coquitlam TOWNHOME - DECEMBER 2 0 2 3
SALES TO LISTINGS RATIO 34% SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▲ 7% VS 2022
MEDIAN PRICE
TOTAL LISTINGS
SALES
▲ 1.9% VS 2022
▲ 10% VS 2022
▲ 59% VS 2022
▲ 71% VS 2022
There were 70 townhome listings in Coquitlam in December, 32% below November and 59% higher than December 2022. December townhome sales decreased by 33% month-over-month, to 24, and were 71% above December 2022. The sales-to-listing ratio for townhomes in Coquitlam, at 34%, reflected a sellers' market. The townhome median price in December was $1,100,500, a 5% decrease from November and 10% above December 2022. The average sold price was $1,024,384, 8% below last month; the average PSF sale price was $670, down 1.8% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL LISTINGS TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
24 70
14 44
7% 1.9% 10% 8% 71% 59%
$682 $1,113,500 $1,164,452 35% 36 103
-1.8% -8% -5% -1.9% -33% -32%
$670 $1,024,384 $1,100,500 34%
$626 $1,005,657 $997,900 32%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● DEC 2022 ● DEC 2023
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
103
112
97
109
86
96
93
56
70
52
50
62
47
44
51
37
36
35
49
34
34
32
24
25
14
5
$1.16M $1.21M
$1.16M $1.10M
$1.14M $1.13M $1.15M $1.20M
$1.10M
$1.06M
$1.05M
$998K
$874K
COQUITLAM
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
35
100%+
6
30
4+ bdrms
16
25
10
20
3 bdrms
45
15
38%
33%
8
10
2 bdrms
17%
9
5
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
S-L RATIO SALES INVENTORY
3 5 167%
13 5 38%
33 11 33%
18 3 17%
2 0 n/a
1 0 n/a
Copyright © 2024 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of January 10, 2024. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 21 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online