{"id":1201,"date":"2022-09-19T08:30:00","date_gmt":"2022-09-19T15:30:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/buyers-market-realtor-rod-rhea-ryan-hayes-neighbourhood-coquitlam-sales-stock-supply-interest-rates-increase-inflation-bank-mortgage-borrow-money-royal-lepage-family-deal-price-ensuite-bedrooms\/"},"modified":"2026-04-08T09:23:32","modified_gmt":"2026-04-08T16:23:32","slug":"buyers-market-realtor-rod-rhea-ryan-hayes-neighbourhood-coquitlam-sales-stock-supply-interest-rates-increase-inflation-bank-mortgage-borrow-money-royal-lepage-family-deal-price-ensuite-bedrooms","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/buyers-market-realtor-rod-rhea-ryan-hayes-neighbourhood-coquitlam-sales-stock-supply-interest-rates-increase-inflation-bank-mortgage-borrow-money-royal-lepage-family-deal-price-ensuite-bedrooms\/","title":{"rendered":"Coquitlam Sales August 2022 vs 2021- Fluctuating Sales"},"content":{"rendered":"<pre style=\"text-align: center;\">Benchmark prices are up across the board, between 11.1%-16.6% over thier 2021 counterparts. <br \/><br \/><\/pre>\n<pre style=\"text-align: center;\"><span style=\"text-decoration: underline; font-size: 14px;\"><strong>Detached Market:<\/strong><\/span>&nbsp;<\/pre>\n<pre style=\"text-align: center;\">The June benchmark for detached homes was $188,600 higher than its 2021 counterpart.<\/pre>\n<pre style=\"text-align: center;\"><br \/>August marks the fourth consecutive month that detached home's benchmark pricing has dropped.<br \/>Following the rest of the Tri City area August's pricing decline has once again increased its rate after slowing in July.<br \/>It decreased a substantial $58,800 in the last 30-days;<br \/>a decrease of $38,200 more than the previous month.<br \/><br \/><br \/>April: $1,961,800 <br \/>May: $1,950,800<br \/>June: $1,874,100<br \/>July: $1,853,500<br \/>August: $1,794,700<br \/><strong><span style=\"text-decoration: underline;\"><span style=\"font-size: 14px;\"><br \/>Supply:<\/span><\/span><\/strong><strong><span style=\"text-decoration: underline;\"><span style=\"font-size: 14px;\"><br \/><\/span><\/span><\/strong><\/pre>\n<pre style=\"text-align: center;\">In August detached homes saw 29 less listings than July 2022, and only a 0.4% decrease over the same time last year.<br \/>Condos saw 8 fewer listings than July 2022, and a 1.9% supply increase over August 2021.<br \/>Townhouses saw 12 fewer listings than July 2022. However, supply is up 21.8% compared to August 2021.<\/pre>\n<pre style=\"text-align: center;\"><strong><br \/><br \/><span style=\"text-decoration: underline;\"><strong><span style=\"font-size: 14px;\">Sales:<\/span><\/strong><\/span><br \/><br \/><\/strong>Across the board sales saw a massive decrease compared to August 2021 and an increase compared to July 2022.<strong><br \/><\/strong>Compared to the same time last year sales are down between 23.8%-51%<br \/>Detached homes had the same amount of sales as July 2022<br \/>Townhomes sold 2 more units than July 2022 and condos sold 13 more. <\/pre>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline; font-size: 14px;\"><strong>Townhouse Market:<\/strong><\/span><\/p>\n<pre style=\"text-align: center;\"><strong>Townhouse benchmark prices drcreased for the fourth consecutive month.<\/strong><br \/>Townhouse benchmark pricing is down $22,200 in the last 30 days,<br \/><br \/>April: $1,149,300<br \/>May: $1,121,400<br \/>June: $1,086,500<br \/>July: $1,080,700<br \/>August: $ 1,058,500<br \/><br \/><strong>Townhouse benchmark pricing is $150,400 higher than the same time in 2021.<\/strong><br \/><br \/><br \/><\/pre>\n<pre style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><span style=\"font-size: 14px;\"><strong>SNAPSHOT:<\/strong> <br \/><br \/><\/span><\/span><span style=\"font-size: 14px;\">Fluctuating Sales. Decreasing Prices. Buyer's Market.<br \/><br \/><img decoding=\"async\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/coq_t.jpg\" alt=\"coq t\" \/> <br \/><br \/><br \/><\/span><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Benchmark prices are up across the board, between 11.1%-16.6% over thier 2021 counterparts. Detached Market:&nbsp; The June benchmark for detached homes was $188,600 higher than its &hellip;<\/p>\n","protected":false},"author":2,"featured_media":2352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-area-statistics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/comments?post=1201"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1201\/revisions"}],"predecessor-version":[{"id":3012,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1201\/revisions\/3012"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media\/2352"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}