the rennie review - January 2022

coquitlam TOWNHOME-DECEMBER 2021

SALESTO LISTINGSRATIO 267% SELLERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 24% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 32% VS2020

▲ 38% VS2020

▼ 86% VS2020

▼ 61% VS2020

Therewere9townhomelistingsinCoquitlamin December,65%belowNovemberand86%lowerthan December2020. Decembertownhomesalesdecreasedby40% month-over-month,to24,andwere61%below December2020. Thesales-to-listingratiofortownhomesinCoquitlam,at 267%,reflectedaselers'market. ThetownhomemedianpriceinDecemberwas $1,156,012,a10%increasefromNovemberand38% aboveDecember2020. Theaveragesoldpricewas$1,070,138,4%abovelast month;theaveragePSFsalepricewas$640,down2%to lastmonth.

THISMONTH No. $640 $1,070,138 $1,156,012 267% 24 9

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

61 64

180% -61% -86%

40 26

-2% 4% 10% 73% -40% -65%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$516 $807,957 $839,900 95%

$655 $1,026,742 $1,049,950 154%

24% 32% 38%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● DEC 2020 ● DEC 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

86

77

73

70

70

64

63

64

67

61

50

50

60

57

55

44

40

43 43

31

26

36

34

24

23

9

$1.16M

$1.05M

$981K

$982K

$980K

$970K

$926K

$915K

$905K

$900K

$867K

$860K

$840K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

7

100%+

100%+ 100%+

8

4+bdrms

3

6

12

3bdrms

5

4

5

2bdrms

2

1

0

<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+

<2bdrms

S-LRATIO SALES INVENTORY

0 1 n/a

2 5 250%

0 2 n/a

4 9 225%

3 7 233%

Copyright©January10,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJanuary10,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 21 ●

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