the rennie review - June 2022

coquitlam CONDO -MAY 202

SALES TO LISTINGSRATIO 42% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 19% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 19% VS 2021

▲ 17% VS 2021

▲ 0.4% VS 2021

▼ 14% VS 2021

Therewere268 condolistingsin Coquitlam in M ay,17% aboveApriland 0.4% higherthan M ay2021.

M aycondosalesdecreased by24% m onth-over-m onth, to113,and were14% below M ay2021.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No. 49% 131 267

% Change

No. 64% 148 230

% Change

Thesales-to-listing ratio forcondosin Coquitlam ,at42%, reflected aselers'm arket.

TOTALLISTINGS TOTALSALES

42% 113 268

19% 19% 17% -14% -14% 0.4%

-4% -0.6% 1% -34% -24% 17%

Thecondom edian pricein M aywas$715,000,a1.0% increasefrom Apriland 17% aboveM ay2021. Theaveragesold pricewas$731,364,0.6% below last m onth;theaveragePSF salepricewas$852,down 4% to lastm onth.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$852 $731,364 $715,000

$888 $736,148 $707,950

$719 $614,917 $610,000

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● MAY 2021 ● MAY 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

301

267

268

241

269

223

247

230

179

21

157

154

146

141

161

131

149

1

148

105

143

141

132

13

102 102

$755K $708K $715K

$740K $707K

$639K $680K

$610K $567K $595K $608K $597K $608K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

120

100

4+ bdrms

3

80

11

3 bdrms

60

55%

38

45% 45%

40

33%

75

21%

2 bdrms

17%

20

160

0

27

<$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

3 1 33%

51 28 55%

110 49 45%

66 30 45%

19 4 21%

6 1 17%

9 0 n/a

4 0 n/a

67

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