coquitlam
CONDO MARCH
AVERAGE PRICE
AVERAGE PSF PRICE 7 % UP
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
137 % UP
SELLER’S 95 %
9 % UP
28 % DOWN
The 197 condo listings in Coquitlam in March were 11% below February and 28% lower vs March 2020. Year-over-year condo sales rose 137% in March (to 187) and were up 36% vs February. The sales-to-listings ratio increased to 95%, as Coquitlam’s condo market remained in seller’s market territory. The condo benchmark price in March was $560,700, 3% higher month-over-month and 6% above March 2020. The average sold price was $579,949 in March (0.4% lower vs February) while the average PSF sales price was $719 (0.4% higher vs February).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 222 138 62%
% Change
No. 272
% Change
TOTAL LISTINGS
197 187 95%
-11% 36% 53%
-28% 137% 227%
TOTAL SALES
79
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
29%
$560,700 $546,300 $579,949 $582,531
3% $528,800 -0.4% $532,279
6% 9% 7%
$719
$716
0.4%
$673
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$560,700
$528,800 $534,300 $529,000 $531,700 $531,400 $533,200
407
403
376
325
272
259
197
116
109
108
187
106
79
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
12
3+ bdrms
BUYER'S MARKET
29
110
2 bdrms
126
65
<2 bdrms
. . . . 0 0 0 0 QD QD
42
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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