Coquitlam East, Coquitlam Market Report – May 2021

In May 2021, the Coquitlam East, Coquitlam real estate market is classified as a Strong Seller's Market with an absorption rate of 29.4%. It is currently a strong seller's market in Coquitlam East, Coquitlam, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

15 properties sold in Coquitlam East, Coquitlam during May 2021 based on MLS® records. There were 51 active listings at the start of the month. A total of 24 new listings came to market during the month.

The average sold price in Coquitlam East, Coquitlam in May 2021 was $1,309,567. Sold prices ranged from $490,000 to $2,298,000. Data is sourced from MLS® board records.

In May 2021, properties in Coquitlam East, Coquitlam averaged 9 days on the market before selling. With an absorption rate of 29.4%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

The average sold price in Coquitlam East, Coquitlam in May 2021 was $1,309,567, up 11.6% year-over-year compared to May 2020 ($1,173,000). Sales volume was up 1400% compared to the same month last year. Data is sourced from MLS® sold records.