coquitlam CONDO - DECEMBER 2 0 2 4
SALES TO LISTINGS RATIO 17% BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 4% VS 2023
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 1.8% VS 2023
▲ 65% VS 2023
▲ 5% VS 2023
▼ 5% VS 2023
There were 362 condo listings in Coquitlam in December, 14% below November and 65% higher than December 2023. December condo sales decreased by 36% month-over-month, to 62, and were 5% above December 2023. The sales-to-listing ratio for condos in Coquitlam, at 17%, reflected a balanced market. The condo median price in December was $680,000, a 2% increase from November and 1.8% above December 2023. The average sold price was $680,077, 0.7% above last month; the average PSF sale price was $843, up 0.6% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$843 $680,077 $680,000 17% 62 362
$879 $716,249 $668,000 27% 59 219
1.8% -36% 5% 65%
$838 $675,540 $665,000 23% 97 421
0.6% 0.7% 2% -26% -36% -14%
-4% -5%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● DEC 2023 ● DEC 2024
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
430
421
472
460
375
417
362
380
289
311
250
219
224
141
131
106
94
118
106
97
94
90
62
59
82
59
$717K
$718K
$702K
$688K
$684K
$680K
$680K
$673K
$673K
$668K
$667K
$662K
$665K
COQUITLAM
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
150
4+ bdrms
2
100
2
3 bdrms
37
29%
50
37
17% 14%
2 bdrms
220
4%
0
23
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
<2 bdrms
S-L RATIO SALES INVENTORY
77 22 29%
156 26 17%
94 13 14%
23 1 4%
9 0 n/a
1 0 n/a
1 0 n/a
1 0 n/a
103
Copyright © 2025 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 January 13, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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. 22 ●
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