Condos Market Report

October 2023 Cape Horn Condos Market

Condos market data for Cape Horn, Coquitlam — covering sales volume, pricing, and days on market for October 2023.

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Buyer's MarketCape Horn condos is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.5M
Avg Sold Price
7d
Avg Days on Market
$750,000
Avg $/sqft

October 2023 Cape Horn Market Snapshot

All property types — historical MLS® data for Cape Horn in October 2023.

All Types Sold1
Avg Sold Price$1,500,000
Avg Days on Market7 days
Avg Price per ft²$750,000

Cape Horn Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
July 20261$2,950,00016d$590,000—
June 20262$1,205,50069d$853,000—
May 20264$1,291,75025d$721,292Seller's
April 20262$1,435,75041d$717,875Seller's
March 20261$1,130,00028d$565,000Seller's
February 20262$1,000,0003d$1,000,000Seller's

Frequently Asked Questions — Cape Horn Condos

How did the Cape Horn condos market perform in October 2023?+
October 2023 condos data for Cape Horn is being compiled. Check back soon or view the full Cape Horn market report.
What is the absorption rate for condos in Cape Horn?+
Cape Horn condos has a sales-to-active listings ratio (SALR) of 10.1%, 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 Cape Horn?+
Cape Horn condos are currently in a buyer's market. 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 Cape Horn market perform in October 2023?+
In October 2023, the Cape Horn real estate market (all property types) recorded 1 sales at an average price of $1,500,000, with properties averaging 7 days on market at $750,000 per square foot.
How did Cape Horn compare in October 2023 vs. September 2023?+
Compared to September 2023, overall Cape Horn sales volume was down 67% (3 vs 1 homes sold) and the average sold price was up 7% to $1,500,000.
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What does the Cape Horn condos market mean for you?

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