the rennie review - October 2022

coquitlam TOWNHOME-SEPTEMBER 202

SALES TO LISTINGSRATIO 22% SELLERS'M ARKET

▶ MARKETSUMMARY Therewere69 townhom elistingsin Coquitlam in Septem ber,8% below Augustand 57% higherthan Septem ber2021. Septem bertownhom esalesdecreased by53% m onth-over-m onth,to15,and were56% below Septem ber2021. Thesales-to-listing ratio fortow nhom esin Coquitlam ,at 22% ,reflected aselers'm arket. Thetownhom em edian pricein Septem berwas $1,065,000,a0.8% decreasefrom Augustand 9% above Septem ber2021. Theaveragesold pricewas$994,667,4% below last m onth;theaveragePSF salepricewas$663,up 0.1% to lastm onth.

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 14% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 6% VS 2021

▲ 9% VS 2021

▲ 57% VS 2021

▼ 56% VS 2021

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

15 69

34 44

14% 6% 9% -72% -56% 57%

32 75

0.1% -4% -0.8% -49% -53% -8%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$663 $994,667 $1,065,000 22%

$583 $937,641 $981,500 77%

$662 $1,031,672 $1,074,000 43%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● SEP 2021 ● SEP 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

83

82

68

75

64

69

66 46

44

40

36

44

32

34 31

26

35

30

24 16

23

21

19

15

14

9

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

$1.16M

$1.02M $1.07M $1.07M

$999K $960K

$982K $980K $1.05M

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

25

4

100%

4+ bdrms

19

20

6

15

3 bdrms

36

50%

10

5

23%

2 bdrms

20%

5

14%

14

7%

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

1 1 100%

8 4 50%

14 2 14%

26 6 23%

15 1 7%

5 1 20%

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