detached
C O Q U I T L A M - F E B R U A R Y 2 0 1 9
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 7 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
6 % DOWN
18 % UP
BUYER’S 9 %
-
35 % DOWN
The number of detached listings in Coquitlam increased to 449 in February, 7% above January and 18% above February 2018. The 39 detached sales in February represented an increase of 44% from January but a 35% decline vs February of last year. Coquitlam’s sales-to-listings ratio increased to 9% as the detached market favoured buyer’s. The benchmark price in February was $1.18M, 1.0% below January and a 7% decrease year-over-year. The average sold price was $1.32M in February, up 6% from January but 6% below February 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 418
% Change
No. 380
% Change
TOTAL LISTINGS
449
7%
18% -35% -45%
TOTAL SALES
39 9%
27 6%
44% 34%
60
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
16%
$1,182,800 $1,195,000 -1.0% $1,277,900
-7% -6%
$1,315,264 $1,244,399
6% $1,403,119
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.31
$1.31
$1.30
$1.28
$1.25
$1.21
2.43
$1.18
2.32
2.26
582
566
546
1.88
1.80
1.78
465
449
395
380
77
61
60
60
44
39
28
Feb-18
Jan-19
Feb-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD
S-L RATIO SALES INVENTORY
CurrentasofMarch5,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The informationsetoutherein (the“Information”) is intended for informationalpurposesonly.RAR&RMShasnotverified the informationanddoesnot represent,warrantorguarantee theaccuracy,correctnessandcompletenessof the information.RAR&RMSdoesnotassumeany responsibilityor liabilityofanykind inconnectionwith the informationand the recipient’s relianceupon the information.The recipientof the information should take stepsas the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
Made with FlippingBook - professional solution for displaying marketing and sales documents online