the rennie review - July 2020

coquitlam

TOWNHOME  JUNE 

AVERAGE PRICE

AVERAGE PSF PRICE 4 % UP

BENCHMARK PRICE 6 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

SELLER’S 34 %

9 % UP

24 % DOWN

48 % UP

There were 125 townhome listings in Coquitlam in June, 25% above May but 24% lower vs June 2019. The 43 townhome sales in June were a 30% increase month-over-month and 48% higher year-over-year. The sales-to-listings ratio increased to 34% as Coquitlam’s townhome market remained a seller’s market. The townhome benchmark price in June was $693,800, 0.9% above May and 6% higher vs June 2019. The average sold price was $837,993 with an average PSF sales price of $490 (0.3% and 1.9% higher, respectively, vs May).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 100

% Change

No. 164

% Change

TOTAL LISTINGS

125

25% 30%

-24% 48% 95%

TOTAL SALES

43

33

29

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

34%

33%

4%

18%

$693,800 $687,300 $837,993 $835,330

0.9% $657,300 0.3% $770,207

6% 9% 4%

$490

$481

1.9%

$469

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$693,800

$657,300 $651,800 $648,600 $664,600 $672,600 $676,900

164

145

125

107

83

65 36

61 32

49

43

33

29

16

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

SL RATIO

SALES TOTAL INVENTORY



SELLER'S MARKET

  

BALANCED





23

4+ bdrms

BUYER'S MARKET

53









16



3 bdrms



42



4



<3 bdrms

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

30

S-L RATIO SALES INVENTORY

Copyright © 2020 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 July 3, 2020. All data from Real Estate Board of 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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