coquitlam DETACHED-MARCH 202
SALESTO LISTINGSRATIO 60% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 26% VS2021
▲ 22% VS2021
▼ 30% VS2021
▼ 34% VS2021
Therewere200detachedlistingsinCoquitlaminMarch, 4%aboveFebruaryand30%lowerthanMarch2021. Marchdetachedhomesalesincreasedby52% month-over-month,to120,andwere34%belowMarch 2021. Thesales-to-listingratiofordetachedinCoquitlam,at 60%,reflectedaselers'market.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 64% 181 285
%Change
%Change
No.
TOTALLISTINGS TOTALSALES
60% 120 200
26% 22% -6% -34% -30%
1.1% 2% 46% 52% 4%
$1,970,619 $1,860,000 41% 79 192
ThedetachedmedianpriceinMarchwas$1,900,000,a 2%increasefromFebruaryand22%aboveMarch2021.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$1,992,582,1.1%abovelast monthandup26%toMarch2021.
$1,992,582 $1,900,000
$1,587,429 $1,555,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
320
354 354
1.77
285
1.70
224
1.621.55
261
1.58
1.55
192
181
200
169
201
154
152
101
99
120
92
135
126
126
18
103
79
74
67
48
$1.93M
$1.90M $1.86M
$1.72M
$1.70M
$1.65M
$1.63M
$1.57M
$1.56M
$1.55M
$1.52M
$1.50M
$1.44M
Mar-21
Feb-22
Mar-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
70
100%+
100%+
100%+
60
50
78%
40
30
43%
20
29%
19%
10
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
4 5 125%
2 0 n/a
1 3 300%
21 9 43%
64 50 78%
33 35 106%
37 7 19%
38 11 29%
Copyright©April7,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionofthereniegroupofcompanies.CurentasofApril7,202.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
●
20
Made with FlippingBook - professional solution for displaying marketing and sales documents online