the rennie review - August 2022

coquitlam TOWNHOME-JULY 202

SALES TO LISTINGSRATIO 23% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 14% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 21% VS 2021

▲ 19% VS 2021

▲ 30% VS 2021

▼ 56% VS 2021

Therewere83 townhom elistingsin Coquitlam in July, 1.2% aboveJuneand 30% higherthan July2021. Julytownhom esalesdecreased by10% m onth-over-m onth,to19,and were56% below July 2021. Thesales-to-listing ratio fortow nhom esin Coquitlam ,at 23% ,reflected aselers'm arket. Thetownhom em edian pricein Julywas$1,020,000,a 6% increasefrom Juneand 19% aboveJuly2021. Theaveragesold pricewas$1,037,768,4% abovelast m onth;theaveragePSF salepricewas$658,down 2% to lastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

19 83

43 64

14% 21% 19% -66% -56% 30%

21 82

-11% -10% 1.2%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$658 $1,037,768 $1,020,000 23%

$578 $860,565 $860,000 67%

$673 $994,664 $960,000 26%

-2% 4% 6%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUL 2021 ● JUL 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

83

82

68

64

64

66 46

50

44

40

43

36

44

43

31

26

35

34

30

16

24

19

23

21

14

9

$1.24M $1.20M $1.17M $1.19M

$1.16M

$999K $960K $1.02M

$982K $980K $1.05M

$860K $900K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

25

3

4+ bdrms

23

20

11

15

3 bdrms

38

47%

10

35%

33%

5

2 bdrms

5

21

8%

4%

0

<$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

12 1 8%

15 7 47%

26 9 35%

25 1 4%

3 1 33%

1

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