{"id":1432,"date":"2021-06-10T10:45:00","date_gmt":"2021-06-10T17:45:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-citadel-supply-increase-buyers-sellers-poco-port-coquitlam-stand-alone-detached-realtor-royal-lepage-sterling-sellers-active-market-ensuite-bedrooms-price-c\/"},"modified":"2026-04-08T09:24:09","modified_gmt":"2026-04-08T16:24:09","slug":"rod-rhea-ryan-hayes-neighbourhood-mary-hill-citadel-supply-increase-buyers-sellers-poco-port-coquitlam-stand-alone-detached-realtor-royal-lepage-sterling-sellers-active-market-ensuite-bedrooms-price-c","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-citadel-supply-increase-buyers-sellers-poco-port-coquitlam-stand-alone-detached-realtor-royal-lepage-sterling-sellers-active-market-ensuite-bedrooms-price-c\/","title":{"rendered":"Port Coquitlam Sales May 2021 vs 2020- Pricing Increase Slows"},"content":{"rendered":"<pre style=\"text-align: center;\">Benchmark prices are up across the board in Port Coquitlam between 13.7-29.3% over thier 2020 counterparts. <br \/> The May benchmark for detached homes was $283,900 higher than its 2020 counterpart.<br \/> This marks thirteen months of consecutive month over month increase for detached home pricing;<br \/>April 2020: $917,000<br \/>May2020: $921,900<br \/>April 2021: $1,248,500<br \/>May 2021: $1,253,000<br \/><br \/>The month over month pricing increase for detached homes has begun to slow down. May's increase was only $4500 over April, whereas April saw a $22,100 increase over March...<br \/>And March saw a staggering $90,800 increase over February.<br \/><br \/>New Record:<br \/><br \/>Port Coquitlam stand alone homes have once again achieved their highest ever benchmark pricing for the sixth consecutive month.<br \/> The last time prices were at this level of a premium was in May of 2018 when the benchmark price was $1,049,400.<br \/>Pricing is now over <strong>$203,000 higher than the 2018 peak.<\/strong><br \/><br \/><br \/><br \/>Supply has shrunk for townhouses has shrunk 17% compared to the same time last year.<br \/>Supply for detached homes has taken a massive leap over the previous year; up 73.4% compared to April 2020 <br \/>The new flood of detached has gone a long way in curbing their rapid increase in pricing.  <br \/>Condos supply has also increased by 26.8%<br \/><br \/><br \/>The market continues to be extremely active.<br \/>Sales have increased by a staggering amount across the board between 70%-362.5%<br \/><br \/><br \/><br \/>While single family detached homes continue to remain at the forefront of Port Coquitlam's market, demand for townhomes &amp; condos has begun to escalate rapidly.<br \/><br \/><\/pre>\n<p><img decoding=\"async\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/poco_k.jpg\" alt=\"poco k\" \/><\/p>\n<pre style=\"text-align: center;\"> <br \/><br \/><\/pre>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Benchmark prices are up across the board in Port Coquitlam between 13.7-29.3% over thier 2020 counterparts. The May benchmark for detached homes was $283,900 higher than &hellip;<\/p>\n","protected":false},"author":2,"featured_media":2403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1432","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\/1432","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=1432"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1432\/revisions"}],"predecessor-version":[{"id":3195,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1432\/revisions\/3195"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media\/2403"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}