CONDO APRI L coquitlam
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
BALANCED 15 %
31 % DOWN
4 % DOWN
1.1 % UP
31 % DOWN
The 276 condo listings in Coquitlam in April were up 5% fromMarch but 31% lower vs April 2019. Year-over-year condo sales decreased 31% in April (to 42) and were 47% lower vs March. The sales-to-listings ratio decreased to 15%, as Coquitlam’s condo market transitioned to balanced market territory. The condo benchmark price in April was $542,800, relatively unchanged month-over-month and 6% above April 2019. The average sold price was $525,255 in April (1.3% lower vs March) while the average PSF sales price was $638 (a 5% decrease vs March).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 264
% Change
No. 399
% Change
TOTAL LISTINGS
276
5%
-31% -31% -0.5%
TOTAL SALES
42
79
-47% -49%
61
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
15%
30%
15%
$542,800 $541,900 $525,255 $532,279
0.2% $511,500 -1.3% $544,759
6%
-4%
$638
$673
-5%
$631
1.1%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$539,000 $542,800
$511,500 $514,600 $524,300 $517,000 $528,100
413
399
384
330
276
242
180
103
103
82
88
64
61
42
COQUITLAM REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
1
3+ bdrms
BUYER'S MARKET
31
30
2 bdrms
155
11
<2 bdrms
. . . . 0 0 0 0 QD QD QD QD
90
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
19
Made with FlippingBook - professional solution for displaying marketing and sales documents online