the rennie review - July 2022

coquitlam CONDO -JUNE 202

SALES TO LISTINGSRATIO 47% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 13% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 18% VS 2021

▲ 18% VS 2021

▼ 15% VS 2021

▼ 18% VS 2021

Therewere256 condolistingsin Coquitlam in June,7% below M ayand 15% lowerthan June2021.

Junecondo salesdecreased by4% m onth-over-m onth,to 120,and were18% below June2021.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No. 49% 146 301

% Change

No. 46% 125 274

% Change

Thesales-to-listing ratio forcondosin Coquitlam ,at47%, reflected aselers'm arket.

TOTALLISTINGS TOTALSALES

47% 120 256

13% 18% 18% -3% -18% -15%

-2% -2% -5% 3% -4% -7%

Thecondom edian pricein Junewas$670,000,a5% decreasefrom M ayand 18% aboveJune2021. Theaveragesold pricewas$705,877,2% below last m onth;theaveragePSF salepricewas$829,down 2% to lastm onth.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$829 $705,877 $670,000

$850 $720,305 $707,000

$734 $595,887 $567,000

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUN 2021 ● JUN 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

301

274

241

256

269

223

247

230

179

21

157

154

141

146

161

149

1

148

105

143

141

120

132

125

102 102

$755K

$740K $707K

$708K $707K $670K

$639K $680K

$567K $595K $608K $597K $608K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

100

100%

4+ bdrms

4

80

76%

11

60

3 bdrms

52%

38

40%

40

33%

28% 29%

69

2 bdrms

20

148

0

40

<$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 2 100%

50 38 76%

104 54 52%

65 18 28%

17 5 29%

5 2 40%

10 0 n/a

3 1 33%

66

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