{"id":1337,"date":"2021-12-09T10:15:00","date_gmt":"2021-12-09T18:15:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-citadel-poco-port-coquitlam-detached-stand-alone-family-realtor-royal-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-mary-hill-citadel-poco-port-coquitlam-detached-stand-alone-family-realtor-royal-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-mary-hill-citadel-poco-port-coquitlam-detached-stand-alone-family-realtor-royal-lepage-sterling-scarcity-money-increase-downsize-supply-demand-price-ensuite-bedrooms\/","title":{"rendered":"Port Coquitlam Sales November 2021 vs 2020- Detached Homes Break $1,300,000"},"content":{"rendered":"<pre style=\"text-align: center;\">Benchmark prices are up across the board in Port Coquitlam between 16.3-27.3% over thier 2020 counterparts.<br \/><br \/> The November benchmark for detached homes was $284,200 higher than its 2020 counterpart. <br \/><strong>November marks a new benchmark high for detached homes in Port Coquitalm as sale prices see a sizable 30-day increase of $34,500<br \/><\/strong>A stock shortage has provided the market with--an unheard of--second substantial price jump in a 12 month period.<\/pre>\n<pre style=\"text-align: center;\"><br \/>Detached homes benchmark pricing is now $70,500 higher than May's previous all time record high.<br \/>Benchmark prices broke $1,300,000 for the first time ever in November. <br \/>November makes the 5th month of pricing increases after prices took a significant dip, of $20,200, in June <br \/><br \/> <br \/>Detached home benchmark pricing:<br \/><br \/>March: $1,226,400<br \/>April: $1,248,500<br \/><strong>May: $1,253,000<\/strong><br \/>June: $1,232,800<br \/>July: $1,241,000<br \/>August:$1,249,300<br \/>September: $1,265,400<strong><br \/><\/strong>October: $1,289,000<strong><br \/>November: $1,323,500<\/strong><br \/><br \/>The trend of low supply continues as all areas see marked drops in supply compared to the same time in 2020.<br \/>Compared to the same time last year supply was down between 25.4-61.2%<\/pre>\n<pre style=\"text-align: center;\"><br \/>Even when compared to October 2021, supply has continued its downward trend.<br \/>Detached homes saw a 19.4% decrease in supply over the last 30 days. <br \/>Condos saw a 31.8% decline, and townhouse supply remain stagnant.<br \/><br \/><br \/>Even with low supply the market remains busy, and sales remain strong; comparable to the same time in 2020.<br \/><br \/><br \/>Townhouse benchmark prices have been slowly creeping up since their March 2021 price jump. <br \/>After six months of trending upwards prices leveled in October before seeing another price bump in November.<br \/><br \/>February: $697,600<br \/><strong>March: $753,600<\/strong><br \/>April: $774,700<br \/>May: $780,000<br \/>June: $790,900<br \/>July: $795,300<br \/>August: $797,700<br \/>September: $814,100<br \/>October: $812,800<br \/>November: $826,500<br \/><br \/>All time high prices across the board. Low supply. High demand. And predicted future increases.<br \/>The market continues to soar. <br \/><br \/><\/pre>\n<p><img decoding=\"async\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/poco_p.jpg\" alt=\"poco p\" \/><\/p>\n<pre style=\"text-align: center;\">&nbsp;<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Benchmark prices are up across the board in Port Coquitlam between 16.3-27.3% over thier 2020 counterparts. The November benchmark for detached homes was $284,200 higher than &hellip;<\/p>\n","protected":false},"author":2,"featured_media":2381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1337","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\/1337","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=1337"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1337\/revisions"}],"predecessor-version":[{"id":3121,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1337\/revisions\/3121"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media\/2381"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}