CONDO JULY coquitlam
AVERAGE PRICE
AVERAGE PSF PRICE 7 % UP
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 32 %
4 % UP
11 % DOWN
25 % UP
The 357 condo listings in Coquitlam in July were down 3% from June and 11% lower vs July 2019. Year-over-year condo sales increased 25% in July (to 116) and were up 36% vs June. The sales-to-listings ratio increased to 32%, as Coquitlam’s condo market remained in seller’s market territory. The condo benchmark price in July was $529,000, 0.5% higher month-over-month and 2% above July 2019. The average sold price was $559,222 in July (5% higher vs June) while the average PSF sales price was $674 (a 3% decrease vs June).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 368
% Change
No. 402
% Change
TOTAL LISTINGS
357 116 32%
-3% 36% 41%
-11% 25% 40%
TOTAL SALES
85
93
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
23%
23%
$529,000 $526,300 $559,222 $530,324
0.5% $516,400 5% $537,129
2% 4% 7%
$674
$696
-3%
$628
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$516,400 $518,200 $518,200 $521,900 $528,800 $534,300 $529,000
402
367
357
325
289
272
184
116
93
87
79
77
71
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
2
3+ bdrms
BUYER'S MARKET
33
79
2 bdrms
214
35
<2 bdrms
. . . . 0 0 0 0 QD QD QD
110
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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