River Springs, Coquitlam House Market Report – August 2021

In August 2021, the River Springs, Coquitlam house real estate market is classified as a Strong Seller's Market with an absorption rate of 33.3%. It is currently a strong seller's market in River Springs, 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.

3 house properties sold in River Springs, Coquitlam during August 2021 based on MLS® records. There were 9 active listings at the start of the month. A total of 2 new listings came to market during the month.

The average house sold price in River Springs, Coquitlam in August 2021 was $1,257,667. Sold prices ranged from $1,050,000 to $1,495,000. Data is sourced from MLS® board records.

In August 2021, house properties in River Springs, Coquitlam averaged 16 days on the market before selling. With an absorption rate of 33.3%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

The average house sold price in River Springs, Coquitlam in August 2021 was $1,257,667, up 48.3% year-over-year compared to August 2020 ($847,975). Sales volume was down 25% compared to the same month last year. Data is sourced from MLS® sold records.