coquitlam
CONDO NOVEMBER
AVERAGE PRICE
AVERAGE PSF PRICE 6 % UP
BENCHMARK PRICE 3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 29 %
0.1 % DOWN
30 % UP
40 % UP
The 375 condo listings in Coquitlam in November were 9% below October but 30% higher vs November 2019. Year-over-year condo sales increased 40% in November (to 108) but were down 16% vs October. The sales-to-listings ratio decreased to 29%, as Coquitlam’s condo market remained in seller’s market territory. The condo benchmark price in November was $531,400, 0.6% lower month-over-month but 3% above November 2019. The average sold price was $538,770 in November (1.6% lower vs October) while the average PSF sales price was $698 (a 7% increase vs October).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 411 129 31%
% Change
No. 289
% Change
TOTAL LISTINGS
375 108 29%
-9%
30% 40%
TOTAL SALES
-16%
77
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
-8%
27%
8% 3%
$531,400 $534,500 $538,770 $547,634
-0.6% $518,200 -1.6% $539,171
-0.1%
$698
$655
7%
$661
6%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$518,200 $521,900 $528,800 $534,300 $529,000 $531,700 $531,400
407
375
376
325
289
272
184
116
109
108
79
77
71
49
COQUITLAM REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
2
3+ bdrms
BUYER'S MARKET
35
66
2 bdrms
241
40
<2 bdrms
. . . . 0 0 0 0 QD QD QD QD
99
S-L RATIO SALES INVENTORY
Copyright © 2020 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 December 3, 2020. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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