the rennie review- December 2022

coquitlam CONDO -NOVEMBER 202

SALES TO LISTINGSRATIO 31% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 3% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 7% VS 2021

▲ 4% VS 2021

▲ 57% VS 2021

▼ 49% VS 2021

Therewere247 condolistingsin Coquitlam in N ovem ber,14% below O ctoberand 57% higherthan N ovem ber2021. N ovem bercondosalesdecreased by30% m onth-over-m onth,to76,and were49% below N ovem ber2021. Thesales-to-listing ratio forcondosin Coquitlam ,at31%, reflected aselers'm arket. Thecondom edian pricein N ovem berwas$661,950,a 4% increasefrom O ctoberand 4% aboveN ovem ber2021. Theaveragesold pricewas$700,262,4% abovelast m onth;theaveragePSF salepricewas$813,up 1.5% to lastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No. 95% 149 157

% Change

No. 38% 109 288

% Change

TOTALLISTINGS TOTALSALES

$813 $700,262 $661,950 31% 76 247

-68% -49% 57%

1.5% 4% 4% -19% -30% -14%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$802 $673,874 $635,000

$792 $653,571 $638,888

3% 7% 4%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● NOV 2021 ● NOV 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

274

265

285 288

268

223

257

247

230

21

157

154

149

120

1

147

109

143

105

125

74

102 102

76

74

72

$755K $708K

$740K $707K

$707K $670K

$639K $680K

$631K $648K $638K $635K $662K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

100

4+ bdrms

80

7

60

3 bdrms

37

50%

45%

40

33%

42

23%

2 bdrms

20

148

11%

0

27

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

<2 bdrms

S-L RATIO SALES INVENTORY

2 0 n/a

55 25 45%

98 32 33%

62 14 23%

19 2 11%

6 3 50%

4 0 n/a

1 0 n/a

62

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