the rennie review - October 2021

coquitlam TOWNHOME-SEPTEMBER 2021

SALESTO LISTINGSRATIO 77% SELLERS'MARKET

▶ MARKETSUMMARY Therewere44townhomelistingsinCoquitlamin September,12%belowAugustand66%lowerthan September2020. Septembertownhomesalesdecreasedby21% month-over-month,to34,andwere45%below September2020. Thesales-to-listingratiofortownhomesinCoquitlam,at 77%,reflectedaselers'market. ThetownhomemedianpriceinSeptemberwas $981,500,a9%increasefromAugustand15%above September2020. Theaveragesoldpricewas$937,641,4%abovelast month;theaveragePSFsalepricewas$583,up1.4%to lastmonth.

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 20% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 11% VS2020

▲ 15% VS2020

▼ 66% VS2020

▼ 45% VS2020

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

34 44

$485 $841,752 $852,000 48% 62 130

20% 11% 15% 62% -45% -66%

43 50

1.4% 4% 9% -10% -21% -12%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$583 $937,641 $981,500 77%

$574 $901,422 $900,000 86%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● SEP 2020 ● SEP 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

130

107

86

83 87

77

73

70

70

64

64

63

67

50

62

61

60

57

56

55

34 44

50

43 43

36

$981K

$982K

$970K

$926K

$915K

$905K

$900K

$867K

$852K

$860K

$840K

$846K

$840K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

11

100%+

15

4+bdrms

4

88%

10

17

63%

3bdrms

35

50%

5

6

2bdrms

20%

5

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

5 1 20%

5 8 160%

16 10 63%

16 14 88%

2 1 50%

Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 21 ●

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