coquitlam CONDO -AUGUST 2023
SALES TO LISTINGSRATIO 53% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 5% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 8% VS 2022
▲ 11% VS 2022
▼ 16% VS 2022
▲ 62% VS 2022
Therewere225 condolistingsin Coquitlam in August, 13% below Julyand 16% lowerthan August2022.
Augustcondosalesincreased by18% m onth-over-m onth, to120,and were62% aboveAugust2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No. 40% 102 258
% Change
Thesales-to-listing ratio forcondosin Coquitlam ,at53%, reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
53% 120 225
$825 $653,695 $647,500 28% 74 268
11% 93% 62% -16%
0.6% -0.5% 6% 35% 18% -13%
Thecondom edian pricein Augustwas$720,000,a6% increasefrom Julyand 11% aboveAugust2022. Theaveragesold pricewas$706,586,0.5% below last m onth;theaveragePSF salepricewas$866,up 0.6% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$866 $706,586 $720,000
$861 $710,362 $681,500
5% 8%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 202 ● AUG 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
258
288
268
285
247
219
213
225
226
201
193
188
188
130
124
109
106
120
84
75
102
99
74
73
48
35
$683K $685K $677K $690K $682K $720K
$648K $638K $635K $655K $625K $672K
$616K
COQUITLAM
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
80
4+ bdrms
82%
60
14
61%
3 bdrms
25
40
35%
33%
30%
66
2 bdrms
20%
20
136
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
0 2 n/a
45 37 82%
87 53 61%
67 20 30%
17 6 35%
5 1 20%
3 1 33%
1 0 n/a
64
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