coquitlam TOWNHOME - JUNE 2 0 2 4
SALES TO LISTINGS RATIO 28% SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▲ 4% VS 2023
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 5% VS 2023
▲ 3% VS 2023
▲ 44% VS 2023
▼ 20% VS 2023
There were 140 townhome listings in Coquitlam in June, 4% above May and 44% higher than June 2023. June townhome sales decreased by 3% month-over-month, to 39, and were 20% below June 2023. The sales-to-listing ratio for townhomes in Coquitlam, at 28%, reflected a sellers' market. The townhome median price in June was $1,226,000, a 11% increase from May and 3% above June 2023. The average sold price was $1,171,519, 6% above last month; the average PSF sale price was $710, down 1.6% to last month.
THIS MONTH No. $710 $1,171,519 $1,226,000 28% 39 140
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
49 97
-45% -20% 44%
$722 $1,103,442 $1,100,000 30% 40 135
-6% -3% 4%
$681 $1,114,030 $1,195,000 51%
-1.6% 6% 11%
4% 5% 3%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● JUN 2023 ● JUN 2024
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
140
120
135
112
109
103
95
97
98
96
93
60
70
70
47
49
40
37
36
39
39
37
34
32
23
23
$1.23M
$1.20M
$1.19M $1.14M $1.19M
$1.16M $1.21M
$1.16M
$1.10M
$1.10M
$1.08M $1.08M
$1.06M
COQUITLAM
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
15
50
4+ bdrms
42
40
19
3 bdrms
30
69
44%
38%
20
25%
5
19%
2 bdrms
13%
28
10
0
<2 bdrms
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
1
S-L RATIO SALES INVENTORY
15 2 13%
18 8 44%
54 10 19%
48 18 38%
4 1 25%
1 0 n/a
Copyright © 2024 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 July 8, 2024. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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. 21 ●
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