the rennie review - October 2019

coquitlam

TOWNHOME - SEPTEMBER 2019

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 5 % DOWN

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

9 % UP

SELLER’S 31 %

9 % DOWN

10 % DOWN

67 % UP

There were 129 townhome listings in Coquitlam in September 2019, 8% below August but 9% above September 2018. The 40 townhome sales in September were up by 6 vs August 2019 and 16 above September 2018. The sales-to-listings ratio increased to 31% as Coquitlam’s townhome market remained in seller’s market territory. The townhome benchmark price in September was $651,300, virtually unchanged from August and 5% lower vs September 2018. The average sold price was $759,343, with an average PSF sales price of $464 (both virtually unchanged vs August).

VS 2018

VS 2018

VS 2018

VS 2018

VS 2018

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 140

% Change

No. 118

% Change

TOTAL LISTINGS

129

-8% 18% 28%

9%

TOTAL SALES

40

34

24

67% 52% -5% -10%

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

31%

24%

20%

$651,300 $651,800 $759,343 $761,053

-0.1% $686,200 -0.2% $847,242

$464

$464

0.0%

$511

-9%

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$686,200 $670,400 $672,300 $638,500 $671,500 $653,200 $651,300

159

157

126

129

123

118

92

49

40

32

29

24

22

13

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES TOTAL INVENTORY S-L RATIO

SALES TOTAL INVENTORY



SELLER'S MARKET



  

BALANCED



16

4+ bdrms

BUYER'S MARKET

42







17



3 bdrms



64



7



<3 bdrms

. . . . 0 0 0 0 QD    QD QD QD QD                

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S-L RATIO SALES INVENTORY

Copyright © 2019 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 October 3, 2019. All data from RealEstateBoardof 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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