coquitlam
TOWNHOME MAY
AVERAGE PRICE
AVERAGE PSF PRICE 2 % UP
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 34 %
13 % UP
38 % DOWN
3 % UP
There were 97 townhome listings in Coquitlam in May, 18% above April but 38% lower vs May 2019. The 33 townhome sales in May were a 106% increase month-over-month and 3% higher year-over-year. The sales-to-listings ratio increased to 34% as Coquitlam’s townhome market transitioned to sell- er’s market territory. The townhome benchmark price in May was $687,300, 1.5% above April and 2% higher vs May 2019. The average sold price was $835,330 with an average PSF sales price of $481 (1.6% and 1.3% higher, respectively, vs April).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 157
% Change
TOTAL LISTINGS
97 33
82 16
18%
-38%
TOTAL SALES
106%
32
3%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
34%
20%
74%
20%
67%
$687,300 $676,900 $835,330 $822,406
1.5% $671,500 1.6% $738,019
2%
13%
$481
$475
1.3%
$470
2%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$671,500 $653,200 $651,300 $644,200 $665,200 $680,700 $687,300
159
157
141
97
97
82
63
49
40
42
33
32
33
28
COQUITLAM REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
14
4+ bdrms
BUYER'S MARKET
44
19
3 bdrms
34
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
19
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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