Condos Market Report

January 2024 Chineside Condos Market

Condos market data for Chineside, Coquitlam — covering sales volume, pricing, and days on market for January 2024.

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Buyer's MarketChineside condos is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.65M
Avg Sold Price
5d
Avg Days on Market
$825,000
Avg $/sqft

January 2024 Chineside Market Snapshot

All property types — historical MLS® data for Chineside in January 2024.

All Types Sold1
Avg Sold Price$1,650,000
Avg Days on Market5 days
Avg Price per ft²$825,000

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 January 2024?+
January 2024 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 January 2024?+
In January 2024, the Chineside real estate market (all property types) recorded 1 sales at an average price of $1,650,000, with properties averaging 5 days on market at $825,000 per square foot.
How did Chineside compare in January 2024 vs. November 2023?+
Compared to November 2023, overall Chineside sales volume was unchanged (1 vs 1 homes sold) and the average sold price was up 14% to $1,650,000.
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What does the Chineside condos market mean for you?

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January 2024 Chineside Condos Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat