the rennie review - May 2020

coquitlam

TOWNHOME  APRI L 

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 2 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

SELLER’S 23 %

36 % DOWN

14 % UP

0.8 % UP

50 % DOWN

There were 71 townhome listings in Coquitlam in April, 5% belowMarch and 50% lower vs April 2019. The 16 townhome sales in April were down 62% month-over-month and 36% lower year-over-year. The sales-to-listings ratio slightly decreased to 23% as Coquitlam’s townhome market remained in sell- er’s market territory. The townhome benchmark price in April was $675,800, 0.6% belowMarch but 2% higher vs April 2019. The average sold price was $822,406, with an aver- age PSF sales price of $475 (1.1% higher but 1.7% lower, respectively, vs March).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No. 143

% Change

TOTAL LISTINGS

71 16

75 42

-5%

-50% -36% 29% 14% 0.8% 2%

TOTAL SALES

-62% -60%

25

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

23%

56%

17%

$675,800 $679,600 $822,406 $813,357

-0.6% $662,500 1.1% $724,364 -1.7% $471

$475

$483

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$662,500 $657,300 $651,800 $648,600 $663,000 $671,500 $675,800

164

144

143

106

71

65

61 32

49

33

36

29

25

16

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

SL RATIO

SALES TOTAL INVENTORY



SELLER'S MARKET

  



BALANCED



9



4+ bdrms

BUYER'S MARKET

33





6



3 bdrms



28





1



<3 bdrms

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

10

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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