the rennie review - December 2019

coquitlam

TOWNHOME - NOVEMBER 2019

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 4 % DOWN

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

SELLER’S 36 %

6 % DOWN

3 % DOWN

27 % DOWN

50 % UP

There were 92 townhome listings in Coquitlam in November 2019, 12% below October and 27% lower vs November 2018. The 33 townhome sales in November were down by 16 vs October 2019 but 11 above November 2018. The sales-to-listings ratio decreased to 36% as Coquitlam’s townhome market remained in seller’s market territory. The townhome benchmark price in November was $644,200, 0.7% below October and 4% lower vs November 2018. The average sold price was $747,182, with an aver- age PSF sales price of $480 (0.5% and 1.9% higher, respectively, vs October).

VS 2018

VS 2018

VS 2018

VS 2018

VS 2018

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 104

% Change

No. 126

% Change

TOTAL LISTINGS

92 33

-12% -33% -24%

-27% 50% 105%

TOTAL SALES

49

22

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

36%

47%

17%

$644,200 $648,600 $747,182 $743,541

-0.7% $670,400 0.5% $793,364

-4% -6% -3%

$480

$471

1.9%

$493

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$670,400 $672,300 $638,500 $671,500 $653,200 $651,300 $644,200

159

157

140

126

123

92

92

49

40

33

32

29

22

13

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES TOTAL INVENTORY S-L RATIO

SALES TOTAL INVENTORY





SELLER'S MARKET

  



BALANCED

9



4+ bdrms

BUYER'S MARKET

34









18



3 bdrms



42





6



<3 bdrms

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

16

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.

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