Canyon Springs, Coquitlam Condo Market Report – August 2022

In August 2022, the Canyon Springs, Coquitlam condo real estate market is classified as a Balanced Market with an absorption rate of 14.3%. The market in Canyon Springs, Coquitlam is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

6 condo properties sold in Canyon Springs, Coquitlam during August 2022 based on MLS® records. There were 42 active listings at the start of the month. A total of 4 new listings came to market during the month.

The average condo sold price in Canyon Springs, Coquitlam in August 2022 was $509,983. Sold prices ranged from $485,000 to $549,900. Data is sourced from MLS® board records.

In August 2022, condo properties in Canyon Springs, Coquitlam averaged 29 days on the market before selling. With an absorption rate of 14.3%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average condo sold price in Canyon Springs, Coquitlam in August 2022 was $509,983, down 5.4% year-over-year compared to August 2021 ($539,000). Sales volume was down 25% compared to the same month last year. Data is sourced from MLS® sold records.