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Recently Sold Price History in Coquitlam, British Columbia
Real estate prices in Coquitlam, British Columbia have been steadily increasing over the past few years. According to the Canadian Real Estate Association, the average sale price of a home in Coquitlam in 2020 was $1,039,845, a 7.3% increase from 2019. This is significantly higher than the national average of $622,919. The most expensive neighbourhood in Coquitlam is Burke Mountain, where the average sale price was $1,541,945 in 2020. The least expensive neighbourhood was Central Coquitlam, where the average sale price was $845,945.
The real estate market in Coquitlam is expected to remain strong in 2021, with prices continuing to rise. This is due to the city’s strong economy, low unemployment rate, and proximity to Vancouver. As a result, Coquitlam is an attractive option for both buyers and investors looking for a safe and profitable real estate investment.
About Coquitlam, British Columbia
Coquitlam is a city in the province of British Columbia, Canada. It is located in the Lower Mainland region of the province, just east of Vancouver. Coquitlam is the sixth-largest city in the province, with a population of 139,284 as of 2016.
Coquitlam is a rapidly growing city, with a population that has grown by over 10% since 2011. The city is home to a diverse population, with over half of its residents having a first language other than English. The city is also home to a large number of immigrants, with over a quarter of its population having been born outside of Canada.
Coquitlam is a vibrant city, with a wide range of activities and attractions. The city is home to a number of parks and trails, as well as a variety of cultural and recreational facilities. The city also has a thriving arts and culture scene, with a number of galleries, theatres, and festivals.
Coquitlam is also home to a number of educational institutions, including Douglas College, Simon Fraser University, and the British Columbia Institute of Technology. The city is also home to a number of shopping centres, restaurants, and other businesses.
Coquitlam is a great place to live, work, and play. With its diverse population, vibrant culture, and wide range of activities and attractions, Coquitlam is a great place to call home.
Coquitlam, British Columbia average home prices
Coquitlam, British Columbia, is a highly sought-after city known for its natural beauty and excellent amenities. The average home price in Coquitlam has seen substantial growth in recent years, reflecting the strong demand for properties in the area. Based on recent data, the average price of a house in Coquitlam is approximately $1.2 million CAD. This figure highlights the premium nature of the real estate market in Coquitlam, making it an attractive destination for homebuyers seeking a desirable and well-established community.
When examining average days on the market statistics, it is evident that properties in Coquitlam tend to sell relatively quickly. On average, houses in Coquitlam spend around 20 days on the market before being sold. This short duration indicates a competitive market and a high level of buyer interest, emphasizing the desirability of living in Coquitlam. Whether you’re in search of a spacious detached home or a modern condominium, Coquitlam offers a range of options at varying price points, providing potential homeowners with a diverse selection of properties to choose from.
