the rennie review - July 2023

coquitlam TOWNHOME-JUNE 2023

SALES TO LISTINGSRATIO 51% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 1.1% VS 2022

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 12% VS 2022

▲ 24% VS 2022

▲ 17% VS 2022

▲ 133% VS 2022

Therewere96 townhom elistingsin Coquitlam in June, 12% aboveM ayand 17% higherthan June2022. Junetownhom esalesdecreased by6% m onth-over-m onth,to49,and were133% aboveJune 2022. Thesales-to-listing ratio fortow nhom esin Coquitlam ,at 51% ,reflected aselers'm arket. Thetownhom em edian pricein Junewas$1,195,000,a 4% increasefrom M ayand 24% aboveJune2022. Theaveragesold pricewas$1,114,030,1.8% abovelast m onth;theaveragePSF salepricewas$681,down 6% to lastm onth.

THISMONTH No.

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

49 96

21 82

1.1% 12% 24% 99% 133% 17%

52 86

-6% 1.8% 4% -16% -6% 12%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$681 $1,114,030 $1,195,000 51%

$673 $994,664 $960,000 26%

$721 $1,094,509 $1,149,000 60%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUN 202 ● JUN 2023

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

96

86

83

82

69

75

62

56

62

50

62 52

49

51

35

32

44

25

34

21

14

25

19

5

16

14

$1.14M $1.13M $1.15M $1.20M

$1.05M

$1.02M $1.07M

$991K $1000K $1.02M $998K

$960K

$874K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

35

18

100%

30

4+ bdrms

28

25

22

20

3 bdrms

52%

46

50%

47%

15

36%

9

25%

10

2 bdrms

20

5

0

<2 bdrms

<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +

2

S-L RATIO SALES INVENTORY

2 1 50%

11 4 36%

11 11 100%

33 17 52%

30 14 47%

8 2 25%

1 0 n/a

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