Condos Market Report

August 2023 Coquitlam West Condos Market

Condos market data for Coquitlam West, Coquitlam — August 2023. Average sold price $786,685, 28 sold in 30 days, 51 avg days on market.

AugSep →All Reports →
Buyer's MarketCoquitlam West condos is currently a buyer's market. 6.2% sales-to-active listings ratio — homes selling in an average of 51 days, at an average sold price of $786,685 — well-priced properties are attracting strong demand.
28
Condos Sold (30d)
$787K
Avg Sold Price
51d
Avg Days on Market
454
Homes For Sale

Current Coquitlam West Condos Stats

Live MLS® data updated every 5 minutes. Most recent 30-day rolling window.

Condos Sold (30d)28
Avg Sold Price$786,685
Homes For Sale454
Avg Days on Market51 days
Months of Supply16.2 mo

August 2023 Coquitlam West Market Snapshot

All property types — historical MLS® data for Coquitlam West in August 2023.

All Types Sold5
Avg Sold Price$849,740
Avg Days on Market19 days
Avg Price per ft²$240,541

Coquitlam West Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
August 202625$788,01246d$179,416—
July 202646$728,00245d$225,905Seller's
June 202659$788,79037d$288,170Seller's
May 202649$863,56231d$378,479Seller's
April 202651$720,56242d$233,068Seller's
March 202653$765,29145d$229,220Seller's

Frequently Asked Questions — Coquitlam West Condos

How did the Coquitlam West condos market perform in August 2023?+
The Coquitlam West condos market currently shows 28 units sold in the last 30 days at an average price of $786,685, with an average of 51 days on market. Buyers have more choice and negotiating leverage. This data reflects the most recent 30-day MLS® activity.
What is the average price of a condo in Coquitlam West?+
The average sold price for a condo in Coquitlam West is currently $786,685, based on MLS® sales over the past 30 days. Prices vary by size, floor, age, and condition. Contact a local agent for a property-specific valuation.
How long do condos take to sell in Coquitlam West?+
Condos in Coquitlam West are currently selling in an average of 51 days on market. Well-priced properties in good condition tend to sell faster — sometimes within days of listing. Properties at higher price points may take longer.
What is the absorption rate for condos in Coquitlam West?+
Coquitlam West condos has a sales-to-active listings ratio (SALR) of 6.2%, 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 condo in Coquitlam West?+
Coquitlam West condos are currently in a buyer's market. The average price is $786,685. 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 Coquitlam West market perform in August 2023?+
In August 2023, the Coquitlam West real estate market (all property types) recorded 5 sales at an average price of $849,740, with properties averaging 19 days on market at $240,541 per square foot.
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