Condos Market Report

August 2023 Chineside Condos Market

Condos market data for Chineside, Coquitlam — covering sales volume, pricing, and days on market for August 2023.

AugOct →All Reports →
Buyer's MarketChineside condos is currently a buyer's market, with 10.1% sales-to-active listings ratio.
2
All Types Sold
$1.73M
Avg Sold Price
50d
Avg Days on Market
$867,000
Avg $/sqft

August 2023 Chineside Market Snapshot

All property types — historical MLS® data for Chineside in August 2023.

All Types Sold2
Avg Sold Price$1,734,000
Avg Days on Market50 days
Avg Price per ft²$867,000

Chineside Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
June 20261$1,578,00020d$526,000—
May 20261$1,650,0006d$825,000—
April 20261$1,450,0004d$725,000—
February 20264$1,501,85012d$750,925—
January 20261$1,493,80046d$746,900Seller's
December 20251$1,570,000100d$785,000Seller's

Frequently Asked Questions — Chineside Condos

How did the Chineside condos market perform in August 2023?+
August 2023 condos data for Chineside is being compiled. Check back soon or view the full Chineside market report.
What is the absorption rate for condos in Chineside?+
Chineside condos has a sales-to-active listings ratio (SALR) of 10.1%, below the 12% threshold that defines a buyer's market. There are more homes available relative to demand, giving buyers more time to consider their options and more room to negotiate on price and conditions. Sellers may need to price competitively to attract offers.
Is it a good time to buy a condo in Chineside?+
Chineside condos are currently in a buyer's market. Whether now is the right time depends on your personal timeline, budget, and goals. A knowledgeable local agent can help you assess current opportunities.
How did the overall Chineside market perform in August 2023?+
In August 2023, the Chineside real estate market (all property types) recorded 2 sales at an average price of $1,734,000, with properties averaging 50 days on market at $867,000 per square foot.
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What does the Chineside condos market mean for you?

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August 2023 Chineside Condos Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat