the rennie review - February 2021

coquitlam

TOWNHOME  JANUARY 

AVERAGE PRICE

AVERAGE PSF PRICE 8 % UP

BENCHMARK PRICE

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

10 % UP

SELLER’S 52 %

11 % UP

7 % UP

29 % UP

There were 69 townhome listings in Coquitlam in January, 8% above December and 10% above January 2020. The 36 townhome sales in January were down 40% vs last month but 29% higher vs last year. The sales-to-listings ratio decreased to 52% as Coquitlam’s townhome market remained in seller’s market territory. The townhome benchmark price in January was $711,000, 0.4% above December and 7% higher vs January 2020. The average sold price was $852,983 with an average PSF sales price of $533 (up 6% and 4%, respectively, vs December).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

69 36

64 60

8%

63 28

10% 29% 17%

TOTAL SALES

-40% -44%

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

52%

94%

44%

$711,000 $708,000 $852,983 $805,925

0.4% $665,200 6% $768,704

7%

11%

$533

$514

4%

$493

8%

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$702,000 $711,000

$665,200 $680,700 $687,300 $693,300 $696,300

133

129

100

93

82

69

63

62

54

42

33

28

55

36

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

SL RATIO

SALES TOTAL INVENTORY



SELLER'S MARKET

  





BALANCED

12



4+ bdrms

BUYER'S MARKET

23









17

3 bdrms



36









7



<3 bdrms

. . . . 0 0 0 0 QD     QD QD QD                

10

S-L RATIO SALES INVENTORY

Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of February 3, 2021. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.

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