Condos Market Report

February 2024 Cape Horn Condos Market

Condos market data for Cape Horn, Coquitlam — covering sales volume, pricing, and days on market for February 2024.

← JanFebMar →All Reports →
Buyer's MarketCape Horn condos is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.62M
Avg Sold Price
11d
Avg Days on Market
$405,000
Avg $/sqft

February 2024 Cape Horn Market Snapshot

All property types — historical MLS® data for Cape Horn in February 2024.

All Types Sold1
Avg Sold Price$1,620,000
Avg Days on Market11 days
Avg Price per ft²$405,000

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 February 2024?+
February 2024 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 February 2024?+
In February 2024, the Cape Horn real estate market (all property types) recorded 1 sales at an average price of $1,620,000, with properties averaging 11 days on market at $405,000 per square foot.
How did Cape Horn compare in February 2024 vs. January 2024?+
Compared to January 2024, overall Cape Horn sales volume was down 67% (3 vs 1 homes sold) and the average sold price was up 10% to $1,620,000.
Explore More

What does the Cape Horn condos market mean for you?

Nav specialises in Cape Horn real estate and can give you a personalised view of the condos market.

Get a Market Briefing

Why work with Nav

Real estate expertise you can count on — reach out any time.

Top 10% of Realtors in GVROver 95 Five-Star reviews on GoogleSpeak English + Farsi
Call 778-743-8686or send a message