coquitlam DETACHED-OCTOBER 2021
SALESTO LISTINGSRATIO 60% SELLERS'MARKET
▶ MARKETSUMMARY Therewere169detachedlistingsinCoquitlamin October,25%belowSeptemberand42%lowerthan October2020. Octoberdetachedhomesalesincreasedby36% month-over-month,to101,andwere22%belowOctober 2020. Thesales-to-listingratiofordetachedinCoquitlam,at 60%,reflectedaselers'market. ThedetachedmedianpriceinOctoberwas$1,625,000,a 4%increasefromSeptemberand20%aboveOctober 2020. Theaveragesoldpricewas$1,654,061,3%abovelast monthandup18%toOctober2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 18% VS2020
▲ 20% VS2020
▼ 42% VS2020
▼ 22% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 45% 129 289
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
60% 101 169
18% 20% 34% -22% -42%
$1,599,820 $1,570,000 33% 74 224
81% 36% -25%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
3% 4%
$1,654,061 $1,625,000
$1,406,287 $1,358,800
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
320
354 354
285
276
289
1.621.62 1.601.64 1.661.61
224
261
181
215
201
154
193
184
169
129
103
99
126
126
101
104
103
93
77
74
$1.65M
$1.63M
$1.57M
$1.56M $1.55M
$1.55M
$1.52M
$1.50M
$1.50M
$1.44M
$1.41M
$1.38M
$1.36M
Oct-20
Sep-21
Oct-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
60
100%
100%+ 100%+ 100%+
50
40
30
50%
20
23%
10
13%
3%
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
3 3 100%
2 1 50%
3 5 167%
20 24 120%
38 55 145%
30 7 23%
40 5 13%
33 1 3%
Copyright©November8,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofNovember8,2021.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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