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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

Nov 1, 2024

gas gauge

Current: Coquitlam's 10 %SOLD Rate indicates a Buyer Market.  
                (This means 10 homes out  of 100 sold last month with an Average  $47,999 Discount from the Original List Price)

Most Active Range:  Homes below $1.45 mill.-$1.7 mill have a 22.2 %SOLD rate.
Least Active Range: Homes above $2.5 mill. have 4.8 %SOLD rate.

History: The Coquitlam Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $16,999.
                The Coquitlam Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices decreased $21,468.
                        *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Coquitlam has a normal Listing supply; 451 homes are for sale. With the 10 %SOLD Monthly Rate (STR)  gives us ~10, months of inventory. 8% of the Active Listings have reduced their price by $84,235 on Average or $60,000 Median. We project Coquitlam Detached now in a Buyer Market.

         

Greater Vancouver October 2024:

October's real estate report shows that 52% of detached homes in Greater Vancouver lost value this month. On average, single-family homes in Metro Vancouver saw a price drop of $1,045. With mortgage rates going down, buyers will be more active, especially in the condo and townhouse markets. We forecast that the Metro Vancouver area to remain a buyer's market until the end of the year.

In October, the average price of condos decreased by $3,925, and townhouses saw a decline of $3,155. We forecast that the condo and townhouse markets will remain a buyer's market in the coming months.

To keep up with the latest market trends, tune in every Saturday at noon on VancouverMarketReports.com. We analyze which areas in the Lower Mainland are rising or falling. For a full update on market values, forecasts, and a detailed analysis of your neighborhood, reach out to Bill Coughlin and the Coughlin Team at 778-374-3744.

 

Fraser Valley October 2024:

October's real estate statistics show that 50% of detached homes in the Fraser Valley lost value this month. Overall, single-family homes in the Fraser Valley had an average price drop of $2,083. With mortgage rates going down, buyers will be more active, especially in the condo and townhouse markets. For now, we expect the Fraser Valley to remain a buyer's market until the end of the year.

In October, the average price of condos decreased by $1,364, and townhouses saw a decline of $940. We forecast that the condo and townhouse markets will remain a buyer's market in the coming months.

To keep up with the latest market trends, tune in every Saturday at noon on VancouverMarketReports.com. We analyze which areas in the Lower Mainland are rising or falling. For a full update on market values, forecasts, and a detailed analysis of your neighborhood, reach out to Bill Coughlin and the Coughlin Team at 778-374-3744.

 

 

 
......

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.

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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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