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Burnaby:
Detached homes are in a seller’s market with a 21% sales ratio. The most active price band is $1.5M-$1.75M. Buyers have the best options in Central Park and East Burnaby. Condos and townhomes are balanced with a 20% sales ratio. Sellers find the best opportunities in Central Park and Forest Hills.
New Westminster:
A balanced market for detached homes with a 16% sales ratio. Most activity in the $1.25M-$1.75M range. Buyers should explore Connaught Heights and Queensborough. Condos and townhomes show a stronger seller’s market with a 31% sales ratio, especially downtown and Sapperton.
Coquitlam:
Balanced for detached homes with a 15% sales ratio. Best selling in New Horizons and 3-4 bedroom homes. Attached properties are in a seller’s market with a 25% sales ratio, especially in Burke Mountain and New Horizons.
Port Coquitlam:
Detached homes are balanced with a 14% sales ratio. Citadel and Lincoln Park are hotspots for sellers. Attached homes have a 30% sales ratio, favoring sellers in Riverwood and 1-bedroom properties.
Port Moody:
A buyer’s market for detached homes with only a 4% sales ratio. Sellers should target College Park. Condos and townhomes are in a strong seller’s market with a 40% sales ratio, especially for 2-bedroom homes.
Pitt Meadows:
Seller’s market for detached homes with a 31% sales ratio, especially in South Meadows. Attached properties also favor sellers with a 33% sales ratio, best in Central Meadows.
Maple Ridge:
Balanced market for detached homes with a 16% sales ratio. Sellers benefit in Albion. Attached homes show a 17% sales ratio, balanced but leaning towards sellers in Cottonwood and Southwest.
As an experienced realtor, I can guide you through these market trends to achieve your real estate dreams. Ready to make your move? Let’s chat!
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