Condos Market Report

March 2024 Condos Market — Coquitlam & Port Coquitlam & Port Moody

The Coquitlam & Port Coquitlam & Port Moody condos market recorded 207 sales in March 2024 at an average sold price of $701,106. This report covers sales volume, pricing, and days on market for condos specifically.

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Buyer's MarketCoquitlam & Port Coquitlam & Port Moody condos is currently a buyer's market. 7.8% sales-to-active listings ratio — homes selling in an average of 37 days, at an average sold price of $610,224 — well-priced properties are attracting strong demand.
207
Condos Sold
$701K
Avg Sold Price
21d
Avg Days on Market
$213,823
Avg $/sqft

March 2024 Condos Snapshot

Condos Sold207
Avg Sold Price$701,106
Avg Days on Market21 days
Avg Price per ft²$213,823

Condos 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 20267$540,14327d$85,571Balanced
July 2026111$614,40639d$167,771Buyer's
June 2026126$638,24036d$239,390Buyer's
May 2026142$647,87128d$242,334Balanced
April 2026140$646,92136d$181,208Buyer's
March 2026156$655,98129d$180,370Balanced
February 2026100$617,02934d$180,326Balanced
January 202697$642,84038d$207,540Buyer's
December 202579$624,54740d$112,854Buyer's
November 2025127$658,37342d$195,050Buyer's
October 2025140$669,08435d$195,425Balanced
September 2025135$649,31842d$196,582Buyer's
August 2025103$671,54933d$174,390Balanced
July 2025153$662,38433d$192,183Balanced
June 2025134$655,25033d$202,442Balanced
May 2025139$675,94529d$209,152Balanced
April 2025133$672,27624d$199,357Balanced
March 2025171$680,70922d$205,097Balanced
February 2025124$698,21325d$176,704Balanced
January 2025155$691,07030d$174,813Balanced
December 202483$693,14741d$185,440Buyer's
November 2024130$679,52631d$218,619Balanced
October 2024185$684,45226d$193,579Balanced
September 2024181$678,51625d$139,901Balanced
August 2024130$696,48527d$228,562Balanced
July 2024136$690,82124d$201,737Balanced
June 2024152$709,45823d$215,720Balanced
May 2024157$692,62621d$163,629Balanced
April 2024197$701,54120d$214,056Balanced
March 2024207$701,10621d$213,823Balanced
February 2024164$703,25327d$145,988Balanced
January 2024113$671,39536d$129,344Buyer's
December 202385$680,11433d$196,598Balanced
November 2023115$660,39424d$141,413Balanced
October 2023135$702,42620d$218,721Balanced
September 2023130$680,04119d$194,357Seller's
August 202389$699,04921d$144,826Balanced

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

How did the Coquitlam & Port Coquitlam & Port Moody condos market perform in March 2024?+
In March 2024, 207 condos sold in Coquitlam & Port Coquitlam & Port Moody at an average price of $701,106, with condos spending an average of 21 days on the market at $213,823 per square foot. Buyers had more choice and negotiating leverage.
What is the absorption rate for condos in Coquitlam & Port Coquitlam & Port Moody?+
Coquitlam & Port Coquitlam & Port Moody condos has a sales-to-active listings ratio (SALR) of 7.8%, 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 Coquitlam & Port Coquitlam & Port Moody?+
The condos segment in Coquitlam & Port Coquitlam & Port Moody is currently a buyer's market. The average sold price for condos is $610,224. 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 condos market.
What does the March 2024 market mean for condo sellers in Coquitlam & Port Coquitlam & Port Moody?+
In March 2024, condos sellers faced more competition with increased supply. Pricing accurately and investing in presentation were the key differentiators for a timely sale.
How did March 2024 compare to February 2024 for condos in Coquitlam & Port Coquitlam & Port Moody?+
Compared to February 2024, condos sales in Coquitlam & Port Coquitlam & Port Moody were up 26% (164 vs 207 sold) and the average sold price was down 0% to $701,106.
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March 2024 Condos Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat