coquitlam
DETACHED - NOVEMBER 2019
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
5 % DOWN
-
26 % DOWN
71 % UP
SELLER’S 24 %
The number of detached listings in Coquitlam fell to 376 in November, 18% below October and 26% lower year-over-year. The 89 detached sales in November represented a decrease of 8% from October but a 71% jump vs November of last year. Coquitlam’s sales-to-listings ratio increased to 24% as the detached segment remained in seller’s market territory. The benchmark price in November was $1.15M, relatively unchanged vs October and a 6% decrease year-over-year. The average sold price was $1.24M in November, down 2% vs October and 5% below November 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 457
% Change
No. 509
% Change
TOTAL LISTINGS
376
-18% -8% 12%
-26% 71% 132%
TOTAL SALES
89
97
52
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
24%
21%
10%
$1,154,800 $1,151,200 0.3% $1,230,100
-6% -5%
$1,236,003 $1,261,508
-2% $1,307,310
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.23
$1.20
$1.17
$1.16
$1.16
$1.16
$1.15
1.83
1.79
1.77
572
568
509
504
488
1.28
1.25
414
1.24
376
89
86
80
71
52
48
27
Nov-18
Oct-19
Nov-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
S-L RATIO SALES INVENTORY
Copyright © 2019 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 December 4, 2019. All data from RealEstateBoard ofGreaterVancouverandFraserValley & 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
14
Made with FlippingBook - professional solution for displaying marketing and sales documents online