Condos Market Report

November 2023 New Horizons Condos Market

Condos market data for New Horizons, Coquitlam — November 2023. Average sold price $734,167, 6 sold in 30 days, 25 avg days on market.

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Balanced MarketNew Horizons condos is currently a balanced market. 15.8% sales-to-active listings ratio — homes selling in an average of 25 days, at an average sold price of $734,167 — well-priced properties are attracting strong demand.
6
Condos Sold (30d)
$734K
Avg Sold Price
25d
Avg Days on Market
38
Homes For Sale

Current New Horizons Condos Stats

Live MLS® data updated every 5 minutes. Most recent 30-day rolling window.

Condos Sold (30d)6
Avg Sold Price$734,167
Homes For Sale38
Avg Days on Market25 days
Months of Supply6.3 mo

November 2023 New Horizons Market Snapshot

All property types — historical MLS® data for New Horizons in November 2023.

All Types Sold2
Avg Sold Price$693,500
Avg Days on Market24 days
Avg Price per ft²$865

New Horizons Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
August 20262$643,00015d$690—
July 20268$754,85043d$352,317Seller's
June 20268$932,50035d$762,800Seller's
May 202612$764,05028d$411,352Seller's
April 202620$837,53017d$319,191Seller's
March 202629$817,41317d$318,092Seller's

Frequently Asked Questions — New Horizons Condos

How did the New Horizons condos market perform in November 2023?+
The New Horizons condos market currently shows 6 units sold in the last 30 days at an average price of $734,167, with an average of 25 days on market. Conditions are balanced. This data reflects the most recent 30-day MLS® activity.
What is the average price of a condo in New Horizons?+
The average sold price for a condo in New Horizons is currently $734,167, based on MLS® sales over the past 30 days. Prices vary by size, floor, age, and condition. Contact a local agent for a property-specific valuation.
How long do condos take to sell in New Horizons?+
Condos in New Horizons are currently selling in an average of 25 days on market. Well-priced properties in good condition tend to sell faster — sometimes within days of listing. Properties at higher price points may take longer.
What is the absorption rate for condos in New Horizons?+
New Horizons condos has a sales-to-active listings ratio (SALR) of 15.8%, sitting in balanced market territory (12–20%). Neither buyers nor sellers hold a strong advantage — homes are selling at a measured pace and sale prices tend to land close to the asking price.
Is it a good time to buy a condo in New Horizons?+
New Horizons condos are currently in a balanced market. The average price is $734,167. 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 New Horizons market perform in November 2023?+
In November 2023, the New Horizons real estate market (all property types) recorded 2 sales at an average price of $693,500, with properties averaging 24 days on market at $865 per square foot.
How did New Horizons compare in November 2023 vs. October 2023?+
Compared to October 2023, overall New Horizons sales volume was down 78% (9 vs 2 homes sold) and the average sold price was down 26% to $693,500.
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November 2023 New Horizons Condos Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat