the rennie review - July 2021

coquitlam DETACHED-JUNE 2021

SALESTO LISTINGSRATIO 40% SELLER'SMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 20% VS2020

▲ 16% VS2020

- VS2020

▲ 61% VS2020

Therewere320detachedlistingsinCoquitlaminJune, 10%belowMayandnochangetoJune2020. Junedetachedhomesalesdecreasedby18% month-over-month,to127,andwere61%aboveJune 2020. Thesales-to-listingratiofordetachedinCoquitlam,at 40%,reflectedaseler'smarket.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No. 44% 154 354

%Change

TOTALLISTINGS TOTALSALES

40% 127 320

$1,298,424 $1,240,000 25% 79 320

20% 16% 61% 61% 0%

-0.5% -4% -9% -18% -10%

ThedetachedmedianpriceinJunewas$1,440,000,a4% decreasefromMayand16%aboveJune2020.

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE

Theaveragesoldpricewas$1,553,702,0.5%belowlast monthanddown20%toJune2020.

$1,561,756 $1,499,500

$1,553,702 $1,440,000

▶ RATIOOFMEDIANPRICES

▶ RECENTTRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTALINVENTORY ● MEDIANPRICE

329

321

354 354

320

320

285

276

309

1.64

1.63

1.591.60

289

1.50

1.50

181

215

154

193

184

129

127

10

127

103

126

104

79

93

85

77

$1.65M

$1.56M $1.55M

$1.50M

$1.50M

$1.44M

$1.41M

$1.38M

$1.36M

$1.30M

$1.30M

$1.29M

$1.24M

Jun-20

May-21

Jun-21

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELER'SMARKET 21%+

BALANCED 12-20%

BUYER'SMARKET <12%

● SALES ● TOTALINVENTORY ● S-LRATIO

100

100%

80

60

64%

45%

44%

40

33%

20

11%

10%

8%

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 1 33%

2 0 n/a

9 4 44%

23 23 100%

72 46 64%

92 41 45%

39 4 10%

44 5 11%

36 3 8%

Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.

20

Made with FlippingBook - professional solution for displaying marketing and sales documents online