the rennie review - November 2019

coquitlam

TOWNHOME - OCTOBER 2019

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 5 % DOWN

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

SELLER’S 49 %

0.4 % UP

1.7 % DOWN

20 % DOWN

88 % UP

There were 101 townhome listings in Coquitlam in October 2019, 26% below September and 20% lower vs October 2018. The 49 townhome sales in October were up by 9 vs September 2019 and 23 above October 2018. The sales-to-listings ratio jumped to 49% as Coquitlam’s townhome market remained in seller’s market territory. The townhome benchmark price in October was $648,600, relatively unchanged from September and 5% lower vs October 2018. The average sold price was $743,541, with an average PSF sales price of $471 (2% below and 1.5% above, respectively, vs September).

VS 2018

VS 2018

VS 2018

VS 2018

VS 2018

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 137

% Change

No. 127

% Change

TOTAL LISTINGS

101

-26% 23% 66%

-20% 88% 137% 0.4% -1.7% -5%

TOTAL SALES

49

40

26

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

49%

29%

20%

$648,600 $651,300 $743,541 $759,393

-0.4% $681,000 -2% $740,277

$471

$464

1.5%

$479

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$681,000 $667,900 $656,200 $662,500 $657,300 $651,800 $648,600

164

144

143

127

101

96

86

49

34

29

28

26

25

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

16



4+ bdrms

BUYER'S MARKET

32











24

3 bdrms



51





9



<3 bdrms

. . . . 0 0 0 0 QD     QD QD QD                

18

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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