Condos Market Report

September 2024 Park Ridge Estates Condos Market

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

Buyer's MarketPark Ridge Estates condos is currently a buyer's market, with 10.1% sales-to-active listings ratio.
2
All Types Sold
$1.65M
Avg Sold Price
24d
Avg Days on Market
$682,917
Avg $/sqft

September 2024 Park Ridge Estates Market Snapshot

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

All Types Sold2
Avg Sold Price$1,650,000
Avg Days on Market24 days
Avg Price per ft²$682,917

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 Condos

How did the Park Ridge Estates condos market perform in September 2024?+
September 2024 condos 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 condos in Park Ridge Estates?+
Park Ridge Estates 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 Park Ridge Estates?+
Park Ridge Estates 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 Park Ridge Estates market perform in September 2024?+
In September 2024, the Park Ridge Estates real estate market (all property types) recorded 2 sales at an average price of $1,650,000, with properties averaging 24 days on market at $682,917 per square foot.
How did Park Ridge Estates compare in September 2024 vs. April 2024?+
Compared to April 2024, overall Park Ridge Estates sales volume was unchanged (2 vs 2 homes sold) and the average sold price was down 2% to $1,650,000.
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September 2024 Park Ridge Estates Condos Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat