The median asking price in Coquitlam is $1,188,000, a substantial increase over the median three months ago which was $1,190,000 .
While the median for British Columbia is $519,000 , which means that Coquitlam’s median price is $1,188,000 considerably better than the rest of the province.
Investors looking for properties in Coquitlam are most likely to find 4 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.
There are 359 neighbourhoods that have more properties on sale than Coquitlam at the moment in British Columbia which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
When we look at the data we have, it can help with trying to establish whether or not Coquitlam is a good investment target.
In Coquitlam, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.