coquitlam
CONDO OCTOBER
AVERAGE PRICE
AVERAGE PSF PRICE 3 % UP
BENCHMARK PRICE 3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 33 %
0.7 % DOWN
20 % UP
25 % UP
The 395 condo listings in Coquitlam in October were unchanged from September and 20% higher vs October 2019. Year-over-year condo sales increased 25% in October (to 129) and were up 18% vs September. The sales-to-listings ratio increased to 33%, as Coquitlam’s condo market remained in seller’s market territory. The condo benchmark price in October was $534,500, 0.5% higher month-over-month and 3% above October 2019. The average sold price was $547,634 in October (5% lower vs September) while the average PSF sales price was $655 (a 7% decrease vs September).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 395 109 28%
% Change
No. 330 103 31%
% Change
TOTAL LISTINGS
395 129 33%
0.0% 18% 18%
20% 25%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
5% 3%
$534,500 $531,700 $547,634 $574,642
0.5% $517,000 -5% $551,234
-0.7%
$655
$704
-7%
$633
3%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$517,000 $510,600 $523,300 $532,500 $526,300 $529,000 $534,500
395
390
377
330
292
243
180
129
103
103
106
88
85
42
COQUITLAM REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
10
3+ bdrms
29
SELLER'S MARKET
BALANCED
80
2 bdrms
BUYER'S MARKET
257
39
<2 bdrms
. . . . 0 0 0 0 QD QD QD
109
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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