Condos Market Report

May 2024 Hockaday Condos Market

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

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Buyer's MarketHockaday condos is currently a buyer's market, with 10.1% sales-to-active listings ratio.
4
All Types Sold
$1.77M
Avg Sold Price
10d
Avg Days on Market
$729,167
Avg $/sqft

May 2024 Hockaday Market Snapshot

All property types — historical MLS® data for Hockaday in May 2024.

All Types Sold4
Avg Sold Price$1,775,000
Avg Days on Market10 days
Avg Price per ft²$729,167

Hockaday Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
June 20261$1,562,0006d$781,000—
May 20261$1,560,0008d$520,000—
April 20262$2,124,50087d$537,500—
March 20261$2,680,000126d$536,000Seller's
February 20262$2,007,50048d$600,250Seller's
November 20251$1,830,00060d$610,000Seller's

Frequently Asked Questions — Hockaday Condos

How did the Hockaday condos market perform in May 2024?+
May 2024 condos data for Hockaday is being compiled. Check back soon or view the full Hockaday market report.
What is the absorption rate for condos in Hockaday?+
Hockaday 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 Hockaday?+
Hockaday 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 Hockaday market perform in May 2024?+
In May 2024, the Hockaday real estate market (all property types) recorded 4 sales at an average price of $1,775,000, with properties averaging 10 days on market at $729,167 per square foot.
How did Hockaday compare in May 2024 vs. April 2024?+
Compared to April 2024, overall Hockaday sales volume was down 33% (6 vs 4 homes sold) and the average sold price was up 4% to $1,775,000.
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What does the Hockaday condos market mean for you?

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May 2024 Hockaday Condos Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat