coquitlam TOWNHOME - AUGUST 2 0 2 4
SALES TO LISTINGS RATIO 26% SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 1.8% VS 2023
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 33% VS 2023
▼ 7% VS 2023
▼ 8% VS 2023
▼ 3% VS 2023
There were 128 townhome listings in Coquitlam in August, 11% below July and 33% higher than August 2023. August townhome sales remained the same month-over-month, at 33, and were 3% below August 2023. The sales-to-listing ratio for townhomes in Coquitlam, at 26%, reflected a sellers' market. The townhome median price in August was $1,070,000, a 7% increase from July and 8% below August 2023. The average sold price was $1,072,191, 1.3% above last month; the average PSF sale price was $681, up 5% to last month.
THIS MONTH No. $681 $1,072,191 $1,070,000 26% 33 128
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
34 96
-1.8% -7% -8% -27% -3% 33%
$649 $1,058,415 $997,000 23% 33 144
5% 1.3% 7% 13% 0% -11%
$693 $1,146,835 $1,161,900 35%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● AUG 2023 ● AUG 2024
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
135
144
139
120
128
112
109
103
95
96
98
60
70
70
40
39
37
36
34
33
39
37
33
32
23
23
$1.23M
$1.19M $1.14M $1.19M
$1.16M $1.21M
$1.16M
$1.10M
$1.08M $1.08M
$1.06M
$997K $1.07M
COQUITLAM
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
50
8
4+ bdrms
37
40
61%
19
3 bdrms
30
70
20
25%
25%
6
2 bdrms
16%
21
10
0
<2 bdrms
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
S-L RATIO SALES INVENTORY
8 2 25%
18 11 61%
53 13 25%
45 7 16%
3 0 n/a
1 0 n/a
Copyright © 2024 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 September 9, 2024. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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. 21 ●
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