Market verdict: Buyer's Market · 4 sold (30d) · avg $1,275,200 · 39 days on market
Buyers currently have more choice in Coquitlam's multi-family market, with homes taking longer to sell. In the past 30 days, 4 multi-family properties sold across Coquitlam at an average sold price of $1,275,200. Multi-family properties are selling in an average of 39 days on the market. The absorption rate is 8.5% — meaning 8.5% of active multi-family inventory sells each month. Average multi-family prices in Coquitlam are down 2.8% compared to the 90-day average of $1,311,867. If you're considering buying a multi-family property in Coquitlam, you have more time to negotiate — though well-priced homes still attract attention.
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Average sold price per month (all multi-family types combined)
How many multi-family properties sold in each price bracket (last 90 days)
Based on current data, Coquitlam is a Buyer's Market for multi-family properties.
The absorption rate is 8.5%, with 47 active listings and 4 sales in the last 30 days.
Multi-family properties in Coquitlam are taking an average of 39 days on the market before selling.