coquitlam CONDO - FEBRUARY 2 0 2 5
SALES TO LISTINGS RATIO 18% BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 2% VS 2024
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 2% VS 2024
▲ 3% VS 2024
▲ 91% VS 2024
▼ 17% VS 2024
There were 477 condo listings in Coquitlam in February, 15% above January and 91% higher than February 2024.
February condo sales decreased by 5% month-over-month, to 88, and were 17% below February 2024.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No. 106 250
% Change
No.
% Change
The sales-to-listing ratio for condos in Coquitlam, at 18%, re(ected a balanced market.
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$889 $701,551 $685,000 18% 88 477
-56% -17% 91%
$859 $722,054 $690,000 23% 93 413
3% -3% -0.7% -18% -5% 15%
The condo median price in February was $685,000, a 0.7% decrease from January and 3% above February 2024. The average sold price was $701,551, 3% below last month; the average PSF sale price was $889, up 3% to last month.
$909 $686,950 $662,000 42%
-2% 2% 3%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● FEB 2024 ● FEB 2025
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
477
430
421
472
460
375
417
413
380
362
289
311
250
141
131
94
93
106
118
88
106
97
94
90
82
62
$717K
$718K
$702K
$688K
$690K
$684K
$680K
$680K
$685K
$673K
$673K
$662K
$665K
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
200
4+ bdrms
2
150
8
3 bdrms
100
39
53
18% 21% 19%
50
2 bdrms
13%
281
4%
0
27
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
<2 bdrms
S-L RATIO SALES INVENTORY
127 23 18%
198 41 21%
117 22 19%
25 1 4%
8 1 13%
1 0 n/a
1 0 n/a
155
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. 22 ●
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