{"id":1353,"date":"2021-11-11T09:45:00","date_gmt":"2021-11-11T17:45:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-realtor-royal-lepage-sterling-port-coquitlam-poco-detached-stand-alone-family-sellers-market-average-pricing-increase-2021-low-supply-buyers-bedrooms-kitche\/"},"modified":"2026-04-08T09:24:08","modified_gmt":"2026-04-08T16:24:08","slug":"rod-rhea-ryan-hayes-neighbourhood-mary-hill-realtor-royal-lepage-sterling-port-coquitlam-poco-detached-stand-alone-family-sellers-market-average-pricing-increase-2021-low-supply-buyers-bedrooms-kitche","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-realtor-royal-lepage-sterling-port-coquitlam-poco-detached-stand-alone-family-sellers-market-average-pricing-increase-2021-low-supply-buyers-bedrooms-kitche\/","title":{"rendered":"Port Coquitlam Sales October 2021 vs 2020- Detached Homes Benchmark Price Nears $1,300,000"},"content":{"rendered":"<pre style=\"text-align: center;\">Benchmark prices are up across the board in Port Coquitlam between 15.3-24.6% over thier 2020 counterparts.<br \/><br \/> The October benchmark for detached homes was $254,600 higher than its 2020 counterpart. <br \/><strong>October marks a new benchmark high for detached homes in Port Coquitalm as prices, once again, continue to climb quickly.<br \/><\/strong>A stock shortage is providing the market with--an unheard of--second large price jump in less than a year.<\/pre>\n<pre style=\"text-align: center;\"><br \/>Detached homes benchmark pricing is now $36,000 higher than May's previous record. <br \/>Prices took a significant dip in June before beginning to climb back up to their previous heights. <br \/><br \/>The benchmark price for detached homes climbed $23,600 in the last 30 days. <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 \/>October: $1,289,000<\/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 28.9-70%<\/pre>\n<pre style=\"text-align: center;\"><br \/>Even when compared to September 2021, supply has continued its downward trend.<br \/>Detached homes saw a 17% decrease in supply over the last 30 days. <br \/>Condos saw a 12% decline, and townhouses a staggering 56% decline in the past month.<br \/><br \/><br \/><br \/>Even with low supply the market remains busy and sales for condos and townhouses have increased compared to Septeber 2021;<br \/>26% and 33% respectively<br \/><br \/><br \/>Townhouse benchmark prices have been slowly creeping up since their March 2021 price jump; however after siz months of trending upwards they have leveled out. <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 \/><br \/>Townhouse benchmark pricing is $150,300 higher than the same time in 2020.<br \/><br \/><br \/><\/pre>\n<p><img decoding=\"async\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/poco_o.jpg\" alt=\"poco o\" \/><\/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 15.3-24.6% over thier 2020 counterparts. The October benchmark for detached homes was $254,600 higher than &hellip;<\/p>\n","protected":false},"author":2,"featured_media":2385,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1353","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\/1353","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=1353"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1353\/revisions"}],"predecessor-version":[{"id":3133,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1353\/revisions\/3133"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media\/2385"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}