the rennie review - April 2022

coquitlam TOWNHOME-MARCH 202

SALESTO LISTINGSRATIO 145% SELLERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 36% VS2021

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 22% VS2021

▲ 20% VS2021

▼ 20% VS2021

▼ 26% VS2021

Therewere44townhomelistingsinCoquitlaminMarch, 47%aboveFebruaryand20%lowerthanMarch2021. Marchtownhomesalesincreasedby78% month-over-month,to64,andwere26%belowMarch 2021. Thesales-to-listingratiofortownhomesinCoquitlam,at 145%,reflectedaselers'market. ThetownhomemedianpriceinMarchwas$1,173,750,a 2%decreasefromFebruaryand20%aboveMarch2021. Theaveragesoldpricewas$1,140,597,1.3%belowlast month;theaveragePSFsalepricewas$712,down3%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

64 44

86 55

36% 22% 20% -7% -26% -20%

36 30

21% 78% 47%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$712 $1,140,597 $1,173,750 145%

$523 $938,615 $981,250 156%

$738 $1,156,098 $1,200,000 120%

-3% -1.3% -2%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● MAR 2021 ● MAR 202

● SALES ● TOTALINVENTORY ● MEDIANPRICE

86

77

73

70

64

64

67

50

50

57

55

44

44

40

36

43 43

31

26

34

30

16

24

23

14

9

$1.24M

$1.17M $1.20M

$1.16M

$1.05M

$981K

$970K

$982K

$980K

$915K

$905K

$900K

$860K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

25

16

100%

100%+ 100%+ 100%+

100%

4+bdrms

12

20

67%

33

15

3bdrms

24

10

14

2bdrms

5

7

0

1 1

<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+

<2bdrms

S-LRATIO SALES INVENTORY

1 1 100%

6 4 67%

8 13 163%

10 19 190%

17 25 147%

2 2 100%

Copyright©April7,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionofthereniegroupofcompanies.CurentasofApril7,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 21 ●

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