coquitlam
DETACHED - AUGUST 2019
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 11 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
10 % DOWN
-
13 % DOWN
32 % UP
BALANCED 16 %
The number of detached listings in Coquitlam fell to 497 in August, 10% below July and 13% lower year-over-year. The 78 detached sales in August represented a decrease of 9% from July but a 32% jump vs August of last year. Coquitlam’s sales-to-listings ratio was unchanged at 16% as the detached segment remained in balanced market territory. The benchmark price in August was $1.16M, 1.0% below July and an 11% decrease year-over-year. The average sold price was $1.23M in August, down 1.9% from July and 10% below August 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 554
% Change
No. 573
% Change
TOTAL LISTINGS
497
-10%
-13% 32% 52%
TOTAL SALES
78
86
-9%
59
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
16%
16%
1%
10%
$1,157,100 $1,169,300 -1.0% $1,305,300 -11% $1,227,964 $1,251,560 -1.9% $1,361,350 -10%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.31
$1.25
$1.21
$1.18
$1.17
$1.16
$1.16
2.36
2.26
2.21
573
585
557
532
1.89
497
1.79
1.78
447
386
80
78
65
59
44
39
28
Aug-18
Jul-19
Aug-19
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
Current as of September 2, 2019. All data from the Real Estate Board of Greater Vancouver and Fraser Valley. The information set out herein (the “Information”) is intended for informational purposes only. RAR & RMS has not verified the information and does not represent, warrant or guarantee theaccuracy,correctnessandcompletenessof the information.RAR&RMSdoesnotassumeany responsibilityor liabilityofanykind inconnectionwith the informationand the recipient’s relianceupon the information.The recipientof the information should take stepsas the recipientmaydeemnecessary toverify the informationprior toplacinganyrelianceupon the information.The informationmaychangeandanypropertydescribed in the informationmaybewithdrawn from themarketatany timewithoutnoticeorobligation to therecipient fromRAR&RMS. 17
Made with FlippingBook - professional solution for displaying marketing and sales documents online