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Coquitlam RE/MAX Market Reports

, When do you think 's SFD Home Prices will Peak.. turn to a Buyers Market?  

How can you get More Listings SOLD?
Over Priced Listings are still the #1 problem
(59% expiry rate in 2013):  Only 26% of last years listings were listed on the money to be sold without having to reduce the listing price.

How can make your CMA's More Powerful and get a higher conversion at the RIGHT PRICE?

Over 1,000 CMA'S this Year have used these Advanced tools to get those sharper prices!

The ABSOLUTE Most Accurate Home Price Index (paired) HPIp  now enables you to see the Home Value Histories, the Current Values to help you create your instant CMA's and soon to come the Forecasts

 
, may we show you how we help so many?  (Yes)
Click Here  to Expand the Movie  
Price Reductions Work! In August, in the Vancouver area, 47% of the single family home sales over 30 Days On Market REDUCED their list price by $45,000 (median)
At the same time 59% of the August single family sales in FV/Chilliwack that were over 30 DOM REDUCED their list price by $19,994 (median) 

    Note:  61% of the listings now expiring had no price reduction!  Last year 63.5% of the listings expired!  
  

Sponsored in part by Virtual Real Estate Assistants​


Coquitlam

Sept 1, 2021

gas gauge

Current: Coquitlam's 28 %SOLD Rate indicates a Seller Market.  
                (This means 28 homes out  of 100 sold last month with an Average  $9,950 Discount from the Original List Price)
                but do check the many micro-markets 28 %SOLD rates for each neighbourhood.

Most Active Range:  Homes between $1.0 mill. - $1.2 mill. have a 50.0 %SOLD rate.
Least Active Range: Homes above $2.3 mill. have 9.9 %SOLD rate.

History: The Coquitlam Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $474,210.
                The Coquitlam Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $281,976.
                        *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Coquitlam has a normal Listing supply; 199 homes are for sale. With the 28 %SOLD Monthly Rate (STR)  gives us ~4 months of inventory.  4% of the Active Listings have reduced their price by $95.100 on Average or $40,000 Median. We project Coquitlam Detached to be a Seller Market.

         

The Real Estate bubble burst is over! The Vancouver Market just rebounded from the $17,304 drop in July to a $9,115 INCREASE in August. That is a 77% of Single-Family Home Markets just went up! Why did this turn around? Although the number of sales is normal, we now have the lowest listing inventory since 2011. This lack of listings is partially due to the covid infections/lockdowns resulting in many sellers putting plans on hold. Here in the Fraser Valley 89% of the home market increasing by an average of $29,258. This is the largest August price increase we've seen in the last 11years. This Strong Sellers’ market  is a combination of high buyer demand and one of the lowest listing inventories since 2011. We are forecasting that the majority of the Metro Vancouver and Fraser Valley Markets will continue to be a Seller's Market in the coming months.

Currently, Condos are now in a Seller's Market with 63% of the Greater Vancouver (Lower Mainland) Condo Prices increasing $3,264 on average. On the other hand, 68% Townhouse Markets (16 out of 28) prices increased $5,149 on average. We analyze and provide 97 individual City's Home Price Indexes to supply you with the MOST ACCURATE Market Trends every Saturday. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighborhood.

   
   
 

 
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Spring 2014 Market News

 STOP  61% of 's listings from EXPIRING!

 

 

Re/Max Market Share Reports 

Sponsored in part by Virtual Real Estate Assistants​

Hello  , fellow RE/MAX Agent.
These Re/MAX Market Share Reports are sponsored by
the Canada's Most Referred Referral Network! we thank  them for their support and please refer to them in your appreciation.

West Van - Steve Burk North Van - steve Burk Downtown Westend - Steve Burk Van Westside - Sharon Lum Coquiltam - Phil Haig Port Coquiltam and Port Moody -Phil Haig Mission - Bill Coughlin Chilliwack - Corney Les Cultus Lake - Bill Coughlin Abbotsford - Bill Coughlin North Langley - Jorda Langley - Bill Coughlin East Surrey - Greg Mark West Surrey - Greg Mark Burnaby - Albert Yen New West - John Mackenzie North Delta - Tom Edwards White Rock - Team Claude Richmond Multi Family - Larry and Taylor Biggar Richmond - Larry and Taylor Biggar Coal Harbour - Steve Burk N. Burr..by - Charlie Kiers Maple Ridge - Lori Blake Ladner Delta - Gurdial Badh East Van Multi Fmly - Gurdial Badh East Van -Charile Kiers Powell River - Ross Cooper Whistler Edmonton - John Carle Calgary - 1 Calgary - 2 Calgary - 3 Kelowna Edmonton - Jogn Carle 2 Calgary - 4 Calgary - 5 Calgary - 6 Calgary - 7 Calgary - 8 Calgary - 9 Calgary - 10 Calgary - 11 Calgary - 12 Calgary - 13 Nanaimo - Rudi Widdershoven Victoria RMR Referral Network The Network is growing and growing !
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Remax Report ...If you cannot see this image   you need to click through the top link

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NOTE: This representation is based in whole or in part on data generated by the Real Estate Boards of Greater Vancouver, Fraser Valley, Chilliwack which assume no responsibility for its accuracy.   

Previous Quarterly Report     The Cumulative report.. the BEST REPORT for your CMA to help you win the listings.                                          Copyright © 2011 by Bill Coughlin

We thank Bill Coughlin for their support of these Coquitlam Real Estate Market Updates which include sub-areas such as Coquitlam West, Maillardville, Westwood Plateau, Burke Mountain, Central Coquitlam etc. Contact Bill and the Team as the Local Experts....  more details.

These Coquitlam Real Estate update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.

These Coquitlam Real Estate update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.

These Coquitlam Real Estate update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.

These Coquitlam Real Estate update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.

Download the full Coquitlam.Marketupdatereport.PDF

These Coquitlam Real Estate update includes the sub areas Coquitlam West, Burke Mountain, Central Coquitlam, Westwood Plateau, Maillardville etc.

These Coquitlam Real Estate update includes the sub areas Coquitlam West, Burke Mountain, Central Coquitlam, Westwood Plateau, Maillardville etc.

These Coquitlam Real Estate update includes the sub areas Coquitlam West, Burke Mountain, Central Coquitlam, Westwood Plateau, Maillardville etc.

These Coquitlam Real Estate update includes the sub areas Coquitlam West, Burke Mountain, Central Coquitlam, Westwood Plateau, Maillardville etc.

This Coquitlam Real Estate Market update includes the sub areas Westwood Plateau, Coquitlam West, Burke Mountain, Central Coquitlam, Maillardville etc.

 

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