rennie review - February 2020

coquitlam

TOWNHOME  JANUARY 

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

SELLER’S 47 %

17 % UP

13 % UP

1.1 % DOWN

35 % DOWN

115 % UP

There were 60 townhome listings in Coquitlam in January, unchanged from December and 35% lower vs January 2019. The 28 townhome sales in January were down by 4 vs December 2019 but 15 above January 2019. The sales-to-listings ratio decreased to 47% as Coquitlam’s townhome market remained in seller’s market territory. The townhome benchmark price in January was $664,900, virtually unchanged from December and 1.1% lower vs January 2019. The average sold price was $768,704, with an average PSF sales price of $493 (4% lower and 2% higher, respectively, vs December).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

60 28

60 32

0.0% -13% -13%

92 13

-35% 115% 230% -1.1%

TOTAL SALES

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

47%

53%

14%

$664,900 $663,000 $768,704 $802,662

0.3% $672,300 -4% $657,846

17% 13%

$493

$483

2%

$435

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$672,300 $638,500 $671,500 $653,200 $651,300 $644,200 $664,900

159

157

140

123

97

92

60

49

40

33

32

29

13

28

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES TOTAL INVENTORY SL RATIO

SALES TOTAL INVENTORY



SELLER'S MARKET

  



BALANCED



10



4+ bdrms

BUYER'S MARKET

22







11

3 bdrms



30





7



<3 bdrms

. . . . 0 0 0 0 QD     QD QD QD                

8

S-L RATIO SALES INVENTORY

Copyright © 2020 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 February 5, 2020. All data from RealEstateBoardof Greater Vancouver and Fraser Valley & 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.

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