coquitlam DETACHED - FEBRUARY 2 0 2 5
SALES TO LISTINGS RATIO 10% BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 4% VS 2024
▲ 1.1% VS 2024
▲ 97% VS 2024
▼ 16% VS 2024
There were 387 detached listings in Coquitlam in February, 7% above January and 97% higher than February 2024. February detached home sales increased by 6% month-over-month, to 37, and were 16% below February 2024. The sales-to-listing ratio for detached in Coquitlam, at 10%, re(ected a buyers' market.
THIS MONTH No. $1,932,594 $1,826,000 10% 37 387
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$1,861,452 $1,805,500 22% 44 196
4% 1.1% -57% -16% 97%
$1,699,571 $1,705,000 10% 35 361
6% 7%
The detached median price in February was $1,826,000, a 7% increase from January and 1.1% above February 2024.
14% 7% -1.4%
The average sold price was $1,932,594, 14% above last month and up 4% to February 2024.
▶ RATIO OF MEDIAN PRICES
▶ RECENT TRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
442
424
475
463
458
366
387
1.82
1.79
390
325
371
1.74
361
1.52
1.46
1.42
196
227
78
55
55
52
39
37
35
44
37
61
54
46
46
$1.83M
$1.81M $1.85M $1.82M
$1.79M $1.79M $1.74M $1.73M $1.70M $1.80M $1.75M $1.76M $1.71M
24-Feb
25-Jan
25-Feb
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY ● S-L RATIO
80
60
40
27%
22%
20%
20
7%
7%
3%
0
<$1M
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M
$6.0M+
S-L RATIO SALES INVENTORY
2 0 n/a
5 1 20%
22 6 27%
81 18 22%
87 6 7%
61 4 7%
78 2 3%
35 0 n/a
11 0 n/a
5 0 n/a
Copyright © 2025 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 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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. 20 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online