Riverwood, Port Coquitlam Townhouse Market Report – December 2021

In December 2021, the Riverwood, Port Coquitlam townhouse real estate market is classified as a Balanced Market with an absorption rate of 15.4%. The market in Riverwood, Port Coquitlam is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

6 townhouse properties sold in Riverwood, Port Coquitlam during December 2021 based on MLS® records. There were 39 active listings at the start of the month. A total of 5 new listings came to market during the month.

The average townhouse sold price in Riverwood, Port Coquitlam in December 2021 was $983,667. Sold prices ranged from $850,000 to $1,205,000. Data is sourced from MLS® board records.

In December 2021, townhouse properties in Riverwood, Port Coquitlam averaged 9 days on the market before selling. With an absorption rate of 15.4%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Riverwood, Port Coquitlam in December 2021 was $983,667, up 40% year-over-year compared to December 2020 ($702,450). Sales volume was up 200% compared to the same month last year. Data is sourced from MLS® sold records.