{"id":1294,"date":"2022-03-16T10:15:00","date_gmt":"2022-03-16T17:15:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/realtor-rod-rhea-ryan-hayes-neighbourhood-coquitlam-sales-stock-supply-increase-royal-lepage-2022-sterling-hot-housing-record-sellers-average-asking-price-active-market-ensuite-bedrooms-kitchen-1\/"},"modified":"2026-04-08T09:24:04","modified_gmt":"2026-04-08T16:24:04","slug":"realtor-rod-rhea-ryan-hayes-neighbourhood-coquitlam-sales-stock-supply-increase-royal-lepage-2022-sterling-hot-housing-record-sellers-average-asking-price-active-market-ensuite-bedrooms-kitchen-1","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/realtor-rod-rhea-ryan-hayes-neighbourhood-coquitlam-sales-stock-supply-increase-royal-lepage-2022-sterling-hot-housing-record-sellers-average-asking-price-active-market-ensuite-bedrooms-kitchen-1\/","title":{"rendered":"Coquitlam Sales February 2022 vs 2021- Townhouse Pricing Exceeds $1,000,000"},"content":{"rendered":"<pre style=\"text-align: center;\">Benchmark prices are up across the board, between 23.4-31.7% over thier 2021 counterparts. <\/pre>\n<pre style=\"text-align: center;\"><br \/>Six months after breaking $1,500,000 detached homes surpassed the $1,600,000 mark in December.<br \/>A short summer lull in rapid pricing increases allowed buyers to temporarily see some reprieve.<br \/>However November saw the return of larger month-over-month increases.<br \/>Two months after breaking 1.6 detached homes has blown past a benchmark price of $1,700,000<br \/><br \/><br \/>June through October saw a $36,900 increase in benchmark price. <br \/>December saw $38,300 increase over November's benchmark price.<br \/>January saw a $59,500 increase over December's benchmark price.<br \/><strong>In the last 30 days the benchmark price for detached homes has increased $68,500<\/strong><br \/><br \/><br \/>December marks the 20th consecutive month over month increase for detached home pricing.<br \/><br \/>June: $1,501,800<br \/>July: $1,505,400<br \/>August: $1,508,600<br \/>September: $1,516,200<br \/>October: $1,538,700<br \/>November: $1,577,900<br \/>December: $1,616,200<br \/>January: $1,675,700<br \/>February: $1,744,200<br \/><br \/><strong>In one year benchmark prices for detached homes in Coquitlam have increased $381,200<\/strong><br \/><br \/><\/pre>\n<pre style=\"text-align: center;\">Supply has now risen for townhomes and detached homes for two consecutive months, indicating that the market is beginning to edge towards a balance.<br \/>Detached homes saw a 34% increase in supply over the last 30 days. <br \/>Condos saw a 37% increase, and townhouse supply saw a 33% increase in active listings.<br \/><br \/><\/pre>\n<pre style=\"text-align: center;\">Over the past six months townhouse benchmark prices were not increasing as rapidly as detached homes.<br \/>They had been slowly creeping up since a May 2021 price jump.<br \/>However February saw a massive pricing increase.<br \/><br \/><strong>Townhouse sales prices increased an average of $63,2800 in the last 30 days;<br \/>And their benchmark sales price surpassed 1 million for the first time.<br \/><\/strong>Townhouse prices may be beginning to close the large gap that has formed between townhomes and detached homes and a series of prices jumps may be on the way<br \/><br \/><br \/>August: $848,900<br \/>September: $863,600<br \/>October: $878,100<br \/>November: $890,100<br \/>December: $904,500<br \/>January: $938,300<br \/><strong>February: $1,002,100<\/strong><br \/><br \/><span style=\"text-decoration: underline;\">Townhouse benchmark pricing is $240,200 higher than the same time in 2021.<\/span><br \/>Townhouse prices have now increased for 18 consecutive months. <br \/><br \/><\/pre>\n<p><img decoding=\"async\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/coq_p.jpg\" alt=\"coq p\" \/><\/p>\n<pre style=\"text-align: center;\">&nbsp;<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Benchmark prices are up across the board, between 23.4-31.7% over thier 2021 counterparts. Six months after breaking $1,500,000 detached homes surpassed the $1,600,000 mark in December.A &hellip;<\/p>\n","protected":false},"author":2,"featured_media":2369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1294","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\/1294","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=1294"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1294\/revisions"}],"predecessor-version":[{"id":3088,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1294\/revisions\/3088"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media\/2369"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}