Condos Market Report

July 2024 Heritage Mountain Condos Market

Condos market data for Heritage Mountain, Port Moody — July 2024. Average sold price $1,672,900, 2 sold in 30 days, 2 avg days on market.

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Buyer's MarketHeritage Mountain condos is currently a buyer's market. 11.1% sales-to-active listings ratio — homes selling in an average of 2 days, at an average sold price of $1,672,900 — well-priced properties are attracting strong demand.
2
Condos Sold (30d)
$1.67M
Avg Sold Price
2d
Avg Days on Market
18
Homes For Sale

Current Heritage Mountain Condos Stats

Live MLS® data updated every 5 minutes. Most recent 30-day rolling window.

Condos Sold (30d)2
Avg Sold Price$1,672,900
Homes For Sale18
Avg Days on Market2 days
Months of Supply9.0 mo

July 2024 Heritage Mountain Market Snapshot

All property types — historical MLS® data for Heritage Mountain in July 2024.

All Types Sold2
Avg Sold Price$2,160,000
Avg Days on Market17 days
Avg Price per ft²$631,250

Heritage Mountain Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
July 20263$1,510,2679d$569,256—
June 20263$1,650,66623d$568,278Seller's
May 20263$1,957,33321d$634,333Seller's
April 20264$1,776,35028d$529,863Seller's
March 20262$2,070,00013d$517,500Seller's
February 20263$986,16727d$766,167Seller's

Frequently Asked Questions — Heritage Mountain Condos

How did the Heritage Mountain condos market perform in July 2024?+
The Heritage Mountain condos market currently shows 2 units sold in the last 30 days at an average price of $1,672,900, with an average of 2 days on market. Buyers have more choice and negotiating leverage. This data reflects the most recent 30-day MLS® activity.
What is the average price of a condo in Heritage Mountain?+
The average sold price for a condo in Heritage Mountain is currently $1,672,900, based on MLS® sales over the past 30 days. Prices vary by size, floor, age, and condition. Contact a local agent for a property-specific valuation.
How long do condos take to sell in Heritage Mountain?+
Condos in Heritage Mountain are currently selling in an average of 2 days on market. Well-priced properties in good condition tend to sell faster — sometimes within days of listing. Properties at higher price points may take longer.
What is the absorption rate for condos in Heritage Mountain?+
Heritage Mountain condos has a sales-to-active listings ratio (SALR) of 11.1%, 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 Heritage Mountain?+
Heritage Mountain condos are currently in a buyer's market. The average price is $1,672,900. 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 Heritage Mountain market perform in July 2024?+
In July 2024, the Heritage Mountain real estate market (all property types) recorded 2 sales at an average price of $2,160,000, with properties averaging 17 days on market at $631,250 per square foot.
How did Heritage Mountain compare in July 2024 vs. June 2024?+
Compared to June 2024, overall Heritage Mountain sales volume was unchanged (2 vs 2 homes sold) and the average sold price was up 26% to $2,160,000.
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July 2024 Heritage Mountain Condos Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat