Townhouses Market Report

May 2024 Summitt View Townhouses Market

Townhouses market data for Summitt View, Coquitlam — May 2024. Average sold price $1,675,000, 1 sold in 30 days, 74 avg days on market.

← FebMayOct →All Reports →
Seller's MarketSummitt View townhouses is currently a seller's market. 33.3% sales-to-active listings ratio — homes selling in an average of 74 days, at an average sold price of $1,675,000 — well-priced properties are attracting strong demand.
1
Townhouses Sold (30d)
$1.68M
Avg Sold Price
74d
Avg Days on Market
3
Homes For Sale

Current Summitt View Townhouses Stats

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

Townhouses Sold (30d)1
Avg Sold Price$1,675,000
Homes For Sale3
Avg Days on Market74 days
Months of Supply3.0 mo

May 2024 Summitt View Market Snapshot

All property types — historical MLS® data for Summitt View in May 2024.

All Types Sold1
Avg Sold Price$1,860,000
Avg Days on Market7 days
Avg Price per ft²$930,000

Summitt View Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
August 20261$1,675,00074d$418,750—
June 20261$1,589,00013d$794,500Seller's
November 20251$1,625,00070d$812,500—
September 20251$1,720,00066d$860,000Seller's
August 20251$1,655,0005d$551,667Seller's
July 20251$1,649,0008d$824,500Seller's

Frequently Asked Questions — Summitt View Townhouses

How did the Summitt View townhouses market perform in May 2024?+
The Summitt View townhouses market currently shows 1 units sold in the last 30 days at an average price of $1,675,000, with an average of 74 days on market. Demand is strong with limited supply. This data reflects the most recent 30-day MLS® activity.
What is the average price of a townhouse in Summitt View?+
The average sold price for a townhouse in Summitt View is currently $1,675,000, 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 townhouses take to sell in Summitt View?+
Townhouses in Summitt View are currently selling in an average of 74 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 townhouses in Summitt View?+
Summitt View townhouses has a sales-to-active listings ratio (SALR) of 33.3%, well above the 20% threshold that defines a seller's market. At this pace, active listings are absorbed quickly, often resulting in multiple offers and sale prices near or above asking. If you're thinking of selling, current conditions are very favourable.
Is it a good time to buy a townhouse in Summitt View?+
Summitt View townhouses are currently in a seller's market. The average price is $1,675,000. 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 Summitt View market perform in May 2024?+
In May 2024, the Summitt View real estate market (all property types) recorded 1 sales at an average price of $1,860,000, with properties averaging 7 days on market at $930,000 per square foot.
How did Summitt View compare in May 2024 vs. February 2024?+
Compared to February 2024, overall Summitt View sales volume was unchanged (1 vs 1 homes sold) and the average sold price was up 14% to $1,860,000.
Explore More

What does the Summitt View townhouses market mean for you?

Nav specialises in Summitt View real estate and can give you a personalised view of the townhouses 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