{"id":1331,"date":"2021-12-15T10:15:00","date_gmt":"2021-12-15T18:15:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-coquitlam-detached-stand-alone-family-realtor-royal-eagle-ridge-lepage-sterling-scarcity-money-increase-downsize-supply-demand-price-ensuite-bedrooms\/"},"modified":"2026-04-08T09:24:08","modified_gmt":"2026-04-08T16:24:08","slug":"rod-rhea-ryan-hayes-neighbourhood-coquitlam-detached-stand-alone-family-realtor-royal-eagle-ridge-lepage-sterling-scarcity-money-increase-downsize-supply-demand-price-ensuite-bedrooms","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-coquitlam-detached-stand-alone-family-realtor-royal-eagle-ridge-lepage-sterling-scarcity-money-increase-downsize-supply-demand-price-ensuite-bedrooms\/","title":{"rendered":"Coquitlam Sales November 2021 vs 2020- Low Supply &#038; Increasing Prices"},"content":{"rendered":"<pre style=\"text-align: center;\">Benchmark prices are up across the board, between 14.2-24% 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 and November have seen a return to large monthly pricing increases.<br \/>Ocotber saw largest 30 day increase in 6 months, and November nearly doubles October's 30 day increase.<br \/><br \/>October saw a $22,500 increase over September's benchmark prices. <br \/>November saw $39,200 increase over October's Benchmark prices.<br \/><strong>This amounts to a $61,700 increase in just 60 days.<\/strong> <br \/><br \/>November marks the 17th consecutive month over month increase for detached home pricing.<br \/><br \/>May: $1,499,100<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 \/><br \/><strong>November 2021 prices are $305,000 higher than November 2020.<\/strong><br \/><br \/><\/pre>\n<pre style=\"text-align: center;\">September 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: 46.1-73.4%<br \/>Stock is also down compared to October 2021, marking this the third consecutive month of steadly lowering supply:<br \/> Detached: -14.5%<br \/>Condo: -19.8%<br \/>Townhouse: 0%<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 \/><br \/><strong>Townhouse benchmark pricing is $161,700 higher than the same time in 2020.<\/strong><br \/>Townhouse prices have now increased for 15 consecutive months. <br \/><br \/><\/pre>\n<p><img decoding=\"async\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/coq_n.jpg\" alt=\"coq n\" \/><\/p>\n<pre style=\"text-align: center;\">&nbsp;<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Benchmark prices are up across the board, between 14.2-24% 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":2378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1331","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\/1331","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=1331"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1331\/revisions"}],"predecessor-version":[{"id":3118,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1331\/revisions\/3118"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media\/2378"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}