the rennie review - July 2022

coquitlam DETACHED -JUNE 202

SALES TO LISTINGSRATIO 18% BALANCEDMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 13% VS 2021

▲ 19% VS 2021

▼ 20% VS 2021

▼ 63% VS 2021

Therewere256 detached listingsin Coquitlam in June, 1.6% aboveM ayand 20% lowerthan June2021. Junedetached hom esalesdecreased by31% m onth-over-m onth,to47,and were63% below June 2021. Thesales-to-listing ratio fordetached in Coquitlam ,at 18% ,reflected abalanced m arket.

THISMONTH No. $1,747,657 $1,702,000 18% 47 256

PREVIOUSYEAR

PREVIOUSMONTH

No. 39% 126 320

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

13% 19% -53% -63% -20%

$1,894,971 $1,786,400 27% 68 252

-32% -31% 1.6%

Thedetachedm edian pricein Junewas$1,702,000,a5% decreasefrom M ayand 19% aboveJune2021.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE

Theaveragesold pricewas$1,747,657,8% below last m onth and up 13% toJune2021.

-8% -5%

$1,552,966 $1,435,000

▶ RATIO OFMEDIAN PRICES

▶ RECENTTRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

320

252

1.79

256

1.77

224

261

192

1.591.60

224

201

200

152

1.43

1.41

169 101

120

126

99

135

92

18

103

89

79

74

68

67

47

48

$1.93M $1.86M $1.90M $1.84M

$1.79M $1.70M

$1.63M $1.72M $1.70M

$1.52M $1.55M $1.57M

$1.44M

Jun-21

May-22

Jun-22

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-L RATIO

100

80

60

46%

40

26%

20

12%

5%

3%

0

<$600K

$600-799K

$800-999K

$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M

$2.0M -2.49M

$2.5M -2.99M

$3M+

S-L RATIO SALES INVENTORY

4 0 n/a

8 0 n/a

28 13 46%

99 26 26%

42 5 12%

34 1 3%

41 2 5%

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