the rennie review - November 2022

coquitlam TOWNHOME-OCTOBER 202

SALES TO LISTINGSRATIO 40% SELLERS'M ARKET

▶ MARKETSUMMARY Therewere62 townhom elistingsin Coquitlam in O ctober,10% below Septem berand 170% higherthan October2021. O ctobertownhom esalesincreased by67% m onth-over-m onth,to 25,and were19% below O ctober 2021. Thesales-to-listing ratio fortow nhom esin Coquitlam ,at 40% ,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$999,999,a 6% decreasefrom Septem berand 2% aboveO ctober 2021. Theaveragesold pricewas$982,200,1.3% below last m onth;theaveragePSF salepricewas$571,down 14% tolastm onth.

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 2% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 4% VS 2021

▲ 2% VS 2021

▲ 170% VS 2021

▼ 19% VS 2021

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

25 62

31 23

-70% -19% 170%

15 69

-14% -1.3% -6% 85% 67% -10%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$571 $982,200 $999,999 40%

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

$663 $994,667 $1,065,000 22%

2% 4% 2%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● OCT 2021 ● OCT 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

83

82

69

68

75

64

62

66 46

40

36

44

32

31 23

26

35

30

25

16

24

21

19

15

14

9

$1.24M $1.20M $1.17M $1.19M

$1.16M

$1.07M $1.07M $1000K

$999K

$980K $1.05M

$960K $1.02M

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

20

8

4+ bdrms

18

15

71%

11

3 bdrms

33

10

50%

47%

6

25%

5

2 bdrms

11

6%

0

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

<2 bdrms

S-L RATIO SALES INVENTORY

0 1 n/a

7 5 71%

15 7 47%

20 10 50%

16 1 6%

4 1 25%

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