Central Coquitlam, Coquitlam Condo Market Report – January 2023

In January 2023, the Central Coquitlam, Coquitlam condo real estate market is classified as a Buyer's Market with an absorption rate of 3.8%. 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.

4 condo properties sold in Central Coquitlam, Coquitlam during January 2023 based on MLS® records. There were 105 active listings at the start of the month. A total of 8 new listings came to market during the month.

The average condo sold price in Central Coquitlam, Coquitlam in January 2023 was $421,750. Sold prices ranged from $390,000 to $482,000. Data is sourced from MLS® board records.

In January 2023, condo properties in Central Coquitlam, Coquitlam averaged 18 days on the market before selling. With an absorption rate of 3.8%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average condo sold price in Central Coquitlam, Coquitlam in January 2023 was $421,750, down 46.6% year-over-year compared to January 2022 ($789,268). Sales volume was up 33.3% compared to the same month last year. Data is sourced from MLS® sold records.