the rennie review - July 2022

coquitlam TOWNHOME-JUNE 202

SALES TO LISTINGSRATIO 26% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 23% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 11% VS 2021

▲ 6% VS 2021

▲ 12% VS 2021

▼ 58% VS 2021

Therewere82 townhom elistingsin Coquitlam in June, 24% aboveM ayand 12% higherthan June2021. Junetownhom esalesdecreased by54% m onth-over-m onth,to21,and were58% below June 2021. Thesales-to-listing ratio fortow nhom esin Coquitlam ,at 26% ,reflected aselers'm arket. Thetownhom em edian pricein Junewas$960,000,a4% decreasefrom M ayand 6% aboveJune2021. Theaveragesold pricewas$994,664,0.6% below last m onth;theaveragePSF salepricewas$673,up 4% to lastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

21 82

50 73

23% 11% 6% -63% -58% 12%

46 66

4% -0.6% -4% -63% -54% 24%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$673 $994,664 $960,000 26%

$550 $893,060 $905,000 68%

$649 $1,000,998 $999,500 70%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUN 2021 ● JUN 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

82

68

73

64

64

46 66

50

50

44

40

36

44

43 43

31

26

35

34

30

16

24

23

21

14

9

$1.24M $1.20M $1.17M $1.19M

$1.16M

$999K $960K

$982K $980K $1.05M

$905K $860K $900K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

5

25

4+ bdrms

25

20

9

57%

3 bdrms

15

39

50%

40%

10

7

2 bdrms

20%

5

17

11%

0

<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +

<2 bdrms

S-L RATIO SALES INVENTORY

2 1 50%

10 4 40%

14 8 57%

25 5 20%

27 3 11%

4 0 n/a

1

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