{"id":1319,"date":"2022-01-17T11:45:00","date_gmt":"2022-01-17T19:45:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-coquitlam-sales-stock-supply-reduced-royal-lepage-2022-sterling-hot-housing-record-sellers-average-asking-price-active-market-ensuite-bedrooms-kitchen\/"},"modified":"2026-04-08T09:24:07","modified_gmt":"2026-04-08T16:24:07","slug":"rod-rhea-ryan-hayes-neighbourhood-coquitlam-sales-stock-supply-reduced-royal-lepage-2022-sterling-hot-housing-record-sellers-average-asking-price-active-market-ensuite-bedrooms-kitchen","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-coquitlam-sales-stock-supply-reduced-royal-lepage-2022-sterling-hot-housing-record-sellers-average-asking-price-active-market-ensuite-bedrooms-kitchen\/","title":{"rendered":"Coquitlam Sales December 2021 vs 2020- Detached Homes Break $1,600,000"},"content":{"rendered":"<pre style=\"text-align: center;\">Benchmark prices are up across the board, between 16.8-25.1% over thier 2020 counterparts. <\/pre>\n<pre style=\"text-align: center;\"><br \/>After breaking the $1,500,000 mark in June detached homes began to slow their rapid price increase. <br \/>However, along with the rest of the Tri City area, October through December have seen a return to large monthly pricing increases.<br \/>Just six months after breaking $1,500,000 detached homes have surpassed the $1,600,000 mark. <br \/><br \/>October saw a $22,500 increase over September's benchmark price. <br \/>November saw $39,200 increase over October's benchmark price.<br \/>December saw a $38,3000 increase over November benchmark price.<br \/><strong>In the last 60 days the benchmark price for detached homes has increased $77,500<\/strong><br \/><br \/><br \/>December marks the 18th 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 \/><br \/><strong>December 2021 prices are $324,400 higher than November 2020.<\/strong><br \/><br \/><\/pre>\n<pre style=\"text-align: center;\">December was a slow month in terms of supply accross the board.<br \/> The entire market saw a large decrease in supply compared to the same period in 2020: 40.5-85.1%<br \/><br \/>Stock is also down compared to November 2021, marking this the fourth consecutive month of steadly lowering supply:<br \/> Detached: -68%<br \/>Condo: -271.2%<br \/>Townhouse: -670%<br \/><br \/><br \/><\/pre>\n<pre style=\"text-align: center;\">Townhouse benchmark prices may not be increasing as rapidly as detached homes, but prices have been slowly creeping up since their May 2021 price jump:<br \/><br \/>April: $786,700<br \/><strong>May: $833,900<\/strong><br \/>June: $843,200<br \/>July: $847,300<br \/>August: $848,900<br \/>September: $863,600<br \/>October: $878,100<br \/>November: $890,100<br \/>December: $904,500<br \/><br \/><strong>Townhouse benchmark pricing is $170,900 higher than the same time in 2020.<\/strong><br \/>Townhouse prices have now increased for 16 consecutive months. <br \/><br \/><\/pre>\n<p><img decoding=\"async\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/coq_o.jpg\" alt=\"coq o\" \/><\/p>\n<pre style=\"text-align: center;\">&nbsp;<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Benchmark prices are up across the board, between 16.8-25.1% over thier 2020 counterparts. After breaking the $1,500,000 mark in June detached homes began to slow their &hellip;<\/p>\n","protected":false},"author":2,"featured_media":2375,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1319","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\/1319","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=1319"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1319\/revisions"}],"predecessor-version":[{"id":3108,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1319\/revisions\/3108"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media\/2375"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}