coquitlam
CONDO - NOVEMBER 2019
AVERAGE PRICE
AVERAGE PSF PRICE 6 % UP
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 30 %
3 % DOWN
0.8 % DOWN
25 % DOWN
38 % UP
The 257 condo listings in Coquitlam in November were down 19% from October and 25% lower vs November 2018. Year-over-year condo sales rose by 38% in November (to 77) but were 25% lower vs October. The sales-to-listings ratio slightly decreased to 30%, as Coquitlam’s condo market remained in seller’s market territory. The condo benchmark price in November was $518,200, relatively unchanged from October and a 0.8% decrease vs November 2018. The average sold price was $539,184 in November (down 2% vs October) while the average PSF sales price was $661 (a 4% increase vs October).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 318 103 32%
% Change
No. 341
% Change
TOTAL LISTINGS
257
-19% -25%
-25% 38% 82% -0.8%
TOTAL SALES
77
56
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
30%
-7%
16%
$518,200 $517,000 $539,184 $551,234
0.2% $522,300 -2% $553,080
-3%
$661
$633
4%
$625
6%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$522,300 $515,500 $522,800 $517,100 $516,400 $518,200 $518,200
404
402
367
341
318
291
257
98
93
87
77
61
56
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
3
3+ bdrms
BUYER'S MARKET
19
54
2 bdrms
176
20
<2 bdrms
. . . . 0 0 0 0 QD QD QD QD QD
64
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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