River Springs, Coquitlam Market Report – May 2022

Q: How many homes sold in River Springs, Coquitlam in May 2022?

3 properties sold in River Springs, Coquitlam during May 2022 based on MLS® records. There were 13 active listings at the start of the month. A total of 1 new listings came to market during the month.

Q: What is the average home price in River Springs, Coquitlam?

The average sold price in River Springs, Coquitlam in May 2022 was $1,202,667. Sold prices ranged from $1,038,000 to $1,510,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in River Springs, Coquitlam?

In May 2022, properties in River Springs, Coquitlam averaged 21 days on the market before selling. With an absorption rate of 23.1%, the market is currently a Seller's Market. A lower average days-on-market indicates stronger demand.

Q: How has the River Springs, Coquitlam market changed compared to last year?

The average sold price in River Springs, Coquitlam in May 2022 was $1,202,667, up 12.2% year-over-year compared to May 2021 ($1,072,000). Sales volume was down 40% compared to the same month last year. Data is sourced from MLS® sold records.

River Springs is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for River Springs based on MLS® data.

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Units Sold

$1,202,667

Avg Sold Price

21d

Avg Days on Market

Seller's Market

Market Condition

13 active at start of month 1 new listings Absorption rate: 23.1% Highest sold: $1,510,000 Lowest sold: $1,038,000

How Does May 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2022 (this report)	3	$1,202,667	21d
April 2022 month prior	1 +200%	$1,440,000 -16.5%	18d +16.7%
May 2021 year ago	5 -40%	$1,072,000 +12.2%	—

3-Year Price Trend — River Springs, Coquitlam

The River Springs, Coquitlam real estate market was a Seller's Market in May 2022, with 13 active listings at the start of the month, 3 properties sold, an average sold price of $1,202,667, properties averaging 21 days on market, an absorption rate of 23.1%. All data is sourced from MLS® sold records.

Recently Sold in River Springs, Coquitlam

2026 Shaughnessy Place

Sold $900,000

3 bd • 2 ba • House

Active Listings in River Springs, Coquitlam

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your River Springs, Coquitlam specialist

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Related: River Springs, Coquitlam Archive → Live Market Stats → Coquitlam Reports → All BC Reports →

Frequently Asked Questions — River Springs, Coquitlam May 2022

Is it a good time to buy in River Springs, Coquitlam? −

In May 2022, the River Springs, Coquitlam real estate market is classified as a Seller's Market with an absorption rate of 23.1%. It is currently a seller's market in River Springs, Coquitlam. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in River Springs, Coquitlam in May 2022? +

What is the average home price in River Springs, Coquitlam? +

How long are homes sitting on the market in River Springs, Coquitlam? +

How has the River Springs, Coquitlam market changed compared to last year? +

Last Update: 06/03/2026 Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.