coquitlam DETACHED - NOVEMBER 2 0 2 4
SALES TO LISTINGS RATIO 10% BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 89% VS 2023
▲ 44% VS 2023
▼ 3% VS 2023
▼ 3% VS 2023
There were 442 detached listings in Coquitlam in November, 5% below October and 89% higher than November 2023. November detached home sales decreased by 16% month-over-month, to 46, and were 44% above November 2023. The sales-to-listing ratio for detached in Coquitlam, at 10%, reflected a buyers' market. The detached median price in November was $1,750,550, a 3% decrease from October and 3% below November 2023. The average sold price was $1,815,753, 1.5% below last month and down 3% to November 2023.
THIS MONTH No. $1,815,753 $1,750,550 10% 46 442
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$1,871,814 $1,813,750 14% 32 234
-3% -3% -24% 44% 89%
$1,843,280 $1,800,000 12% 55 463
-1.5% -3% -12% -16% -5%
▶ RATIO OF MEDIAN PRICES
▶ RECENT TRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
424
475
442
463
458
366
1.87
390
325
1.611.63
1.60 1.65
1.56
234
227
196
179
170
78
55
55
52
44
39
31
27
46
32
61
54
46
$1.82M $1.79M $1.79M $1.74M $1.73M
$1.81M $1.79M
$1.81M $1.85M
$1.70M $1.80M $1.75M
$1.65M
23-Nov
24-Oct
24-Nov
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY ● S-L RATIO
120
100
80
63%
60
40
21%
19%
11%
20
3%
1%
0
<$1M
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M
$6.0M+
S-L RATIO SALES INVENTORY
4 0 n/a
8 5 63%
24 5 21%
118 23 19%
90 10 11%
58 2 3%
84 1 1%
34 0 n/a
14 0 n/a
8 0 n/a
Copyright © 2024 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 December 9, 2024. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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. 20 ●
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