River Springs, Coquitlam House Market Report – May 2021

In May 2021, the River Springs, Coquitlam house real estate market is classified as a Strong Seller's Market with an absorption rate of 62.5%. 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.

5 house properties sold in River Springs, Coquitlam during May 2021 based on MLS® records. There were 8 active listings at the start of the month. A total of 5 new listings came to market during the month.

The average house sold price in River Springs, Coquitlam in May 2021 was $1,072,000. Sold prices ranged from $1,000,000 to $1,150,000. Data is sourced from MLS® board records.

In May 2021, house properties in River Springs, Coquitlam averaged 10 days on the market before selling. With an absorption rate of 62.5%, 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 May 2021 was $1,072,000, up 32.3% year-over-year compared to May 2020 ($810,000). Sales volume was up 400% compared to the same month last year. Data is sourced from MLS® sold records.