyer's Market with an absorption rate of 9.3%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Canyon Springs, Coquitlam in August 2022? +

What is the average home price in Canyon Springs, Coquitlam? +

How long are homes sitting on the market in Canyon Springs, Coquitlam? +

How has the Canyon Springs, Coquitlam market changed compared to last year? +

Last Update: 06/03/2026 Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.