coquitlam DETACHED-FEBRUARY 202
SALESTO LISTINGSRATIO 42% SELLERS'MARKET
▶ MARKETSUMMARY Therewere192detachedlistingsinCoquitlamin February,42%aboveJanuaryand11%lowerthan February2021. Februarydetachedhomesalesincreasedby67% month-over-month,to80,andwere23%belowFebruary 2021. Thesales-to-listingratiofordetachedinCoquitlam,at 42%,reflectedaselers'market. ThedetachedmedianpriceinFebruarywas$1,862,500, a4%decreasefromJanuaryand20%aboveFebruary 2021. Theaveragesoldpricewas$1,970,761,1.7%belowlast monthandup22%toFebruary2021.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 22% VS2021
▲ 20% VS2021
▼ 11% VS2021
▼ 23% VS2021
THISMONTH No. $1,970,761 $1,862,500 42% 80 192
PREVIOUSYEAR
PREVIOUSMONTH
No. 48% 104 215
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
22% 20% -14% -23% -11%
$2,004,494 $1,930,500 36% 48 135
17% 67% 42%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
-1.7% -4%
$1,611,396 $1,547,500
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
320
354 354
285
1.70
1.671.63 1.68 1.56
224
1.55
261
192
181
215
169
201
154
152
101
99
92
135
126
126
18
104
103
80
74
67
48
$1.93M
$1.86M
$1.72M
$1.70M
$1.65M
$1.63M
$1.56M $1.55M
$1.57M
$1.55M
$1.52M
$1.50M
$1.44M
Feb-21
Jan-22
Feb-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
60
100%
50
74%
40
30
50%
39%
20
33%
25%
15%
10
6%
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
6 3 50%
1 1 100%
4 1 25%
16 1 6%
57 42 74%
38 15 39%
36 12 33%
34 5 15%
Copyright©March7,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMarch7,202.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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