the rennie review - January 2023

coquitlam TOWNHOME-DECEMBER 202

SALESTO LISTINGSRATIO 32% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▼ 2% VS2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 6% VS2021

▼ 14% VS2021

▲ 389% VS2021

▼ 42% VS2021

Therewere44 townhom elistingsin Coquitlam in D ecem ber,28% below N ovem berand 389% higherthan D ecem ber2021. D ecem bertownhom esalesdecreased by13% m onth-over-m onth,to14,and were42% below D ecem ber2021. Thesales-to-listing ratio fortow nhom esin Coquitlam ,at 32% ,reflected aselers'm arket. Thetownhom em edian pricein D ecem berwas$997,900, a3% decreasefrom N ovem berand 14% below D ecem ber 2021. Theaveragesold pricewas$1,005,657,6% below last m onth;theaveragePSF salepricewas$626,up 2% to lastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

14 44

$640 $1,070,138 $1,156,012 267% 24 9

-14% -88% -42% 389%

16 62

2% -6% -3% 23% -13% -29%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$626 $1,005,657 $997,900 32%

$612 $1,072,744 $1,025,000 26%

-2% -6%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● DEC 2021 ● DEC 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

83

82

69

68

75

64

62

66 46

62

36

44

44

32

25

35

30

24

16

21

14

19

16

9

14

14

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

$1.16M

$1.02M $1.07M

$999K $960K

$991K $1000K $1.02M $998K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

1

100%+

15

4+bdrms

11

10

11

3bdrms

21

31%

5

27%

2

22%

2bdrms

12

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

2 3 150%

16 5 31%

15 4 27%

9 2 22%

2 0 n/a

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