Houses Market Report

November 2023 River Springs Houses Market

Houses market data for River Springs, Coquitlam — covering sales volume, pricing, and days on market for November 2023.

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Buyer's MarketRiver Springs houses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.1M
Avg Sold Price
5d
Avg Days on Market
$550,000
Avg $/sqft

November 2023 River Springs Market Snapshot

All property types — historical MLS® data for River Springs in November 2023.

All Types Sold1
Avg Sold Price$1,100,000
Avg Days on Market5 days
Avg Price per ft²$550,000

River Springs Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
July 20261$1,205,00017d$602,500—
May 20262$1,247,50018d$911,750—
April 20261$990,000—$990,000Seller's
December 20251$1,360,00084d$1,360,000—
October 20252$1,185,00044d$867,500Seller's
August 20252$1,125,00076d$787,500Seller's

Frequently Asked Questions — River Springs Houses

How did the River Springs houses market perform in November 2023?+
November 2023 houses data for River Springs is being compiled. Check back soon or view the full River Springs market report.
What is the absorption rate for houses in River Springs?+
River Springs houses 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 house in River Springs?+
River Springs houses 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 River Springs market perform in November 2023?+
In November 2023, the River Springs real estate market (all property types) recorded 1 sales at an average price of $1,100,000, with properties averaging 5 days on market at $550,000 per square foot.
How did River Springs compare in November 2023 vs. September 2023?+
Compared to September 2023, overall River Springs sales volume was down 67% (3 vs 1 homes sold) and the average sold price was down 12% to $1,100,000.
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