the rennie review - September 2020

coquitlam

TOWNHOME  AUGUST 

AVERAGE PRICE

AVERAGE PSF PRICE 8 % UP

BENCHMARK PRICE 6 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

SELLER’S 37 %

9 % UP

16 % DOWN

36 % UP

There were 122 townhome listings in Coquitlam in August, 5% below July and 16% below August 2019. The 45 townhome sales in August were a 17% decrease month-over-month but were 36% higher year-over-year. The sales-to-listings ratio decreased to 37% as Coquitlam’s townhome market remained in seller’s market territory. The townhome benchmark price in August was $688,900, 0.6% below July but 6% higher vs August 2019. The average sold price was $828,476 with an aver- age PSF sales price of $499 (1.4% and 2% higher, respectively, vs July).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 129

% Change

No. 145

% Change

TOTAL LISTINGS

122

-5%

-16% 36% 62%

TOTAL SALES

45

54

-17% -12%

33

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

37%

42%

23%

$688,900 $693,300 $828,476 $817,140

-0.6% $651,800 1.4% $763,209

6% 9% 8%

$499

$489

2%

$462

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$693,800 $688,900

$651,800 $648,600 $664,600 $672,600 $676,900

145

127

122

107

83

65 36

61 32

49

43

45

33

16

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

SL RATIO

SALES TOTAL INVENTORY

        

SELLER'S MARKET

  



BALANCED

17



4+ bdrms

BUYER'S MARKET

52

19



3 bdrms

48



 

9

<3 bdrms

. . . . 0 0 0 0 QD     QD QD QD                

22

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.

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