coquitlam CONDO -MARCH 2023
SALES TO LISTINGSRATIO 56% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 7% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 9% VS 2022
▼ 10% VS 2022
▼ 16% VS 2022
▼ 50% VS 2022
Therewere188 condolistingsin Coquitlam in M arch,6% below Februaryand 16% lowerthan M arch 2022.
M arch condosalesincreased by26% m onth-over-m onth, to106,and were50% below M arch 2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 95% 211 223
% Change
No.
% Change
Thesales-to-listing ratio forcondosin Coquitlam ,at56%, reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
56% 106 188
-10% -40% -50% -16%
$824 $653,336 $616,250 42% 84 201
11% 35% 26% -6%
Thecondom edian pricein M arch was$682,900,a11% increasefrom Februaryand 10% below M arch 2022. Theaveragesold pricewas$699,712,7% abovelast m onth;theaveragePSF salepricewas$848,up 3% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$848 $699,712 $682,900
$908 $769,155 $755,000
3% 7%
-7% -9%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 202 ● MAR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
274
265
288
285
247
268
223
257
219
230
21
188
201
188
120
147
109
125
106
84
75
74
73
72
48
35
$755K $708K
$707K $670K
$683K
$631K $648K $638K $635K $655K $625K $672K
$616K
COQUITLAM
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
70
1
4+ bdrms
60
79%
50
68%
6
40
3 bdrms
27
50%
30
37% 38%
66
20
2 bdrms
100
10
0
33
<$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%
43 34 79%
71 48 68%
49 18 37%
13 5 38%
8 0 n/a
2 0 n/a
61
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