Buyers currently have more choice in Coquitlam's multi-family market, with homes taking longer to sell. In the past 30 days, 5 multi-family properties sold across Coquitlam at an average sold price of $1,283,380. Multi-family properties are selling in an average of 41 days on the market. The absorption rate is 10.6% — meaning 10.6% of active multi-family inventory sells each month. Average multi-family prices in Coquitlam are down 1.5% compared to the 90-day average of $1,303,333. If you're considering buying a multi-family property in Coquitlam, you have more time to negotiate — though well-priced homes still attract attention.
