Benchmark prices are up across the board in Port Coquitlam between 5.4-19.1% over thier 2020 counterparts.
The February benchmark for detached homes was $182,200 higher than its 2020 counterpart.
This marks the tenth 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

Benchmark pricing has increased over $218,600 in just 10 months.

New Record:
Port Coquitlam stand alone homes have once again achieved their highest ever benchmark pricing for the third consecutive month.
Shattering the record they set last month (January 2020) by $40,800.
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 $86,200 above 2018 peak pricing.



Supply has shrunk between 16.3-50%
Despite prices continuing to climb, supply for detached homes is finally beginning to increase which will ultimately help buyers.
Sales have increased across the board between 12.8-108%



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