{"id":1349,"date":"2021-11-15T14:30:00","date_gmt":"2021-11-15T22:30:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-realtor-royal-lepage-sterling-coquitlam-detached-stand-alone-family-pricing-increase-jump-demand-2021-invest-supply-decrease-seller-selling-stock-bedrooms-kitchen-ens\/"},"modified":"2026-04-08T09:24:08","modified_gmt":"2026-04-08T16:24:08","slug":"rod-rhea-ryan-hayes-neighbourhood-realtor-royal-lepage-sterling-coquitlam-detached-stand-alone-family-pricing-increase-jump-demand-2021-invest-supply-decrease-seller-selling-stock-bedrooms-kitchen-ens","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-realtor-royal-lepage-sterling-coquitlam-detached-stand-alone-family-pricing-increase-jump-demand-2021-invest-supply-decrease-seller-selling-stock-bedrooms-kitchen-ens\/","title":{"rendered":"Coquitlam Sales October 2021 vs 2020- Low Supply Continues"},"content":{"rendered":"<pre style=\"text-align: center;\">Benchmark prices are up across the board, between 12.9-21.9% 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, Ocotber saw largest 30 day increase in 6 months.<br \/>October saw a $22,500 increase over September's benchmark prices. <br \/><br \/>October this marks the <strong>16th consecutive month over month increase for detached home pricing.<\/strong><br \/><br \/>January: $1,321,100<br \/>February: $1,363,000<br \/>March: $1,433,800<br \/>April: $1,478,800<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 \/><br \/><strong>October 2021 prices are $276,600 higher than October 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: 41.5-77.8%<br \/>Supply is also down compared to September 2021, marking the second consecutive month of low stock:<br \/> Detached: -25%<br \/>Condo: -23%<br \/>Townhouse: -49%<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 \/><br \/>March: $757.000<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 \/><br \/>Townhouse benchmark pricing is $151,600 higher than the same time in 2020.<br \/>Townhouse prices have now increased for 14 consecutive months. <br \/><br \/><br \/><\/pre>\n<p><img decoding=\"async\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/coq_m.jpg\" alt=\"coq m\" \/><\/p>\n<pre style=\"text-align: center;\"> <br \/><br \/><br \/><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Benchmark prices are up across the board, between 12.9-21.9% 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":2383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1349","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\/1349","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=1349"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1349\/revisions"}],"predecessor-version":[{"id":3131,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1349\/revisions\/3131"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media\/2383"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}