coquitlam TOWNHOME - NOVEMBER 2 0 2 3
SALES TO LISTINGS RATIO 35% SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▲ 11% VS 2022
MEDIAN PRICE
TOTAL LISTINGS
SALES
▲ 4% VS 2022
▲ 14% VS 2022
▲ 66% VS 2022
▲ 125% VS 2022
There were 103 townhome listings in Coquitlam in November, 8% below October and 66% higher than November 2022. November townhome sales decreased by 3% month-over-month, to 36, and were 125% above November 2022. The sales-to-listing ratio for townhomes in Coquitlam, at 35%, reflected a sellers' market. The townhome median price in November was $1,164,452, a 10% increase from October and 14% above November 2022. The average sold price was $1,113,500, 5% above last month; the average PSF sale price was $682, down 7% to last month.
THIS MONTH No. $682 $1,113,500 $1,164,452 35% 36 103
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL LISTINGS TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
16 62
14% 35% 125% 66%
$735 $1,056,822 $1,055,000 33% 37 112
-7% 5% 10% 6% -3% -8%
$612 $1,072,744 $1,025,000 26%
11% 4%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● NOV 2022 ● NOV 2023
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
112
97
103
109
86
96
93
62
56
52
50
62
47
51
37
35
49
44
36
34
34
32
14
25
16
5
$1.16M $1.21M
$1.16M
$1.14M $1.13M $1.15M $1.20M
$1.10M
$1.06M
$1.05M
$1.02M
$998K
$874K
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
50
16
4+ bdrms
40
23
30
12
3 bdrms
61
48%
20
37%
33%
30%
8
2 bdrms
10
19
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
S-L RATIO SALES INVENTORY
12 4 33%
19 7 37%
46 14 30%
23 11 48%
2 0 n/a
1 0 n/a
Copyright © 2023 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 December 11, 2023. 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. 21 ●
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