coquitlam
CONDO JANUARY
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 1.2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 43 %
3 % DOWN
0.3 % UP
43 % DOWN
69 % UP
The 166 condo listings in Coquitlam in January were down 4% from December and 43% lower vs January 2019. Year-over-year condo sales rose by 69% in January (to 71) but were 32% lower vs December. The sales-to-listings ratio decreased to 43%, as Coquitlam’s condo market remained in seller’s market territory. The condo benchmark price in January was $521,900, 1.2% below December but a 1.2% increase vs January 2019. The average sold price was $522,472 in January (down 7% vs December) while the average PSF sales price was $626 (a 5% decrease vs December).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 173 104 60%
% Change
No. 291
% Change
TOTAL LISTINGS
166
-4%
-43% 69% 196% 1.2%
TOTAL SALES
71
-32% -29%
42
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
43%
14%
$521,900 $528,100 $522,472 $562,522
-1.2% $515,500 -7% $541,270
-3%
$626
$659
-5%
$624
0.3%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$515,500 $522,800 $517,100 $516,400 $518,200 $518,200 $521,900
404
402
367
318
291
289
166
98
93
87
77
71
61
42
COQUITLAM REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
4
3+ bdrms
BUYER'S MARKET
11
41
2 bdrms
112
26
<2 bdrms
. . . . 0 0 0 0 QD QD QD QD
43
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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