the rennie review - July 2021

coquitlam TOWNHOME-JUNE 2021

SALESTO LISTINGSRATIO 68% SELLER'SMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 12% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 7% VS2020

▲ 9% VS2020

▼ 43% VS2020

▲ 16% VS2020

Therewere74townhomelistingsinCoquitlaminJune, 4%belowMayand43%lowerthanJune2020. Junetownhomesalesdecreasedby12% month-over-month,to50,andwere16%aboveJune 2020. Thesales-to-listingratiofortownhomesinCoquitlam,at 68%,reflectedaseler'smarket. ThetownhomemedianpriceinJunewas$905,000,a 1.1%decreasefromMayand9%aboveJune2020. Theaveragesoldpricewas$893,060,3%belowlast month;theaveragePSFsalepricewas$550,down2%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

50 74

$490 $837,993 $828,900 33% 43 130

12% 7% 9% 104% 16% -43%

57 77

-2% -3% -1.1% -9% -12% -4%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$550 $893,060 $905,000 68%

$562 $921,579 $915,000 74%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUN 2020 ● JUN 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

130

130

129 129

107

87

86

83

77

70

70

74

64

63

54

67

62

60

50

57

56 61

55

43

45

36

$981K

$970K

$926K

$915K

$905K

$867K

$852K

$839K

$838K

$840K

$846K

$840K

$829K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELER'SMARKET 21%+

BALANCED 12-20%

BUYER'SMARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

25

15 15

100%+

4+bdrms

20

85%

15

23

63%

63%

3bdrms

52%

37

10

12

2bdrms

5

21

0

<$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

8 5 63%

21 11 52%

20 17 85%

24 15 63%

1 2 200%

1

Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 21 ●

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