the rennie review - September 2021

coquitlam TOWNHOME-AUGUST 2021

SALESTO LISTINGSRATIO 86% SELLERS'MARKET

▶ MARKETSUMMARY Therewere50townhomelistingsinCoquitlamin August,22%belowJulyand61%lowerthanAugust 2020. Augusttownhomesalesremainedthesame0 month-over-month,to43,andwere4%belowAugust 2020. Thesales-to-listingratiofortownhomesinCoquitlam,at 86%,reflectedaselers'market. ThetownhomemedianpriceinAugustwas$900,000,a 5%increasefromJulyand7%aboveAugust2020. Theaveragesoldpricewas$901,422,5%abovelast month;theaveragePSFsalepricewas$574,up0.6%to lastmonth.

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 15% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 9% VS2020

▲ 7% VS2020

▼ 61% VS2020

▼ 4% VS2020

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

43 50

$499 $828,476 $838,000 35% 45 129

15% 9% 7% 147% -4% -61%

43 64

-0.6% 5% 5% 28% 0% -22%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$574 $901,422 $900,000 86%

$578 $860,565 $860,000 67%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● AUG 2020 ● AUG 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

129

130

107

87

86

83

77

73

70

70

64

64

63

67

62

61

60

50

57

56

55

45

50

43 43

36

$981K

$970K

$926K

$915K

$905K

$900K

$867K

$852K

$860K

$838K

$840K

$846K

$840K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

25

14

100%

100%+

4+bdrms

20

90%

13

15

18

3bdrms

57%

27

10

33%

11

2bdrms

5

10

0

<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+

<2bdrms

S-LRATIO SALES INVENTORY

4 4 100%

10 9 90%

10 16 160%

23 13 57%

3 1 33%

Copyright©September7,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofSeptember7,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 21 ●

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