the rennie review - June 2022

coquitlam TOWNHOME-MAY 202

SALES TO LISTINGSRATIO 65% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 15% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 8% VS 2021

▲ 9% VS 2021

▼ 14% VS 2021

▼ 25% VS 2021

Therewere66 townhom elistingsin Coquitlam in M ay, 3% below Apriland 14% lowerthan M ay2021. M aytownhom esalesincreased by23% m onth-over-m onth,to43,and were25% below M ay 2021. Thesales-to-listing ratio fortow nhom esin Coquitlam ,at 65% ,reflected aselers'm arket. Thetownhom em edian pricein M aywas$999,000,a 16% decreasefrom Apriland 9% aboveM ay2021. Theaveragesold pricewas$995,236,13% below last m onth;theaveragePSF salepricewas$648,down 7% to lastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

43 66

57 77

15% 8% 9% -12% -25% -14%

35 68

-7% -13% -16% 27% 23% -3%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$648 $995,236 $999,000 65%

$562 $921,579 $915,000 74%

$698 $1,140,415 $1,190,000 51%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● MAY 2021 ● MAY 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

73

77

68

64

64

66

57

50

44

50

40

43

36

44

43 43

31

26

35

34

30

16

24

23

14

9

$1.24M $1.20M $1.17M $1.19M

$1.16M

$999K

$982K $980K $1.05M

$915K $905K $860K $900K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

25

10

100% 100%+

4+ bdrms

22

20

75%

65%

21

15

3 bdrms

30

10

32%

11

25%

2 bdrms

5

13

0

1 1

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

<2 bdrms

S-L RATIO SALES INVENTORY

2 2 100%

6 12 200%

12 9 75%

17 11 65%

25 8 32%

4 1 25%

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