Townhouses Market Report

October 2024 Summitt View Townhouses Market

Townhouses market data for Summitt View, Coquitlam — covering sales volume, pricing, and days on market for October 2024.

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Buyer's MarketSummitt View townhouses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.74M
Avg Sold Price
6d
Avg Days on Market
$868,050
Avg $/sqft

October 2024 Summitt View Market Snapshot

All property types — historical MLS® data for Summitt View in October 2024.

All Types Sold1
Avg Sold Price$1,736,100
Avg Days on Market6 days
Avg Price per ft²$868,050

Summitt View Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
June 20261$1,589,00013d$794,500—
November 20251$1,625,00070d$812,500—
September 20251$1,720,00066d$860,000Seller's
August 20251$1,655,0005d$551,667Seller's
July 20251$1,649,0008d$824,500Seller's
June 20251$1,665,00032d$555,000Seller's

Frequently Asked Questions — Summitt View Townhouses

How did the Summitt View townhouses market perform in October 2024?+
October 2024 townhouses data for Summitt View is being compiled. Check back soon or view the full Summitt View market report.
What is the absorption rate for townhouses in Summitt View?+
Summitt View townhouses 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 townhouse in Summitt View?+
Summitt View townhouses 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 Summitt View market perform in October 2024?+
In October 2024, the Summitt View real estate market (all property types) recorded 1 sales at an average price of $1,736,100, with properties averaging 6 days on market at $868,050 per square foot.
How did Summitt View compare in October 2024 vs. May 2024?+
Compared to May 2024, overall Summitt View sales volume was unchanged (1 vs 1 homes sold) and the average sold price was down 7% to $1,736,100.
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What does the Summitt View townhouses market mean for you?

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October 2024 Summitt View Townhouses Market Report — Coquitlam & Port Coquitlam & Port Moody | Nav Shahram | Nav Shahram & Reza Hedayat