{"id":1227,"date":"2022-07-26T16:00:00","date_gmt":"2022-07-26T23:00:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/realtor-rod-rhea-ryan-hayes-neighbourhood-coquitlam-sales-stock-supply-decrease-interest-rates-bank-mortgage-borrow-money-slow-royal-lepage-2022-family-sellers-asking-price-market-ensuite-bedrooms-k-2\/"},"modified":"2026-04-08T09:23:32","modified_gmt":"2026-04-08T16:23:32","slug":"realtor-rod-rhea-ryan-hayes-neighbourhood-coquitlam-sales-stock-supply-decrease-interest-rates-bank-mortgage-borrow-money-slow-royal-lepage-2022-family-sellers-asking-price-market-ensuite-bedrooms-k-2","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/realtor-rod-rhea-ryan-hayes-neighbourhood-coquitlam-sales-stock-supply-decrease-interest-rates-bank-mortgage-borrow-money-slow-royal-lepage-2022-family-sellers-asking-price-market-ensuite-bedrooms-k-2\/","title":{"rendered":"Coquitlam Sales June 2022 vs 2021- Decreasing Sales & Prices"},"content":{"rendered":"
Benchmark prices are up across the board, between 15.4-19.8% over thier 2021 counterparts. 

<\/pre>\n
Detached Market:<\/strong><\/span> <\/pre>\n
The June benchmark for detached homes was $283,200 higher than its 2021 counterpart.<\/pre>\n

June marks the second consecutive month (& 2nd time in just over two years) that detached home's benchmark pricing has dropped.
It decreased a substantial $76,700 in the last 30-days. 


April: $1,961,800 
May: $1,950,800
June: $1,874,100

Supply:<\/span><\/span><\/strong>
<\/span><\/span><\/strong><\/pre>\n
In June detached homes saw 9 less listings than May 2022, and a 22.3% decrease over the same time last year.
Condos saw 31 fewer listings than May 2022, and a 19.1% supply increase over June 2021.
Townhouses the same amount of listings as May 2022. However, supply has still down by 8.6% compared to June 2021.<\/pre>\n


Sales:<\/span><\/strong><\/span>

<\/strong>Sales saw a massive decrease across the board, compared to both May 2022 and June 2021
<\/strong>Compared to the same time last year sales are down between 18.9-62.7%<\/pre>\n
Townhouse Market:<\/strong><\/span><\/p>\n
Townhouse benchmark prices drcreased for the second consecutive month.<\/strong>
Townhouse benchmark pricing is down $34,900 in the last 30 days,
& over $62,000 in the last 60 days. <\/pre>\n

April: $1,149,300
May: $1,121,400
June: $1,086,500

Townhouse benchmark pricing is $179,500 higher than the same time in 2021.<\/strong>


<\/pre>\n
SNAPSHOT:<\/strong> 

<\/span><\/span>Decreasing Sales. Decreasing Prices. 

\"coquitlam 
<\/span><\/pre>\n","protected":false},"excerpt":{"rendered":"
Benchmark prices are up across the board, between 15.4-19.8% over thier 2021 counterparts. Detached Market:  The June benchmark for detached homes was $283,200 higher than its …<\/p>\n","protected":false},"author":2,"featured_media":2355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t