coquitlam
DETACHED MARCH
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 19 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
2 % UP
-
34 % DOWN
56 % UP
SELLER’S 23 %
The number of detached listings in Coquitlam increased to 322 in March, 7% above February but 34% lower year-over-year. The 75 detached sales in March represented an increase of 12% from February and a 56% jump vs March of last year. Coquitlam’s sales-to-listings ratio slightly increased to 23% as the detached segment remained in seller’s market territory. The benchmark price in March was $1.19M, increasing 1.4% from February and a 2% increase year-over-year. The average sold price was $1.34M in March, up 5% vs February and a 19% increase vs March 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 302
% Change
No. 488
% Change
TOTAL LISTINGS
322
7%
-34% 56% 137%
TOTAL SALES
75
67
12%
48
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
23%
22%
5%
10%
$1,190,000 $1,173,300 1.4% $1,161,600
2%
$1,336,960 $1,278,758
5% $1,119,560
19%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.19
$1.17
$1.17
$1.16
$1.16
$1.16
$1.15
1.82
1.75
1.75
572
568
504
488
409
1.25
1.25
1.22
322
314
89
86
80
75
71
48
39
Mar-19
Feb-20
Mar-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD
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 April 3, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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