Here are the latest real estate market statistics from Macdonald Realty on the tri-cities listings and sales in February 2017.
In the Coquitlam market, there were 66 sales and 266 active listings for detached homes at the end of February. The benchmark sale price was $1,120,800, and the average days on market were 41. Burke Mountain and Central Coquitlam, with 13 sales each, experienced the most sales activities.
The condo market had 99 sales and 132 active listings. The benchmark sale price was $359,100 with 24 average days on market. The hottest market for sales was North Coquitlam, 43 sales.
Townhome featured 26 sales and 45 active listings. The benchmark sales price was $527,200 with an average days on market of 37. Burke Mountain and Westwood Plateau, with 9 sales each, had the most sales activities in February.
It’s a seller’s market for condos and townhomes.