coquitlam
TOWNHOME FEBRUARY
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 8 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO 103 %
MARKET SUMMARY ›
12 % UP
16 % UP
6 % DOWN
75 % UP
There were 61 townhome listings in Coquitlam in February, 13% below January and 6% below February 2020. The 63 townhome sales in February were 75% higher month-over-month and year-over-year. The sales-to-listings ratio increased to 103% as Coquitlam’s townhome market remained in seller’s market territory. The townhome benchmark price in February was $725,100, 2% above January and 8% higher vs February 2020. The average sold price was $910,401 with an average PSF sales price of $545 (up 7% and 2%, respectively, vs January).
VS
VS
VS
VS
VS
SELLER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
61 63
70 36
-13% 75% 101%
65 36
-6% 75% 86% 12% 16% 8%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
103%
51%
55%
$725,100 $711,000 $910,401 $852,983
2% $672,600 7% $816,183
$545
$533
2%
$471
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$708,000 $725,100
$672,600 $676,900 $693,800 $688,900 $699,800
127
126
108
83
66
65 36
63
83
43
45
60
61
16
COQUITLAM REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
22
4+ bdrms
BUYER'S MARKET
20
34
3 bdrms
31
7
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
10
S-L RATIO SALES INVENTORY
Copyright © 2021 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 March 3, 2021. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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