coquitlam
CONDO FEBRUARY
AVERAGE PRICE
AVERAGE PSF PRICE 8 % UP
BENCHMARK PRICE 4 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 67 %
10 % UP
15 % DOWN
57 % UP
The 207 condo listings in Coquitlam in February were 17% below January and 15% lower vs February 2020. Year-over-year condo sales rose 57% in February (to 138) and were up 30% vs January. The sales-to-listings ratio increased to 67%, as Coquitlam’s condo market remained in seller’s market territory. The condo benchmark price in February was $546,300, 2% higher month-over-month and 4% above February 2020. The average sold price was $582,531 in February (1.4% higher vs January) while the average PSF sales price was $716 (unchanged from January).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 249 106 43%
% Change
No. 243
% Change
TOTAL LISTINGS
207 138 67%
-17% 30% 57%
-15% 57% 84%
TOTAL SALES
88
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
36%
$546,300 $533,200 $582,531 $574,407
2% $523,300 1.4% $530,809
4%
10%
$716
$716
0.0%
$665
8%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$523,300 $532,500 $526,300 $529,000 $534,500 $529,900 $546,300
425
390
377
292
280
243
207 138
140
129
106
88
85
42
COQUITLAM REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
7
3+ bdrms
BUYER'S MARKET
30
89
2 bdrms
128
42
<2 bdrms
. . . . 0 0 0 0 QD QD QD
49
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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