coquitlam
CONDO JANUARY
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 46 %
10 % UP
14 % UP
25 % UP
49 % UP
The 230 condo listings in Coquitlam in January were 14% below December but 25% higher vs January 2020. Year-over-year condo sales rose 49% in January (to 106) but were down 24% vs December. The sales-to-listings ratio decreased to 46%, as Coquitlam’s condo market remained in seller’s market territory. The condo benchmark price in January was $533,200, 0.6% higher month-over-month and 2% above January 2020. The average sold price was $574,407 in January (5% higher vs December) while the average PSF sales price was $716 (a 0.8% increase vs December).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 266 140 53%
% Change
No. 184
% Change
TOTAL LISTINGS
230 106 46%
-14% -24% -12%
25% 49% 19% 10% 14% 2%
TOTAL SALES
71
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
39%
$533,200 $529,900 $574,407 $544,671
0.6% $521,900 5% $522,472
$716
$710
0.8%
$626
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$521,900 $528,800 $534,300 $529,000 $531,700 $531,400 $533,200
407
403
376
325
272
230
184
116
108
109
106
79
71
49
COQUITLAM REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
. . . . 0 0 0 0 QD QD SELLER'S MARKET BALANCED BUYER'S MARKET S-L RATIO SALES INVENTORY
7
3+ bdrms
26
63
2 bdrms
144
36
<2 bdrms
60
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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