coquitlam CONDO -OCTOBER 202
SALES TO LISTINGSRATIO 38% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere288 condolistingsin Coquitlam in O ctober, 1.1% aboveSeptem berand 61% higherthan O ctober 2021. O ctobercondosalesincreased by47% m onth-over-m onth,to 109,and were32% below O ctober 2021. Thesales-to-listing ratio forcondosin Coquitlam ,at38%, reflected aselers'm arket. Thecondom edian pricein Octoberwas$635,000,a0.5% decreasefrom Septem berand 4% aboveO ctober2021. Theaveragesold pricewas$673,874,1.9% below last m onth;theaveragePSF salepricewas$802,down 3% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 7% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 8% VS 2021
▲ 4% VS 2021
▲ 61% VS 2021
▼ 32% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 90% 161 179
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
38% 109 288
-58% -32% 61%
$829 $687,017 $638,000 26% 74 285
-3% -1.9% -0.5% 46% 47% 1.1%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$802 $673,874 $635,000
$749 $624,263 $608,000
7% 8% 4%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2021 ● OCT 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
274
288
265
285
268
223
257
230
21
179
157
154
161
120
149
1
147
105 143
109
125
74
102 102
74
72
$755K
$740K $707K
$708K $707K
$670K $631K $648K $638K $635K
$639K $680K
$608K
COQUITLAM
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
100
4+ bdrms
80
7
58%
3 bdrms
60
43
50%
50%
40
59
2 bdrms
17%
20
164
14%
6%
0
43
<$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
2 1 50%
72 42 58%
109 54 50%
71 10 14%
18 1 6%
9 0 n/a
6 1 17%
1 0 n/a
81
Copyright© Novem ber7,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofNovem ber7,202 .Aldatafrom RealEstateBoardofGreater VancouverandFraserValey& Ren ie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Al inform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom ren iegroupofcom panies.E.&O.E. 22 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online