coquitlam
CONDO - DECEMBER 2020
AVERAGE PRICE
AVERAGE PSF PRICE 8 % UP
BENCHMARK PRICE 4 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 56 %
3 % DOWN
38 % UP
36 % UP
The 248 condo listings in Coquitlam in December were 37% below November but 38% higher vs December 2019. Year-over-year condo sales increased 36% in December (to 140) and were up 30% vs November. The sales-to-listings ratio jumped to 56%, as Coquitlam’s condo market remained in seller’s market territory. The condo benchmark price in December was $529,900, 0.3% lower month-over-month but 4% above December 2019. The average sold price was $544,671 in December (1.1% higher vs November) while the average PSF sales price was $710 (a 1.7% increase vs November).
VS 2019
VS 2019
VS 2019
VS 2019
VS 2019
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 395 108 27%
% Change
No. 180 103 57%
% Change
TOTAL LISTINGS
248 140 56%
-37% 30% 106%
38% 36%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
-1.3%
$529,900 $531,400 $544,671 $538,770
-0.3% $510,600 1.1% $562,110
4%
-3%
$710
$698
1.7%
$658
8%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$510,600 $523,300 $532,500 $526,300 $529,000 $534,500 $529,900
425
390
377
292
248
243
180
140
129
106
103
88
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
8
3+ bdrms
BUYER'S MARKET
29
78
2 bdrms
155
54
<2 bdrms
. . . . 0 0 0 0 QD QD QD
64
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.
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