What is the average days-on-market in Coquitlam right now?

Varies by month — confirm the most recent GVR market report for current Coquitlam-specific data. Recent ranges have been 18-35 days median across all property types.

My Coquitlam home has been listed 60 days with no offer — what does that mean?

Typically two issues: price or marketing. At 60 days with no offers, it is almost always price — the gap between your list and what the market will pay is too wide. Talk to your REALTOR® about a strategic price reduction.

Can a Coquitlam home sell in under a week?

Yes — well-priced properties in active segments (entry-tier townhomes, school-catchment detached, view condos) regularly sell in 3-7 days during spring.

What is the longest typical days-on-market in Coquitlam?

Luxury and unique properties can sit 6-12 months. Properties with material defects (oil tanks, structural issues, knob-and-tube wiring) take longer.

Does my home's condition affect days-on-market?

Massively. Move-in-ready Coquitlam homes consistently sell in half the time of comparable homes needing $50K+ of immediate work.

Should I worry if my Coquitlam home does not sell in the first 2 weeks?

Not necessarily — first 2 weeks is the typical 'discovery' window for serious buyers. Re-evaluate at 30 days. If 30+ days with no offers, talk to your REALTOR® about price.

Does staging affect days-on-market in Coquitlam?

Yes — professionally staged homes consistently sell faster and at higher prices than identical unstaged homes. Staging cost ($2K-$8K) is typically recovered many times over in higher sale price.

Are Coquitlam buyers different from Vancouver buyers?

Coquitlam buyers skew more family-focused and more school-catchment-driven. Decision timelines are slightly longer because families do more research. Open-house traffic is comparable.

What is the relationship between days-on-market and final sale price?

Strong inverse correlation. Properties that sell in under 30 days typically sell at or above list. Properties that sell after 60+ days typically sell at 92-96% of original list.

Should I lower my Coquitlam home's price after 30 days?

Talk to your REALTOR®. A strategic 3-5% reduction at the 30-day mark often re-energizes interest and brings new viewers. A reduction below market value almost always sells the home within 2 weeks. The risk of waiting too long: the property gets 'stale' on MLS and starts showing as 'days on market: 90+' which signals problems to buyers.