Condos Market Report

August 2024 Upper Eagle Ridge Condos Market

Condos market data for Upper Eagle Ridge, Coquitlam — covering sales volume, pricing, and days on market for August 2024.

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Buyer's MarketUpper Eagle Ridge condos is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$751K
Avg Sold Price
1d
Avg Days on Market
$751,000
Avg $/sqft

August 2024 Upper Eagle Ridge Market Snapshot

All property types — historical MLS® data for Upper Eagle Ridge in August 2024.

All Types Sold1
Avg Sold Price$751,000
Avg Days on Market1 days
Avg Price per ft²$751,000

Upper Eagle Ridge Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
June 20261$715,00028d$715,000—
May 20261$885,00017d$885,000Seller's
April 20261$1,360,00028d$680,000Seller's
March 20262$1,292,5004d$522,500Seller's
January 20261$760,00054d$760,000—
December 20252$1,519,00060d$1,013,000Seller's

Frequently Asked Questions — Upper Eagle Ridge Condos

How did the Upper Eagle Ridge condos market perform in August 2024?+
August 2024 condos data for Upper Eagle Ridge is being compiled. Check back soon or view the full Upper Eagle Ridge market report.
What is the absorption rate for condos in Upper Eagle Ridge?+
Upper Eagle Ridge 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 Upper Eagle Ridge?+
Upper Eagle Ridge 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 Upper Eagle Ridge market perform in August 2024?+
In August 2024, the Upper Eagle Ridge real estate market (all property types) recorded 1 sales at an average price of $751,000, with properties averaging 1 days on market at $751,000 per square foot.
How did Upper Eagle Ridge compare in August 2024 vs. July 2024?+
Compared to July 2024, overall Upper Eagle Ridge sales volume was unchanged (1 vs 1 homes sold) and the average sold price was down 68% to $751,000.
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August 2024 Upper Eagle Ridge Condos Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat