Coquitlam West, Coquitlam House Market Report – May 2021

In May 2021, the Coquitlam West, Coquitlam house real estate market is classified as a Buyer's Market with an absorption rate of 5.9%. 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.

10 house properties sold in Coquitlam West, Coquitlam during May 2021 based on MLS® records. There were 169 active listings at the start of the month. A total of 18 new listings came to market during the month.

The average house sold price in Coquitlam West, Coquitlam in May 2021 was $1,488,100. Sold prices ranged from $1,000,000 to $2,100,000. Data is sourced from MLS® board records.

In May 2021, house properties in Coquitlam West, Coquitlam averaged 24 days on the market before selling. With an absorption rate of 5.9%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average house sold price in Coquitlam West, Coquitlam in May 2021 was $1,488,100, up 35.9% year-over-year compared to May 2020 ($1,095,000). Sales volume was up 900% compared to the same month last year. Data is sourced from MLS® sold records.