the rennie review - December 2021

coquitlam TOWNHOME-NOVEMBER 2021

SALESTO LISTINGSRATIO 154% SELLERS'MARKET

▶ MARKETSUMMARY Therewere26townhomelistingsinCoquitlamin November,13%aboveOctoberand70%lowerthan November2020. Novembertownhomesalesincreasedby28% month-over-month,to40,andwere29%below November2020. Thesales-to-listingratiofortownhomesinCoquitlam,at 154%,reflectedaselers'market. ThetownhomemedianpriceinNovemberwas $1,049,950,a7%increasefromOctoberand24%above November2020. Theaveragesoldpricewas$1,026,742,9%abovelast month;theaveragePSFsalepricewas$655,up17%to lastmonth.

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 28% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 22% VS2020

▲ 24% VS2020

▼ 70% VS2020

▼ 28% VS2020

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

40 26

56 87

139% -29% -70%

31 23

17% 9% 7% 14% 29% 13%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$655 $1,026,742 $1,049,950 154%

$507 $842,307 $846,400 64%

$558 $940,386 $980,000 135%

29% 22% 24%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● NOV 2020 ● NOV 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

86

87

77

73

70

70

64

64

63

67

56

61

50

50

60

57

55

44

40

43 43

31

36

34

26

23

$1.05M

$981K

$982K

$980K

$970K

$926K

$915K

$905K

$900K

$867K

$860K

$846K

$840K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

13

100%

100%+ 100%+

100%

15

4+bdrms

9

75%

10

26

3bdrms

11

5

1

2bdrms

6

0

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

<2bdrms

S-LRATIO SALES INVENTORY

2 2 100%

4 3 75%

4 13 325%

10 16 160%

6 6 100%

Copyright©December6,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofDecember6,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 21 ●

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