Condos Market Report

October 2024 Cape Horn Condos Market

Condos market data for Cape Horn, Coquitlam — October 2024. Average sold price $2,950,000, 1 sold in 30 days, 16 avg days on market.

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Buyer's MarketCape Horn condos is currently a buyer's market. 4.5% sales-to-active listings ratio — homes selling in an average of 16 days, at an average sold price of $2,950,000 — well-priced properties are attracting strong demand.
1
Condos Sold (30d)
$2.95M
Avg Sold Price
16d
Avg Days on Market
22
Homes For Sale

Current Cape Horn Condos Stats

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

Condos Sold (30d)1
Avg Sold Price$2,950,000
Homes For Sale22
Avg Days on Market16 days
Months of Supply22.0 mo

October 2024 Cape Horn Market Snapshot

All property types — historical MLS® data for Cape Horn in October 2024.

All Types Sold2
Avg Sold Price$1,312,500
Avg Days on Market32 days
Avg Price per ft²$961,250

Cape Horn Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
July 20261$2,950,00016d$590,000—
June 20262$1,205,50069d$853,000—
May 20264$1,291,75025d$721,292Seller's
April 20262$1,435,75041d$717,875Seller's
March 20261$1,130,00028d$565,000Seller's
February 20262$1,000,0003d$1,000,000Seller's

Frequently Asked Questions — Cape Horn Condos

How did the Cape Horn condos market perform in October 2024?+
The Cape Horn condos market currently shows 1 units sold in the last 30 days at an average price of $2,950,000, with an average of 16 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 Cape Horn?+
The average sold price for a condo in Cape Horn is currently $2,950,000, 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 Cape Horn?+
Condos in Cape Horn are currently selling in an average of 16 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 Cape Horn?+
Cape Horn condos has a sales-to-active listings ratio (SALR) of 4.5%, 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 Cape Horn?+
Cape Horn condos are currently in a buyer's market. The average price is $2,950,000. 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 Cape Horn market perform in October 2024?+
In October 2024, the Cape Horn real estate market (all property types) recorded 2 sales at an average price of $1,312,500, with properties averaging 32 days on market at $961,250 per square foot.
How did Cape Horn compare in October 2024 vs. August 2024?+
Compared to August 2024, overall Cape Horn sales volume was down 33% (3 vs 2 homes sold) and the average sold price was down 4% to $1,312,500.
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October 2024 Cape Horn Condos Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat