the rennie review - May 2019

coquitlam

TOWNHOME  APRI L 

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 6 % DOWN

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

4 % UP

4 % DOWN

134 % UP

BALANCED 18 %

9 % DOWN

There were 138 townhome listings in Coquitlam in April 2019, up 10% from March and 134% above April 2018. The 25 townhome sales in April were down by 4 vs March but up by 1 vs April 2018. The sales-to-listings ratio dipped to 18% as Coquitlam’s townhome market transitioned to bal- anced market territory. The townhome benchmark price in April was $662,500, 4% above March but 6% lower than in April 2018. The average sold price was $724,364, with an aver- age PSF sales price of $471 (down 6% but up 11%, respectively, vs March).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 125

% Change

No.

% Change

TOTAL LISTINGS

138

10% -14% -22%

59 24

134%

TOTAL SALES

25

29

4%

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

18%

23%

41%

-55%

$662,500 $638,500 $724,364 $766,552

4% $702,300 -6% $795,900

-6% -9% -4%

$471

$425

11%

$493

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$702,300 $712,300 $690,500 $681,000 $667,900 $656,200 $662,500

138

131

113

100

93

90

59

35

28

26

25

24

19

16

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES TOTAL INVENTORY SL RATIO

SALES TOTAL INVENTORY



SELLER'S MARKET

  



BALANCED



3

4+ bdrms

BUYER'S MARKET

35





14



3 bdrms





79





8



<3 bdrms

. . . . 0 0 0 0 QD     QD QD QD                

24

S-L RATIO SALES INVENTORY

CurrentasofMay3,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The information setoutherein (the “Information”) is intended for informationalpurposesonly.RAR&RMShasnotverified the informationanddoesnot represent,warrantorguarantee theaccuracy,correctnessandcompletenessof the information.RAR&RMSdoesnotassumeany responsibilityor liabilityofanykind inconnectionwith the informationand the recipient’s relianceupon the information.The recipientof the information should take stepsas the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.

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