the rennie review - June 2021

coquitlam TOWNHOME-MAY 2021

SALESTO LISTINGSRATIO 74% SELLER'SMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 17% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 10% VS2020

▲ 13% VS2020

▼ 23% VS2020

▲ 73% VS2020

Therewere77townhomelistingsinCoquitlaminMay, 10%aboveApriland23%lowerthanMay2020. Maytownhomesalesdecreasedby15% month-over-month,to57,andwere73%aboveMay 2020. Thesales-to-listingratiofortownhomesinCoquitlam,at 74%,reflectedaseler'smarket. ThetownhomemedianpriceinMaywas$915,000,a6% decreasefromApriland13%aboveMay2020. Theaveragesoldpricewas$921,579,0.5%belowlast month;theaveragePSFsalepricewas$562,down0.1% tolastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

57 77

$480 $835,330 $808,500 33% 33 100

17% 10% 13% 124% 73% -23%

67 70

0.1% -0.5% -6% -23% -15% 10%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$562 $921,579 $915,000 74%

$561 $926,489 $970,000 96%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● MAY 2020 ● MAY 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

130

130

129 129

107

87

86

100

83

70

70

77

64

63

54

67

57

62

61

60

56

55

45

43

33

36

$981K

$970K

$926K

$915K

$867K

$852K

$839K

$838K

$840K

$846K

$840K

$829K

$809K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELER'SMARKET 21%+

BALANCED 12-20%

BUYER'SMARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

17

100%+

25

95%

4+bdrms

19

20

75%

29

63%

3bdrms

15

39

10

29%

11

2bdrms

5

19

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

1 0 n/a

7 2 29%

20 15 75%

21 20 95%

27 17 63%

1 3 300%

Copyright©June7,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJune7,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 21 ●

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