the rennie review - September 2022

coquitlam DETACHED -AUGUST 202

SALES TO LISTINGSRATIO 21% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 4% VS 2021

▲ 2% VS 2021

▲ 14% VS 2021

▼ 51% VS 2021

Therewere230 detached listingsin Coquitlam in August, -7% below Julyand 14% higherthan August2021. Augustdetached hom esalesrem ained thesam e m onth-over-m onth,at49,and were51% below August 2021. Thesales-to-listing ratio fordetached in Coquitlam ,at 21% ,reflected aselers'm arket.

THISMONTH No. $1,670,615 $1,585,000 21% 49 230

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

$1,610,311 $1,550,000 49% 99 201

-57% -51% 14%

$1,756,194 $1,670,000 20% 49 246

-5% -5% 7% 0% -7%

Thedetachedm edian pricein Augustwas$1,585,000,a 5% decreasefrom Julyand 2% aboveAugust2021.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE

Theaveragesold pricewas$1,670,615,5% below last m onth and up 4% toAugust2021.

4% 2%

▶ RATIO OFMEDIAN PRICES

▶ RECENTTRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

246

256

224

252

230

1.72

224

192

201

1.641.62 1.66 1.48

200

152

1.48

169

120

135

101

92

18

99

89

79

49

74

68

67

49

48

47

$1.93M $1.86M $1.90M $1.84M $1.79M

$1.70M $1.67M $1.59M

$1.57M $1.63M $1.72M $1.70M

$1.55M

Aug.-21

Jul.-22

Aug.-22

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-L RATIO

70

100%+

60

50

40

50%

30

34%

28%

20

17%

11%

10

0

<$600K

$600-799K

$800-999K

$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M

$2.0M -2.49M

$2.5M -2.99M

$3M+

S-L RATIO SALES INVENTORY

2 1 50%

3 0 n/a

6 7 117%

32 11 34%

72 20 28%

46 5 11%

30 5 17%

39 0 n/a

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