coquitlam
DETACHED - FEBRUARY 2020
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
3 % DOWN
-
0.8 % DOWN
34 % DOWN
72 % UP
SELLER’S 23 %
The number of detached listings in Coquitlam fell to 294 in February, 4% below January and 34% lower year-over-year. The 67 detached sales in February represented an increase of 63% from January and a 72% jump vs February of last year. Coquitlam’s sales-to-listings ratio increased to 23% as the detached segment transitioned to seller’s market territory. The benchmark price in February was $1.17M, rela- tively unchanged from January and a 0.8% decrease year-over-year. The average sold price was $1.28M in February, down 2% vs January and a 3% decrease vs February.
VS 2019
VS 2019
VS 2019
VS 2019
VS 2019
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 307
% Change
No. 447
% Change
TOTAL LISTINGS
294
-4% 63% 71%
-34% 72% 161%
TOTAL SALES
67
41
39 9%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
23%
13%
$1,173,300 $1,170,200 0.3% $1,182,800 -0.8%
$1,278,758 $1,307,233
-2% $1,315,264
-3%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.18
$1.17
$1.17
$1.16
$1.16
$1.16
$1.15
1.80
1.76
1.75
586
532
532
470
447
1.27
1.25
1.25
294
284
97
80
78
67
65
51
39
Feb-19
Jan-20
Feb-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD
S-L RATIO SALES INVENTORY
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 4, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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