the rennie review - April 2021

coquitlam

DETACHED  MARCH 

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 20 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

140 % UP

19 % UP

-

13 % DOWN

SELLER’S 62 %

The number of detached listings in Coquitlam increased to 292 in March, 25% above February but 13% lower year-over-year. The 180 detached sales in March represented an increase of 71% from February and were 140% higher vs March of last year. Coquitlam’s sales-to-listings ratio increased to 62% as the detached segment remained in seller’s market territory. The benchmark price in March was $1.43M, 5% higher vs last month and a 20% increase year-over-year. The average sold price was $1.59M in March, down 1.3% vs last month but 19% higher vs last year.

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 234 105 45%

% Change

No. 337

% Change

TOTAL LISTINGS

292 180 62%

25% 71% 37%

-13% 140% 177%

TOTAL SALES

75

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

22%

$1,433,800 $1,363,000

5% $1,193,100

20% 19%

$1,587,637 $1,608,240 -1.3% $1,336,960

-

-

-

-

-

RATIO OF BENCHMARK PRICES ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

MILLIONS

$1.43

$1.32

$1.27

$1.24

1.89

$1.23

1.88

$1.22

$1.19

1.75

359

342

342

337

1.35

1.33

316

1.29

292

203

180

127

110

92

77

75

49

Mar-20

Feb-21

Mar-21

TOTAL LISTINGS & SALES BY PRICE RANGE ›

SALES

TOTAL INVENTORY

SL RATIO

            . . . 0 0 0 0 0                         S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET          

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 April 6, 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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