{"id":1449,"date":"2021-05-12T08:30:00","date_gmt":"2021-05-12T15:30:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-citadel-realtor-royal-lepage-sterling-sellers-buyers-average-price-increasing-2021-invest-money-supply-active-listings-demand-stand-alone\/"},"modified":"2026-04-08T09:24:10","modified_gmt":"2026-04-08T16:24:10","slug":"rod-rhea-ryan-hayes-neighbourhood-mary-hill-citadel-realtor-royal-lepage-sterling-sellers-buyers-average-price-increasing-2021-invest-money-supply-active-listings-demand-stand-alone","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-citadel-realtor-royal-lepage-sterling-sellers-buyers-average-price-increasing-2021-invest-money-supply-active-listings-demand-stand-alone\/","title":{"rendered":"Port Coquitlam Sales April 2021 vs 2020- Market Sees Supply Increase"},"content":{"rendered":"<pre style=\"text-align: center;\">Benchmark prices are up across the board in Port Coquitlam between 11.3-27.2% over thier 2020 counterparts. <br \/> The April benchmark for detached homes was $267,000 higher than its 2020 counterpart.<br \/> This marks one year of consecutive month over month increase for detached home pricing;<br \/>April: $917,000<br \/>May: $921,900<br \/>June: $923,700<br \/>July: $980,000<br \/>August: $993,500<br \/>September: $1,017,900<br \/>October: $1,034,400<br \/>November: $1,039,300<br \/>December: $1,055,000<br \/>January: $1,094,800 <br \/>February: $1,135,600<br \/>March: $1,226,400<br \/>April: $1,248,500<\/pre>\n<pre style=\"text-align: center;\"><br \/><br \/><strong>Benchmark pricing has increased over $331,500 over the last year. <\/strong><br \/><br \/>New Record:<br \/><br \/>Port Coquitlam stand alone homes have once again achieved their highest ever benchmark pricing for the fifth 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 an average of<strong> $199,100 above 2018 peak pricing.<\/strong><br \/><br \/><br \/><br \/>Supply has shrunk for townhouses has shrunk 10.5% compared to the same time last year.<br \/><strong>Supply for detached homes has increased over the same period the previous year for the second time since April 2019.<\/strong><br \/>Supply for detached homes is up 25.3% compared to April 2020 which is helping level out pricing increases.<br \/>Condos supply has also increased by 5.3%<br \/><br \/><br \/>Sales have increased by a staggering amount across the board between 61.5%-368.8%<br \/><br \/><br \/><br \/>Single family detached homes continue to remain at the forefront of Port Coquitlam's market with perpetual pricing increases, and sustained demand. <br \/><br \/><\/pre>\n<p><img decoding=\"async\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/poco_j.jpg\" alt=\"poco j\" \/><\/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 11.3-27.2% over thier 2020 counterparts. The April benchmark for detached homes was $267,000 higher than &hellip;<\/p>\n","protected":false},"author":2,"featured_media":2407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1449","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\/1449","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=1449"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1449\/revisions"}],"predecessor-version":[{"id":3208,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1449\/revisions\/3208"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media\/2407"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}