Townhouses Market Report

November 2023 River Springs Townhouses Market

Townhouses market data for River Springs, Coquitlam — November 2023. Average sold price $1,205,000, 1 sold in 30 days, 17 avg days on market.

Balanced MarketRiver Springs townhouses is currently a balanced market. 16.7% sales-to-active listings ratio — homes selling in an average of 17 days, at an average sold price of $1,205,000 — well-priced properties are attracting strong demand.
1
Townhouses Sold (30d)
$1.21M
Avg Sold Price
17d
Avg Days on Market
6
Homes For Sale

Current River Springs Townhouses Stats

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

Townhouses Sold (30d)1
Avg Sold Price$1,205,000
Homes For Sale6
Avg Days on Market17 days
Months of Supply6.0 mo

November 2023 River Springs Market Snapshot

All property types — historical MLS® data for River Springs in November 2023.

All Types Sold1
Avg Sold Price$1,100,000
Avg Days on Market5 days
Avg Price per ft²$550,000

River Springs Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
July 20261$1,205,00017d$602,500
May 20262$1,247,50018d$911,750
April 20261$990,000$990,000Seller's
December 20251$1,360,00084d$1,360,000
October 20252$1,185,00044d$867,500Seller's
August 20252$1,125,00076d$787,500Seller's

Frequently Asked Questions — River Springs Townhouses

How did the River Springs townhouses market perform in November 2023?+
The River Springs townhouses market currently shows 1 units sold in the last 30 days at an average price of $1,205,000, with an average of 17 days on market. Conditions are balanced. This data reflects the most recent 30-day MLS® activity.
What is the average price of a townhouse in River Springs?+
The average sold price for a townhouse in River Springs is currently $1,205,000, 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 townhouses take to sell in River Springs?+
Townhouses in River Springs are currently selling in an average of 17 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 townhouses in River Springs?+
River Springs townhouses has a sales-to-active listings ratio (SALR) of 16.7%, 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 townhouse in River Springs?+
River Springs townhouses are currently in a balanced market. The average price is $1,205,000. 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 River Springs market perform in November 2023?+
In November 2023, the River Springs real estate market (all property types) recorded 1 sales at an average price of $1,100,000, with properties averaging 5 days on market at $550,000 per square foot.
How did River Springs compare in November 2023 vs. September 2023?+
Compared to September 2023, overall River Springs sales volume was down 67% (3 vs 1 homes sold) and the average sold price was down 12% to $1,100,000.
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November 2023 River Springs Townhouses Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat