coquitlam
CONDO AUGUST
AVERAGE PRICE
AVERAGE PSF PRICE 3 % UP
BENCHMARK PRICE 0.9 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 29 %
1.8 % DOWN
4 % DOWN
29 % UP
The 368 condo listings in Coquitlam in August were down 0.5% from July and 4% lower vs August 2019. Year-over-year condo sales increased 29% in August (to 106) but were down 9% vs July. The sales-to-listings ratio declined to 29%, as Coquitlam’s condo market remained in seller’s market territory. The condo benchmark price in August was $529,000, unchanged month-over-month and 0.9% above August 2019. The average sold price was $534,849 in August (4% lower vs July) while the average PSF sales price was $650 (a 4% decrease vs July).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 370 116 31%
% Change
No. 384
% Change
TOTAL LISTINGS
368 106 29%
-0.5%
-4% 29% 35% 0.9% -1.8%
TOTAL SALES
-9% -8%
82
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
21%
$529,000 $529,000 $534,849 $559,222
0.0% $524,300 -4% $544,722
$650
$674
-4%
$631
3%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$524,300 $517,000 $510,600 $523,300 $532,500 $526,300 $529,000
384
377
368
330
292
243
180
106
103
103
88
82
85
42
COQUITLAM REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
5
3+ bdrms
BUYER'S MARKET
29
61
2 bdrms
243
40
<2 bdrms
. . . . 0 0 0 0 QD QD QD QD
96
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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