the rennie review - November 2020

coquitlam

TOWNHOME  OCTOBER 

AVERAGE PRICE

AVERAGE PSF PRICE 5 % UP

BENCHMARK PRICE 8 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

SELLER’S 78 %

11 % UP

0.9 % DOWN

69 % UP

There were 106 townhome listings in Coquitlam in October, 20% below September and 0.9% below October 2019. The 83 townhome sales in October were 34% higher month-over-month and 69% higher year-over-year. The sales-to-listings ratio increased to 78% as Coquitlam’s townhome market remained in seller’s market territory. The townhome benchmark price in October was $699,800, 0.5% above September and 8% higher vs October 2019. The average sold price was $827,418 with an aver- age PSF sales price of $493 (1.7% lower and 1.4% higher, respectively, vs September).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 132

% Change

No. 107

% Change

TOTAL LISTINGS

106

-20% 34% 67%

-0.9%

TOTAL SALES

83

62

49

69% 71%

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

78%

47%

46%

$699,800 $696,300 $827,418 $841,752

0.5% $648,600 -1.7% $743,541

8%

11%

$493

$486

1.4%

$471

5%

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$693,800 $688,900 $699,800

$648,600 $664,600 $672,600 $676,900

127

127

107

106

83

65

61 32

49

83

45

43

36

16

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

SL RATIO

SALES TOTAL INVENTORY





SELLER'S MARKET

  

BALANCED



32

4+ bdrms

BUYER'S MARKET

44









36



3 bdrms



40



15



<3 bdrms

. . . . 0 0 0 0 QD     QD QD QD                

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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 November 3, 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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