coquitlam
DETACHED AUGUST
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
8 % UP
-
35 % DOWN
9 % UP
SELLER’S 25 %
The number of detached listings in Coquitlam increased to 345 in August, 3% above July but 35% lower year-over-year. The 85 detached sales in August represented a decrease of 23% from July but were 9% higher vs August of last year. Coquitlam’s sales-to-listings ratio fell to 25% as the detached segment remained in seller’s market territory. The benchmark price in August was $1.23M, 0.1% higher vs last month and a 6% increase year-over-year. The average sold price was $1.33M in August, down 0.9% vs last month but 8% higher vs last year.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 334 111 33%
% Change
No. 532
% Change
TOTAL LISTINGS
345
3%
-35%
TOTAL SALES
85
-23% -26%
78
9%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
25%
15%
68%
$1,229,600 $1,228,300 0.1% $1,157,100 $1,327,036 $1,339,138 -0.9% $1,227,964
6% 8%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.23
$1.22
$1.21
$1.18
$1.17
$1.16
$1.15
1.78
1.78
1.77
532
470
1.31
1.30
1.24
345
345
320
307
285
97
85
81
78
67
51
33
Aug-19
Jul-20
Aug-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD
S-L RATIO SALES INVENTORY
Copyright © 2020 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 3, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
20
Made with FlippingBook - professional solution for displaying marketing and sales documents online