the rennie review - June 2021

coquitlam DETACHED-MAY 2021

SALESTO LISTINGSRATIO 43% SELLER'SMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 33% VS2020

▲ 24% VS2020

▲ 13% VS2020

▲ 214% VS2020

Therewere355detachedlistingsinCoquitlaminMay, 0nochangetoApriland13%higherthanMay2020. Maydetachedhomesalesincreasedby22% month-over-month,to154,andwere214%aboveMay 2020. Thesales-to-listingratiofordetachedinCoquitlam,at 43%,reflectedaseler'smarket.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No. 35% 126 355

%Change

TOTALLISTINGS TOTALSALES

43% 154 355

$1,171,574 $1,210,000 16% 49 313

177% 214% 13%

-6% -9% 22% 22% 0%

ThedetachedmedianpriceinMaywas$1,499,500,a9% decreasefromApriland24%aboveMay2020.

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE

Theaveragesoldpricewas$1,561,756,6%belowlast monthanddown33%toMay2020.

$1,664,733 $1,654,000

$1,561,756 $1,499,500

33% 24%

▶ RATIOOFMEDIANPRICES

▶ RECENTTRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTALINVENTORY ● MEDIANPRICE

355

329

321

320

355

313

285

276

309

1.71

289

1.64

1.62

1.62

1.50

1.50

181

215

193

184

154

129

127

10

103

126

104

93

85

79

77

49

$1.65M

$1.56M $1.55M

$1.50M

$1.50M

$1.41M

$1.38M

$1.36M

$1.30M

$1.30M

$1.29M

$1.24M

$1.21M

May-20

Apr-21

May-21

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELER'SMARKET 21%+

BALANCED 12-20%

BUYER'SMARKET <12%

● SALES ● TOTALINVENTORY ● S-LRATIO

100

100%

80

60%

60

53%

51%

50%

50%

38%

40

20

10%

9%

0

<$600K

$600-799K

$800-999K

$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M

$2.0M-2.49M

$2.5M-2.99M

$3M+

S-LRATIO SALES INVENTORY

4 4 100%

2 1 50%

6 3 50%

30 16 53%

88 53 60%

105 54 51%

39 15 38%

48 5 10%

33 3 9%

Copyright©June7,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJune7,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.

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