coquitlam
DETACHED - OCTOBER 2019
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 8 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
10 % UP
-
20 % DOWN
120 % UP
SELLER’S 22 %
The number of detached listings in Coquitlam fell to 446 in October, 10% below September and 20% lower year-over-year. The 97 detached sales in October represented an increase of 21% from September and a 120% jump vs October of last year. Coquitlam’s sales-to-listings ratio increased to 22% as the detached segment transitioned to seller’s market territory. The benchmark price in October was $1.15M, 0.5% below September and an 8% decrease year-over-year. The average sold price was $1.26M in October, up 6% vs September and 10% above October 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 495
% Change
No. 557
% Change
TOTAL LISTINGS
446
-10% 21% 35%
-20% 120% 175%
TOTAL SALES
97
80
44 8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
22%
16%
$1,151,200 $1,157,100 -0.5% $1,252,200
-8% 10%
$1,262,777 $1,195,331
6% $1,146,798
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.25
$1.21
$1.18
$1.17
$1.16
$1.16
$1.15
2.37
2.23
2.23
586
557
532
532
1.84
1.78
1.77
447
446
386
97
80
78
65
44
39
28
Oct-18
Sep-19
Oct-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD
S-L RATIO SALES INVENTORY
Copyright © 2019 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 November 6, 2019. All data from RealEstateBoard ofGreaterVancouverandFraserValley & 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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