coquitlam DETACHED-JANUARY 202
SALESTO LISTINGSRATIO 36% SELLERS'MARKET
▶ MARKETSUMMARY Therewere135detachedlistingsinCoquitlamin January,14%aboveDecemberand27%lowerthan January2021. Januarydetachedhomesalesdecreasedby28% month-over-month,to48,andwere38%belowJanuary 2021. Thesales-to-listingratiofordetachedinCoquitlam,at 36%,reflectedaselers'market. ThedetachedmedianpriceinJanuarywas$1,930,500,a 14%increasefromDecemberand29%aboveJanuary 2021. Theaveragesoldpricewas$2,004,494,6%abovelast monthandup28%toJanuary2021.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 28% VS2021
▲ 28% VS2021
▼ 27% VS2021
▼ 38% VS2021
THISMONTH No. $2,004,494 $1,930,500 36% 48 135
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$1,565,557 $1,500,000 42% 77 184
28% 29% -15% -38% -27%
$1,897,366 $1,700,000 57% 67 118
6% 14% -37% -28% 14%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
320
354 354
285
1.73
1.70
1.68
224
261
1.56
1.55
1.47
181
215
169
184
201
154
152
135
101
99
92
126
126
18
104
103
77
74
48
67
$1.93M
$1.72M
$1.70M
$1.65M
$1.63M
$1.56M $1.55M
$1.57M
$1.55M
$1.52M
$1.50M
$1.50M
$1.44M
Jan-21
Dec-21
Jan-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
40
100%
30
67%
20
37%
25%
10
18%
11%
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
3 2 67%
1 0 n/a
16 4 25%
22 22 100%
27 10 37%
38 7 18%
28 3 11%
Copyright©February8,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary8,202.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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