data pack: the vancouver rennie review | March 2025

coquitlam TOWNHOME - FEBRUARY 2 0 2 5

SALES TO LISTINGS RATIO 22% SELLERS' MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

AVERAGE PSF PRICE ▲ 1.1% VS 2024

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 0.7% VS 2024

▲ 5% VS 2024

▲ 52% VS 2024

▼ 11% VS 2024

There were 152 townhome listings in Coquitlam in February, 19% above January and 52% higher than February 2024. February townhome sales increased by 22% month-over-month, to 33, and were 11% below February 2024. The sales-to-listing ratio for townhomes in Coquitlam, at 22%, re(ected a sellers' market. The townhome median price in February was $1,249,900, a 4% increase from January and 5% above February 2024. The average sold price was $1,199,136, 0.5% above last month; the average PSF sale price was $699, up 2% to last month.

THIS MONTH No. $699 $1,199,136 $1,249,900 22% 33 152

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

$691 $1,191,276 $1,188,000 37% 37 100

1.1% 0.7% 5% -41% -11% 52%

$682 $1,192,944 $1,199,800 21% 27 128

22% 19%

4% 3%

2% 0.5%

▶ AVG PRICE PER SQUARE FOOT

▶ RECENT TRENDS

● FEB 2024 ● FEB 2025

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

146

144

152

157

154

134

151

127

141

128

100

108

102

60

43

41

33

33

40

40

37

33

27

26

23

23

$1.23M

$1.19M $1.14M $1.21M

$1.18M $1.20M $1.25M

$1.13M $1.09M

$1.10M

$997K $1.07M $1.06M

COQUITLAM

REBGV

▶ NUMBER OF BEDROOMS

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY

● SALES ● TOTAL INVENTORY ● S-L RATIO

70

16

4+ bdrms

60

43

50

15

3 bdrms

82

40

2

30

36%

2 bdrms

27

29%

20

19%

10%

<2 bdrms

10

0

<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+

Null

S-L RATIO SALES INVENTORY

7 2 29%

21 2 10%

67 13 19%

45 16 36%

9 0 n/a

3 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. 21 ●

Made with FlippingBook - professional solution for displaying marketing and sales documents online