the rennie review - August 2020

coquitlam

TOWNHOME  JULY 

AVERAGE PRICE

AVERAGE PSF PRICE 5 % UP

BENCHMARK PRICE 6 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

SELLER’S 43 %

9 % UP

20 % DOWN

10 % UP

There were 127 townhome listings in Coquitlam in July, 0.8% above June but 20% lower vs July 2019. The 54 townhome sales in July were a 26% increase month-over-month and 10% higher year-over-year. The sales-to-listings ratio increased to 43% as Coquitlam’s townhome market remained in seller’s market territory. The townhome benchmark price in July was $693,300, 0.1% below June but 6% higher vs July 2019. The average sold price was $817,140 with an average PSF sales price of $489 (2% and 0.2% lower, respec- tively, vs June).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 126

% Change

No. 159

% Change

TOTAL LISTINGS

127

0.8% 26% 25%

-20% 10% 38%

TOTAL SALES

54

43

49

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

43%

34%

31%

$693,300 $693,800 $817,140 $837,993

-0.1% $653,200 -2% $747,806 -0.2% $467

6% 9% 5%

$489

$490

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$693,300

$653,200 $651,300 $644,200 $665,200 $680,700 $687,300

159

141

127

100

97

82

63 28

54

49

40

42

33

33

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

SL RATIO

SALES TOTAL INVENTORY



SELLER'S MARKET

  



BALANCED



21

4+ bdrms

BUYER'S MARKET

57





22

 

3 bdrms



45





11



<3 bdrms

. . . . 0 0 0 0 QD     QD QD QD                

25

S-L RATIO SALES INVENTORY

Copyright © 2020 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 August 7, 2020. 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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