the rennie review - April 2021

coquitlam

TOWNHOME  MARCH 

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 11 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO 158 %

MARKET SUMMARY ›

107 % UP

16 % UP

10 % UP

33 % DOWN

There were 55 townhome listings in Coquitlam in March, 14% below February and 33% below March 2020. The 87 townhome sales in March were 38% higher month-over-month and 107% above last year. The sales-to-listings ratio increased to 158% as Coquitlam’s townhome market remained in seller’s market territory. The townhome benchmark price in March was $757,000, 4% above February and 11% higher vs March 2020. The average sold price was $940,447 with an aver- age PSF sales price of $532 (up 3% and down 2%, respectively, vs February).

VS 

VS 

VS 

VS 

VS 

SELLER’S

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

55 87

64 63

-14% 38% 61%

82 42

-33% 107% 209%

TOTAL SALES

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

158%

98%

51%

$757,000 $725,100 $940,447 $910,401

4% $680,700 3% $813,357

11% 16% 10%

$532

$545

-2%

$483

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$757,000

$680,700 $687,300 $693,300 $696,300 $702,000 $711,000

133

129

100

93

87

82

72

62

54

42

33

55

55

36

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

SL RATIO

SALES TOTAL INVENTORY



SELLER'S MARKET

  



BALANCED



29



4+ bdrms

BUYER'S MARKET

13





 



44



3 bdrms



34





14



<3 bdrms

. . . . 0 0 0 0 QD      QD QD                

8

S-L RATIO SALES INVENTORY

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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