CONDO JUNE coquitlam
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 24 %
3 % DOWN
10 % UP
14 % DOWN
33 % UP
The 357 condo listings in Coquitlam in June were up 13% fromMay but 14% lower vs June 2019. Year-over-year condo sales increased 33% in June (to 85) and were up 73% vs May. The sales-to-listings ratio increased to 24%, as Coquitlam’s condo market transitioned to seller’s market territory. The condo benchmark price in June was $526,300, down 1.5% month-over-month but 2% above June 2019. The average sold price was $530,324 in June (1.6% lower vs May) while the average PSF sales price was $696 (unchanged vs May).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 316
% Change
No. 413
% Change
TOTAL LISTINGS
357
13% 73% 54%
-14% 33% 54%
TOTAL SALES
85
49
64
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
24%
16%
15%
$526,300 $534,300 $530,324 $539,088
-1.5% $514,600 -1.6% $547,244
2%
-3% 10%
$696
$696
0.0%
$630
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$514,600 $524,300 $517,000 $510,600 $523,300 $532,500 $526,300
413
384
357
330
292
243
180 103
103
88
82
85
64
42
COQUITLAM REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
3
3+ bdrms
BUYER'S MARKET
28
45
2 bdrms
213
37
<2 bdrms
. . . . 0 0 0 0 QD QD QD QD
116
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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