the rennie review - January 2021

coquitlam

TOWNHOME - DECEMBER 2020

AVERAGE PRICE

AVERAGE PSF PRICE 6 % UP

BENCHMARK PRICE

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

SELLER’S 97 %

0.4 % UP

7 % UP

1.6 % UP

88 % UP

There were 62 townhome listings in Coquitlam in December, 32% below November but 1.6% above December 2019. The 60 townhome sales in December were up 9% vs last month and 88% higher vs last year. The sales-to-listings ratio increased to 97% as Coquitlam’s townhome market remained in seller’s market territory. The townhome benchmark price in December was $708,000, 0.9% above November and 7% higher vs December 2019. The average sold price was $805,925 with an aver- age PSF sales price of $514 (down 4% and up 2%, respectively, vs November).

VS 2019

VS 2019

VS 2019

VS 2019

VS 2019

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

62 60

91 55

-32%

61 32

1.6% 88% 84%

TOTAL SALES

9%

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

97%

60%

60%

52%

$708,000 $702,000 $805,925 $836,169

0.9% $664,600 -4% $802,662

7%

0.4%

$514

$504

2%

$483

6%

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$699,800 $708,000

$664,600 $672,600 $676,900 $693,800 $688,900

127

126

108

83

65

62

61

83

45

43

60

16

36

32

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

S-L RATIO

SALES TOTAL INVENTORY



SELLER'S MARKET

  





BALANCED



18



4+ bdrms

BUYER'S MARKET

29







32



3 bdrms

28





10





<3 bdrms

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

5

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 January 6, 2021. 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.

21

Made with FlippingBook - professional solution for displaying marketing and sales documents online