The Real Estate Board of Greater Vancouver (REBGV) has released its statistics for June 2017, which that demand continues to outpace supply — especially for condos.
“Two distinct markets have emerged this summer. The detached home market has seen demand
ease back to more typical levels while competition for condominiums is creating multiple offer
scenarios and putting upward pressure on prices for that property type,” Jill Oudil, REBGV
president said.
For detailed statistics for the Tri-Cities real estate market see below.
Coquitlam Real Estate
| Listings | Month-over-month change in listings | Sales | Month-over-month change in sales | Median selling price | |
|---|---|---|---|---|---|
| Detached | 234 | -2.1% | 127 | -11.8% | $1,350,000 |
| Attached | 64 | -8.6% | 50 | -34.2% | $775,000 |
| Apartments | 175 | +0.6% | 143 | +2.9% | $480,000 |
Port Moody Real Estate
| Listings | Month-over-month change in listings | Sales | Month-over-month change in sales | Median selling price | |
|---|---|---|---|---|---|
| Detached | 48 | +2.1% | 21 | -30.0% | $1,218,000 |
| Attached | 21 | -30.0% | 19 | -42.4% | n/a |
| Apartments | 46 | -19.3% | 50 | +19.0% | 539,350 |
Port Coquitlam Real Estate
| Listings | Month-over-month change in listings | Sales | Month-over-month change in sales | Median selling price | |
|---|---|---|---|---|---|
| Detached | 75 | -23.5% | 66 | -2.9% | $973,500 |
| Attached | 42 | -17.6% | 40 | -7.0% | $663,000 |
| Apartments | 71 | 0.0% | 68 | +13.3% | $369,000 |
Click here to see the full REBGV statistics package. If you have any questions about real estate in Coquitlam, Port Moody or Port Coquitlam, feel free to get in touch using the ‘Connect’ button above.