Condos Market Report

January 2024 Meadow Brook Condos Market

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

Buyer's MarketMeadow Brook condos is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.25M
Avg Sold Price
149d
Avg Days on Market
$1,248,000
Avg $/sqft

January 2024 Meadow Brook Market Snapshot

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

All Types Sold1
Avg Sold Price$1,248,000
Avg Days on Market149 days
Avg Price per ft²$1,248,000

Meadow Brook Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
June 20261$1,167,0007d$583,500
May 20261$835,00055d$417,500
April 20262$1,131,75042d$781,750Seller's
February 20261$735,0003d$735,000Seller's
November 20253$997,66733d$784,333
October 20251$1,468,800127d$734,400Seller's

Frequently Asked Questions — Meadow Brook Condos

How did the Meadow Brook condos market perform in January 2024?+
January 2024 condos data for Meadow Brook is being compiled. Check back soon or view the full Meadow Brook market report.
What is the absorption rate for condos in Meadow Brook?+
Meadow Brook 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 Meadow Brook?+
Meadow Brook 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 Meadow Brook market perform in January 2024?+
In January 2024, the Meadow Brook real estate market (all property types) recorded 1 sales at an average price of $1,248,000, with properties averaging 149 days on market at $1,248,000 per square foot.
How did Meadow Brook compare in January 2024 vs. November 2023?+
Compared to November 2023, overall Meadow Brook sales volume was down 50% (2 vs 1 homes sold) and the average sold price was up 12% to $1,248,000.
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January 2024 Meadow Brook Condos Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat