Here are the latest real estate market statistics from Macdonald Realty on the tri-cities listings and sales in July 2017.
In the Coquitlam market, there were 92 sales and 405 active listings for detached homes at the end of the month. The benchmark sale price was $1,276,500, and the average days on market were 25. Central Coquitlam with 27 sales experienced the most sales activity.
The condo market had 139 sales and 147 active listings. The benchmark sale price was $459,400 with 15 average days on market. The hottest market for sales was North Coquitlam, 60 sales.
Townhome featured 40 sales and 60 active listings. The benchmark sales price was $631,000 with an average days on market of 23. Burke Mountain with 14 sales had the most sales activity.
It’s a seller’s market for condos and townhomes.