Condos Market Report

August 2023 Hockaday Condos Market

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

Buyer's MarketHockaday condos is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.3M
Avg Sold Price
28d
Avg Days on Market
Avg $/sqft

August 2023 Hockaday Market Snapshot

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

All Types Sold1
Avg Sold Price$1,301,000
Avg Days on Market28 days

Hockaday Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
June 20261$1,562,0006d$781,000
May 20261$1,560,0008d$520,000
April 20262$2,124,50087d$537,500
March 20261$2,680,000126d$536,000Seller's
February 20262$2,007,50048d$600,250Seller's
November 20251$1,830,00060d$610,000Seller's

Frequently Asked Questions — Hockaday Condos

How did the Hockaday condos market perform in August 2023?+
August 2023 condos data for Hockaday is being compiled. Check back soon or view the full Hockaday market report.
What is the absorption rate for condos in Hockaday?+
Hockaday 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 Hockaday?+
Hockaday 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 Hockaday market perform in August 2023?+
In August 2023, the Hockaday real estate market (all property types) recorded 1 sales at an average price of $1,301,000, with properties averaging 28 days on market.
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What does the Hockaday condos market mean for you?

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