coquitlam
DETACHED MAY
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 4 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
31 % DOWN
6 % DOWN
-
43 % DOWN
BALANCED 15 %
The number of detached listings in Coquitlam increased to 327 in May, 4% above April but 43% lower year-over-year. The 49 detached sales in May represented an increase of 48% from April but a 31% drop vs May of last year. Coquitlam’s sales-to-listings ratio increased to 15% as the detached segment transitioned to a balanced market. The benchmark price in May was $1.22M, relatively unchanged from last month but a 4% increase year-over-year. The average sold price was $1.17M in May, down 6% year-over-year and month-over-month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 315
% Change
No. 572
% Change
TOTAL LISTINGS
327
4%
-43% -31% 21%
TOTAL SALES
49
33
48% 43%
71
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
15%
10%
12%
$1,215,200 $1,217,900 -0.2% $1,164,300
4%
$1,171,574 $1,240,206
-6% $1,248,762
-6%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.22
$1.19
$1.17
$1.17
$1.16
$1.16
$1.15
1.80
1.77
1.73
572
568
504
1.30
1.29
1.27
410
337
327
315
89
86
80
75
71
49
39
May-19
Apr-20
May-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD
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 June 4, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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