Townhouses Market Report

February 2024 Park Ridge Estates Townhouses Market

Townhouses market data for Park Ridge Estates, Coquitlam — covering sales volume, pricing, and days on market for February 2024.

FebApr →All Reports →
Buyer's MarketPark Ridge Estates townhouses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.64M
Avg Sold Price
34d
Avg Days on Market
$546,667
Avg $/sqft

February 2024 Park Ridge Estates Market Snapshot

All property types — historical MLS® data for Park Ridge Estates in February 2024.

All Types Sold1
Avg Sold Price$1,640,000
Avg Days on Market34 days
Avg Price per ft²$546,667

Park Ridge Estates Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
April 20261$1,662,0006d$415,500—
March 20261$1,722,50055d$430,625—
September 20251$1,610,00044d$536,667—
August 20251$1,680,00017d$560,000Seller's
September 20242$1,650,00024d$682,917—
April 20242$1,680,0008d$690,833—

Frequently Asked Questions — Park Ridge Estates Townhouses

How did the Park Ridge Estates townhouses market perform in February 2024?+
February 2024 townhouses data for Park Ridge Estates is being compiled. Check back soon or view the full Park Ridge Estates market report.
What is the absorption rate for townhouses in Park Ridge Estates?+
Park Ridge Estates townhouses 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 townhouse in Park Ridge Estates?+
Park Ridge Estates townhouses 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 Park Ridge Estates market perform in February 2024?+
In February 2024, the Park Ridge Estates real estate market (all property types) recorded 1 sales at an average price of $1,640,000, with properties averaging 34 days on market at $546,667 per square foot.
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February 2024 Park Ridge Estates Townhouses Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat