the rennie review | November 2023

coquitlam TOWNHOME-OCTOBER 2 0 2 3

SALES TO LISTINGSRATIO 33% SELLERS'M ARKET

▶ MARKETSUMMARY Therewere111 townhom elistingsin Coquitlam in O ctober,1.8% aboveSeptem berand 79% higherthan October2022. O ctobertownhom esalesincreased by16% m onth-over-m onth,to37,and were48% aboveO ctober 2022. Thesales-to-listing ratio fortow nhom esin Coquitlam ,at 33% ,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$1,055,000, a13% decreasefrom Septem berand 6% aboveO ctober 2022. Theaveragesold pricewas$1,056,822,9% below last m onth;theaveragePSF salepricewas$735,up 9% to lastm onth.

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 29% VS 2022

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 8% VS 2022

▲ 6% VS 2022

▲ 79% VS 2022

▲ 48% VS 2022

THISMONTH No. $735 $1,056,822 $1,055,000 33% 37 111

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

25 62

29% 8% 6% -17% 48% 79%

$673 $1,155,241 $1,207,450 29% 32 109

9% -9% -13% 14% 16% 1.8%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$571 $982,200 $999,999 40%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● OCT 2022 ● OCT 2023

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

1

97

109

86

96

93

62

56

62

52

50

62

47

51

35

49

44

37

34

34

25

32

14

25

5

16

$1.16M $1.21M

$1.14M $1.13M $1.15M $1.20M

$1.10M

$1.06M

$1.05M

$1000K $1.02M $998K

$874K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

50

6

4+ bdrms

32

40

23

61%

30

3 bdrms

61

20

30%

28% 29%

7

2 bdrms

18

10

0

1

<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

0 1 n/a

10 3 30%

18 11 61%

50 14 28%

28 8 29%

4 0 n/a

1 0 n/a

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