coquitlam CONDO -OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 23% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere344 condolistingsin Coquitlam in O ctober, 15% aboveSeptem berand 19% higherthan O ctober 2022. O ctobercondosalesdecreased by5% m onth-over-m onth, to79,and were28% below October2022.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 7% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.9% VS 2022
▲ 6% VS 2022
▲ 19% VS 2022
▼ 28% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 38% 109 288
% Change
No.
% Change
Thesales-to-listing ratio forcondosin Coquitlam ,at23%, reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
$859 $686,524 $670,000 23% 79 344
7% 1.9% 6% -39% -28% 19%
$892 $705,871 $705,000 28% 83 298
-4% -3% -5% -18% -5% 15%
Thecondom edian pricein Octoberwas$670,000,a5% decreasefrom Septem berand 6% aboveO ctober2022. Theaveragesold pricewas$686,524,3% below last m onth;theaveragePSF salepricewas$859,down 4% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$802 $673,874 $635,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2022 ● OCT 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
344
298
288
258
247
219
213
226
225
201
193
188
106 188
130 124
120
109
84
75
102
79
99
83
48
35
$705K $670K
$683K $685K $677K $690K $682K $720K
$635K $655K $625K $672K
$616K
COQUITLAM
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
140
120
4+ bdrms
2
100
6
80
3 bdrms
33
50%
60
34%
40
47
25%
2 bdrms
206
11% 10%
20
0
26
<$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 1 50%
81 20 25%
135 46 34%
91 10 11%
20 2 10%
8 0 n/a
5 0 n/a
2 0 n/a
103
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