coquitlam CONDO -FEBRUARY 2023
SALES TO LISTINGSRATIO 42% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 5% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 8% VS 2022
▼ 13% VS 2022
▲ 31% VS 2022
▼ 41% VS 2022
Therewere201 condolistingsin Coquitlam in February, 8% below Januaryand 31% higherthan February2022. February condo salesincreased by 75% m onth-over-m onth,to84,and were41% below February 2022. Thesales-to-listing ratio forcondosin Coquitlam ,at42%, reflected aselers'm arket. Thecondom edian pricein Februarywas$616,250,a8% decreasefrom Januaryand 13% below February2022. Theaveragesold pricewas$653,336,6% below last m onth;theaveragePSF salepricewas$824,down 2% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 93% 143 154
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$824 $653,336 $616,250 42% 84 201
-13% -55% -41% 31%
$842 $695,648 $671,500 22% 48 219
-2% -6% -8% 91% 75% -8%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$868 $712,628 $707,000
-5% -8%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 202 ● FEB 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
274
265
285 288
247
268
223
257
219
230
201
21
188
154
120
147
109
143
125
75
74
84
74
72
48
36
$755K
$708K $707K
$707K
$672K
$670K $631K $648K $638K $635K $655K $623K
$616K
COQUITLAM
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
80
70
4+ bdrms
1
60
50
5
63%
3 bdrms
40
25
48%
30
50
24%
20
2 bdrms
18%
111
10
0
29
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
2 0 n/a
56 35 63%
75 36 48%
45 11 24%
11 2 18%
8 0 n/a
3 0 n/a
1 0 n/a
64
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