the rennie review - August 2019

coquitlam

TOWNHOME - JULY 2019

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 8 % DOWN

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

29 % UP

69 % UP

SELLER’S 34 %

2 % DOWN

4 % DOWN

There were 145 townhome listings in Coquitlam in July 2019, 8% below June but 29% above July 2018. The 49 townhome sales in July were up by 20 vs June 2019 and July 2018. The sales-to-listings ratio increased to 34% as Coquitlam’s townhome market transitioned to sell- er’s market territory. The townhome benchmark price in July was $653,200, 0.6% below June and 8% lower vs July 2018. The average sold price was $747,806, with an aver- age PSF sales price of $467 (down 3% and virtually unchanged, respectively, vs June).

VS 2018

VS 2018

VS 2018

VS 2018

VS 2018

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 157

% Change

No. 112

% Change

TOTAL LISTINGS

145

-8% 69% 83%

29% 69% 31% -8% -4% -2%

TOTAL SALES

49

29

29

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

34%

18%

26%

$653,200 $657,300 $747,806 $770,207

-0.6% $711,000 -3% $779,458 -0.4% $477

$467

$469

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$711,000 $686,200 $670,400 $672,300 $638,500 $671,500 $653,200

156

145

126

123

118

112

92

49

32

29

29

24

22

13

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES TOTAL INVENTORY S-L RATIO

SALES TOTAL INVENTORY



SELLER'S MARKET

  





BALANCED

19

4+ bdrms

BUYER'S MARKET





42





21



3 bdrms

78







9



<3 bdrms

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

25

S-L RATIO SALES INVENTORY

CurrentasofAugust7,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The informationsetoutherein (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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.

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