{"id":1462,"date":"2021-04-09T10:00:00","date_gmt":"2021-04-09T17:00:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-citadel-realtor-royal-lepage-sterling-sellers-market-detached-pricing-increase-2021-invest-money-supply-buyers-bedrooms-ensuite-square-foot-average-record-h\/"},"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-market-detached-pricing-increase-2021-invest-money-supply-buyers-bedrooms-ensuite-square-foot-average-record-h","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-citadel-realtor-royal-lepage-sterling-sellers-market-detached-pricing-increase-2021-invest-money-supply-buyers-bedrooms-ensuite-square-foot-average-record-h\/","title":{"rendered":"Port Coquitlam Sales March 2021 vs 2020- Detached Homes Soar"},"content":{"rendered":"
Benchmark prices are up across the board in Port Coquitlam between 8-27.7% over thier 2020 counterparts. 
 The March benchmark for detached homes was $266,300 higher than its 2020 counterpart.
 This marks the eleventh consecutive month over month increase for detached home pricing;
April: $917,000
May: $921,900
June: $923,700
July: $980,000
August: $993,500
September: $1,017,900
October: $1,034,400
November: $1,039,300
December: $1,055,000
January: $1,094,800 
February: $1,135,600
March: $1,226,400<\/pre>\n


Benchmark pricing has increased over $309,4000 in just 11 months.<\/strong> 

New Record:

Port Coquitlam stand alone homes have once again achieved their highest ever benchmark pricing for the fourth consecutive month.

Shattering the record they set last month (February 2020) by $90,800.
 The last time prices were at this level of a premium was in May of 2018 when the benchmark price was $1,049,400.
Pricing is now an average of $177,000 above 2018 peak pricing.<\/strong>



Supply has shrunk for condos and townhouse 8% & 43.6 % respectively.
Supply for detached homes has increased over the same period the previous year for the first time since April 2019.<\/strong>
Supply for detached homes is up 11.2% compared to March 2020 which should help level out the ever increases prices.


Sales have increased across the board between 30-189.3%



Single family detached homes continue to remain at the forefront of Port Coquitlam's market with perpetual pricing increases, and ever rising demand.

<\/pre>\n
\"poco<\/p>\n
 <\/pre>\n","protected":false},"excerpt":{"rendered":"
Benchmark prices are up across the board in Port Coquitlam between 8-27.7% over thier 2020 counterparts. The March benchmark for detached homes was $266,300 higher than …<\/p>\n","protected":false},"author":2,"featured_media":2408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t