coquitlam
CONDO SEPTEMBER
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 28 %
7 % UP
13 % UP
4 % UP
25 % UP
The 383 condo listings in Coquitlam in September were up 1.3% from August and 4% higher vs September 2019. Year-over-year condo sales increased 25% in September (to 109) and were up 3% vs August. The sales-to-listings ratio was unchanged at 28%, as Coquitlam’s condo market remained in seller’s market territory. The condo benchmark price in September was $531,700, 0.5% higher month-over-month and 3% above September 2019. The average sold price was $574,642 in September (7% higher vs August) while the average PSF sales price was $704 (an 8% increase vs August).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 378 106 28%
% Change
No. 367
% Change
TOTAL LISTINGS
383 109 28%
1.3%
4%
TOTAL SALES
3%
87
25% 20%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
1.5%
24%
$531,700 $529,000 $574,642 $534,858
0.5% $518,200 7% $537,872
3% 7%
$704
$650
8%
$621
13%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$518,200 $518,200 $521,900 $528,800 $534,300 $529,000 $531,700
383
376
367
325
289
272
184
109
116
87
79
77
71
49
COQUITLAM REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
8
3+ bdrms
BUYER'S MARKET
25
60
2 bdrms
248
41
<2 bdrms
. . . . 0 0 0 0 QD QD QD QD
110
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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