the rennie review - October 2020

coquitlam

DETACHED  SEPTEMBER 

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

17 % UP

-

7 % UP

33 % DOWN

59 % UP

SELLER’S 37 %

The number of detached listings in Coquitlam decreased to 339 in September, 4% below August and 33% lower year-over-year. The 127 detached sales in September represented an increase of 49% from August and were 59% higher vs September of last year. Coquitlam’s sales-to-listings ratio jumped to 37% as the detached segment remained in seller’s market territory. The benchmark price in September was $1.24M, 0.9% higher vs last month and a 7% increase year-over-year. The average sold price was $1.39M in September, up 5% vs last month and 17% higher vs last year.

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 354

% Change

No. 504

% Change

TOTAL LISTINGS

339 127 37%

-4% 49% 56%

-33% 59% 136%

TOTAL SALES

85

80

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

24%

16%

$1,240,900 $1,229,600 0.9% $1,157,100

7%

$1,394,444 $1,327,036

5% $1,195,331

17%

-

-

-

-

-

RATIO OF BENCHMARK PRICES ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

MILLIONS

$1.24

$1.23

$1.22

$1.19

$1.17

$1.16

$1.15

1.78

1.78

1.78

504

1.31

1.30

1.26

410

341

337

340

339

315

127

111

89

80

75

49

39

Sep-19

Aug-20

Sep-20

TOTAL LISTINGS & SALES BY PRICE RANGE ›

SALES

TOTAL INVENTORY

SL RATIO

  



  

SELLER'S MARKET

BALANCED



BUYER'S MARKET

    









. . . 0 0 0 0 0  QD      QD                

S-L RATIO SALES INVENTORY

Copyright © 2020 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 October 5, 2020. 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.

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