coquitlam TOWNHOME-FEBRUARY 202
SALESTO LISTINGSRATIO 120% SELLERS'MARKET
▶ MARKETSUMMARY Therewere30townhomelistingsinCoquitlamin February,88%aboveJanuaryand50%lowerthan February2021. Februarytownhomesalesincreasedby157% month-over-month,to36,andwere43%belowFebruary 2021. Thesales-to-listingratiofortownhomesinCoquitlam,at 120%,reflectedaselers'market. ThetownhomemedianpriceinFebruarywas $1,200,000,a3%decreasefromJanuaryand30%above February2021. Theaveragesoldpricewas$1,156,098,1.4%belowlast month;theaveragePSFsalepricewas$738,down1.5% tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 36% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 27% VS2021
▲ 30% VS2021
▼ 50% VS2021
▼ 43% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
36 30
63 60
36% 27% 30% 14% -43% -50%
14 16
-1.5% -1.4% -3% 37% 157% 88%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$738 $1,156,098 $1,200,000 120%
$544 $910,337 $925,900 105%
$749 $1,172,900 $1,239,900 88%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 2021 ● FEB 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
86
77
73
70
64
63
67
60
50
50
57
55
44
40
36
43 43
31
26
30
34
16
24
23
14
9
$1.24M
$1.20M
$1.16M
$1.05M
$981K
$970K
$982K
$980K
$926K
$915K
$905K
$900K
$860K
COQUITLAM
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
12
6
100%+
100%+ 100%+ 100%+ 100%+
4+bdrms
10
9
8
67%
23
3bdrms
15
6
4
6 6
2bdrms
2
0
1
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
2 3 150%
3 2 67%
4 5 125%
9 11 122%
10 12 120%
2 3 150%
Copyright©March7,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMarch7,202.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakesteps astherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 21 ●
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