coquitlam DETACHED -FEBRUARY 2023
SALES TO LISTINGSRATIO 21% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere160 detached listingsin Coquitlam in February,4% below Januaryand 17% lowerthan February2022. February detached hom esalesincreased by 62% m onth-over-m onth,to34,and were57% below February 2022. Thesales-to-listing ratio fordetached in Coquitlam ,at 21% ,reflected aselers'm arket. Thedetachedm edian pricein Februarywas$1,659,542, a12% increasefrom Januaryand 11% below February 2022. Theaveragesold pricewas$1,664,988,8% abovelast m onth and down 16% toFebruary2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 16% VS 2022
▼ 11% VS 2022
▼ 17% VS 2022
▼ 57% VS 2022
THISMONTH No. $1,664,988 $1,659,542 21% 34 160
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change -16% -11% -48% -57% -17%
No.
% Change
TOTALLISTINGS TOTALSALES
$1,970,619 $1,860,000 41% 79 192
$1,546,238 $1,485,000 13% 21 167
8% 12% 69% 62% -4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
246
230
256
224
252
230
1.70
224
224
1.70
1.70
192
1.58
200
1.55
178
160
167
120
1.30
89
56
79
49
68
32
52
21
49
34
47
37
$1.86M $1.90M $1.84M
$1.79M $1.70M $1.67M
$1.66M
$1.59M $1.72M
$1.50M $1.55M $1.52M $1.49M
Feb-22
Jan-23
Feb-23
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
60
100%
100%+
50
40
30
20
33%
27%
21%
10
3%
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
1 0 n/a
1 1 100%
4 5 125%
18 6 33%
56 15 27%
28 6 21%
29 1 3%
23 0 n/a
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