coquitlam
DETACHED APRI L
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 5 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
2 % UP
49 % DOWN
-
43 % DOWN
BUYER’S 11 %
The number of detached listings in Coquitlam decreased to 305 in April, 7% belowMarch and 43% lower year-over-year. The 33 detached sales in April represented a decrease of 56% fromMarch and a 49% drop vs April of last year. Coquitlam’s sales-to-listings ratio decreased to 11% as the detached segment transitioned to buyer’s market territory. The benchmark price in April was $1.21M, increasing 2% fromMarch and a 5% increase year-over-year. The average sold price was $1.24M in April, down 7% vs March but a 2% increase vs April 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 329
% Change
No. 532
% Change
TOTAL LISTINGS
305
-7%
-43% -49% -11%
TOTAL SALES
33
75
-56% -53%
65
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
11%
23%
12%
$1,214,300 $1,190,000 $1,240,206 $1,336,960
2% $1,156,700 -7% $1,213,198
5% 2%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.21
$1.17
$1.17
$1.16
$1.16
$1.16
$1.15
1.80
1.75
1.75
586
532
532
470
1.30
1.25
1.25
306
305
284
97
80
78
67
65
51
33
Apr-19
Mar-20
Apr-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD QD QD QD
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 May 5, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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