the rennie review - September 2021

coquitlam DETACHED-AUGUST 2021

SALESTO LISTINGSRATIO 49% SELLERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 21% VS2020

▲ 20% VS2020

▼ 37% VS2020

▲ 16% VS2020

Therewere201detachedlistingsinCoquitlaminAugust, 23%belowJulyand37%lowerthanAugust2020. Augustdetachedhomesalesdecreasedby4% month-over-month,to99,andwere16%aboveAugust 2020. Thesales-to-listingratiofordetachedinCoquitlam,at 49%,reflectedaselers'market.

THISMONTH No. $1,610,311 $1,550,000 49% 99 201

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No. 39% 103 261

%Change

TOTALLISTINGS TOTALSALES

$1,327,036 $1,295,000 26% 85 321

21% 20% 86% 16% -37%

0.8% 2% 25% -4% -23%

ThedetachedmedianpriceinAugustwas$1,550,000,a 2%increasefromJulyand20%aboveAugust2020.

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE

Theaveragesoldpricewas$1,610,311,0.8%abovelast monthandup21%toAugust2020.

$1,597,774 $1,515,000

▶ RATIOOFMEDIANPRICES

▶ RECENTTRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTALINVENTORY ● MEDIANPRICE

329

320

354 354

321

285

276

1.76

1.72

289

261

1.551.61

1.48

181

1.45

215

201

154

193 184

129

127

103

126

126

99

85

104

103

93

77

$1.65M

$1.56M $1.55M

$1.55M

$1.52M

$1.50M

$1.50M

$1.44M

$1.41M

$1.38M

$1.36M

$1.30M

$1.29M

Aug-20

Jul-21

Aug-21

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-LRATIO

60

100%

100%

100%+

50

79%

40

30

20

17%

10

14%

3%

0

<$600K

$600-799K

$800-999K

$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M

$2.0M-2.49M

$2.5M-2.99M

$3M+

S-LRATIO SALES INVENTORY

1 1 100%

3 0 n/a

15 15 100%

27 28 104%

56 44 79%

30 5 17%

36 5 14%

33 1 3%

Copyright©September7,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofSeptember7,2021.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.

20

Made with FlippingBook - professional solution for displaying marketing and sales documents online