coquitlam CONDO-OCTOBER 2021
SALESTO LISTINGSRATIO 90% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 14% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 14% VS2020
▲ 17% VS2020
▼ 55% VS2020
▲ 24% VS2020
Therewere179condolistingsinCoquitlaminOctober, 26%belowSeptemberand55%lowerthanOctober2020. Octobercondosalesincreasedby22% month-over-month,to161,andwere24%aboveOctober 2020. Thesales-to-listingratioforcondosinCoquitlam,at90%, reflectedaselers'market. ThecondomedianpriceinOctoberwas$608,000,a1.8% increasefromSeptemberand17%aboveOctober2020. Theaveragesoldpricewas$624,263,1.5%belowlast month;theaveragePSFsalepricewas$749,down3%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 33% 130 398
%Change
No. 55% 132 241
%Change
TOTALLISTINGS TOTALSALES
90% 161 179
14% 14% 17% 175% 24% -55%
-3% -1.5% 1.8% 64% 22% -26%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$749 $624,263 $608,000
$771 $633,917 $597,000
$655 $548,575 $518,400
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2020 ● OCT 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
398
370
301
267
241
234
269
266
201
247
21
203
179
146
141
139
185
161
130
154
141
138
132
131
107
105
$610K
$608K
$608K
$600K
$595K
$597K
$567K
$567K
$560K
$555K
$533K
$518K
$515K
COQUITLAM
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
80
70
100%
100%+ 100%+
4+bdrms
2
60
50
7
3bdrms
40
29
30
33%
29%
107
20
2bdrms
17%
105
10
0
47
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
3 3 100%
55 74 135%
70 71 101%
34 10 29%
6 2 33%
5 0 n/a
6 1 17%
43
Copyright©November8,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofNovember8,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 22 ●
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