Houses Market Report

January 2024 Houses Market — Coquitlam & Port Coquitlam & Port Moody

The Coquitlam & Port Coquitlam & Port Moody houses market recorded 51 sales in January 2024 at an average sold price of $1,789,170. This report covers sales volume, pricing, and days on market for houses specifically.

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Buyer's MarketCoquitlam & Port Coquitlam & Port Moody houses is currently a buyer's market. 5.0% sales-to-active listings ratio — homes selling in an average of 45 days, at an average sold price of $1,682,309 — well-priced properties are attracting strong demand.
51
Houses Sold
$1.79M
Avg Sold Price
55d
Avg Days on Market
$862,904
Avg $/sqft

January 2024 Houses Snapshot

Houses Sold51
Avg Sold Price$1,789,170
Avg Days on Market55 days
Avg Price per ft²$862,904

Houses Market Trend — Coquitlam & Port Coquitlam & Port Moody

Sales Volume & Avg Sold Price — up to 24 months
MLS® data · sold properties
MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
August 20266$1,419,25032d$663,444Balanced
July 202665$1,691,07840d$745,056Buyer's
June 202677$1,720,02333d$721,056Balanced
May 2026105$1,681,64827d$704,184Balanced
April 202687$1,640,69030d$709,111Balanced
March 202671$1,637,59532d$694,030Balanced
February 202671$1,650,19336d$773,806Buyer's
January 202659$1,657,30847d$722,557Buyer's
December 202547$1,685,78360d$755,607Buyer's
November 202569$1,621,84844d$707,584Buyer's
October 202580$1,680,47943d$750,971Buyer's
September 202581$1,651,56838d$866,257Buyer's
August 202587$1,738,63431d$763,383Balanced
July 202587$1,633,33038d$816,231Buyer's
June 202599$1,743,78229d$756,681Balanced
May 202590$1,756,34028d$831,695Balanced
April 202579$1,709,67518d$842,099Seller's
March 202576$1,716,79328d$757,895Balanced
February 202567$1,696,38023d$776,844Balanced
January 202562$1,841,51550d$831,835Buyer's
December 202452$1,786,51559d$885,223Buyer's
November 202473$1,735,12434d$846,563Balanced
October 202490$1,897,22347d$829,862Buyer's
September 202488$1,716,42731d$824,223Balanced
August 202462$1,710,05837d$823,349Buyer's
July 202480$1,764,94629d$844,613Balanced
June 202472$1,862,42430d$770,051Balanced
May 2024106$1,838,04218d$859,316Seller's
April 2024118$1,790,82816d$843,778Seller's
March 202499$1,911,74719d$821,756Seller's
February 202471$1,717,52132d$851,759Balanced
January 202451$1,789,17055d$862,904Buyer's
December 202333$1,741,13633d$842,457Balanced
November 202362$1,808,99636d$815,118Buyer's
October 202358$1,661,09126d$906,523Balanced
September 202388$1,788,24934d$831,810Balanced
August 202355$1,788,55734d$747,987Balanced

Frequently Asked Questions — Coquitlam & Port Coquitlam & Port Moody Houses

How did the Coquitlam & Port Coquitlam & Port Moody houses market perform in January 2024?+
In January 2024, 51 houses sold in Coquitlam & Port Coquitlam & Port Moody at an average price of $1,789,170, with houses spending an average of 55 days on the market at $862,904 per square foot. Buyers had more choice and negotiating leverage.
What is the absorption rate for houses in Coquitlam & Port Coquitlam & Port Moody?+
Coquitlam & Port Coquitlam & Port Moody houses has a sales-to-active listings ratio (SALR) of 5.0%, 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 house in Coquitlam & Port Coquitlam & Port Moody?+
The houses segment in Coquitlam & Port Coquitlam & Port Moody is currently a buyer's market. The average sold price for houses is $1,682,309. Whether now is the right time depends on your personal timeline and budget. A well-informed local agent can identify current value opportunities and help structure a competitive offer in today's houses market.
What does the January 2024 market mean for house sellers in Coquitlam & Port Coquitlam & Port Moody?+
In January 2024, houses sellers faced more competition with increased supply. Pricing accurately and investing in presentation were the key differentiators for a timely sale.
How did January 2024 compare to December 2023 for houses in Coquitlam & Port Coquitlam & Port Moody?+
Compared to December 2023, houses sales in Coquitlam & Port Coquitlam & Port Moody were up 55% (33 vs 51 sold) and the average sold price was up 3% to $1,789,170.
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January 2024 Houses Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat