How is the Market in Coquitlam? November 2019

 

Blanca is providing us interesting information about Real Estate Market Statistics for November.


In her video she is focusing on the Real Estate Market for selling and buying properties in Coquitlam BC.


There are three types of market: there is a buyer’s market, sellers market and balanced market.


Right now in Coquitlam in reference to attached properties (condominiums and townhouses) we are in a sellers to balance market depending on the price point you are at. What is selling faster is properties listed between CAD $500.000 - $600.000.

In comparison to October of the same year the market is facing a 28% decline on sold houses.


For detached properties in Coquitlam we have also a sellers market, if you are looking for properties between CAD $800.0000 – $900.000, those are in high demand right now, they are selling rapidly. In comparison to October of the same year there is a 17% decline in the inventory and a 12% decrease in properties sold.


For more detailed information click on the video.


If you want to reach out to Blanca you can call her at 604.831.7719 or send her an email to info@blancalzo.com she will be happy to provide more information or answer your questions.


Official Site for Statistics: https://www.rebgv.org/




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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.