{"id":1280,"date":"2022-04-15T10:00:00","date_gmt":"2022-04-15T17:00:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/realtor-rod-rhea-ryan-hayes-neighbourhood-poco-port-coquitlam-sales-demand-supply-increase-royal-lepage-2022-hot-housing-record-sales-ensuite-bedroom-yard-suite\/"},"modified":"2026-04-08T09:24:04","modified_gmt":"2026-04-08T16:24:04","slug":"realtor-rod-rhea-ryan-hayes-neighbourhood-poco-port-coquitlam-sales-demand-supply-increase-royal-lepage-2022-hot-housing-record-sales-ensuite-bedroom-yard-suite","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/realtor-rod-rhea-ryan-hayes-neighbourhood-poco-port-coquitlam-sales-demand-supply-increase-royal-lepage-2022-hot-housing-record-sales-ensuite-bedroom-yard-suite\/","title":{"rendered":"Port Coquitlam Sales March 2022 vs 2021-Townhomes Near $1,000,000"},"content":{"rendered":"
Benchmark prices are up across the board in Port Coquitlam between 25.8-31.7% over thier 2021 counterparts.
 The March benchmark for detached homes was $388,600  higher than its 2021 counterpart. 

March marks a new benchmark high for detached homes in Port Coquitalm as sale prices see a staggering 30-day increase of $72,400;
and a massive $166,900 incrase in just 60 days. 

<\/strong>Detached homes have now broken $1,600,000 for the first time.<\/span>
<\/strong><\/span>
<\/span>
March marks the seventh consecutive month that detached homes have s<\/span>et a new all time price record.
In the last seven months detached homes have increased an average of $349,600.

 
Detached home benchmark pricing:

July 2021: $1,241,000
August:$1,249,300
September: $1,265,400
<\/strong>October: $1,289,000
<\/strong>November: $1,323,500
December: $1,365,200
January2022: $1,448,100
February: $1,542,600
March: $1,615,000

<\/pre>\n
As we begin spring supply continues to increase across the board, however, the market is still facing a supply shortage compared to the same time in 2021.<\/span><\/pre>\n

Compared to the same time last year supply was down between 25-42%<\/pre>\n
Supply has now risen across the board for three consecutive months.
A balanced market may be on the horizon.<\/strong><\/p>\n
Detached homes saw a 21.4% increase in supply over the last 30 days. 
Condos saw a 22.9% increase, and townhouse supply saw a massive 57.9% increase in active listings.<\/p>\n
Townhouse’ benchmark prices took continue to edge towards $1,000,000 in March.<\/p>\n
We are now just $20,300 away from the average Port Coquitlam townhouse costing over a million.<\/p>\n
The benchmark price for a townhome is $226,100 higher than the same time last year.
<\/strong><\/p>\n

July: $795,300
August: $797,700
September: $814,100
October: $812,800
November: $826,500
December: $850,300
<\/strong>January: $870,100
February: $939,300
March: $979,900<\/strong>

All time high prices across the board. Increasing supply. High demand. And predicted future increases.

<\/pre>\n
\"poco<\/p>\n
 <\/pre>\n","protected":false},"excerpt":{"rendered":"
Benchmark prices are up across the board in Port Coquitlam between 25.8-31.7% over thier 2021 counterparts. The March benchmark for detached homes was $388,600 higher than …<\/p>\n","protected":false},"author":2,"featured_media":2367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1280","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