the rennie review - May 2021

coquitlam TOWNHOME-APRIL 2021

SALESTO LISTINGSRATIO 96% SELLER'SMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 18% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 13% VS2020

▲ 19% VS2020

▼ 9% VS2020

▲ 319% VS2020

Therewere70townhomelistingsinCoquitlaminApril, 27%aboveMarchand9%lowerthanApril2020. Apriltownhomesalesdecreasedby22% month-over-month,to67,andwere319%aboveApril 2020. Thesales-to-listingratiofortownhomesinCoquitlam,at 96%,reflectedaseler'smarket. ThetownhomemedianpriceinAprilwas$970,000,a 1.1%decreasefromMarchand19%aboveApril2020. Theaveragesoldpricewas$926,489,1.3%belowlast month;theaveragePSFsalepricewas$561,down7%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

67 70

16 77

361% 319% -9%

86 55

7% -1.3% -1.1% -39% -22% 27%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$561 $926,489 $970,000 96%

$475 $822,406 $814,000 21%

$523 $938,615 $981,250 156%

18% 13% 19%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● APR 2020 ● APR 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

130

130

129 129

107

87

86

100

83

70

64

63

70

77

54

67

62

61

60

56

55

33

45

43

36

16

$981K

$970K

$926K

$867K

$852K

$839K

$838K

$840K

$846K

$840K

$829K

$814K

$809K

COQUITLAM

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELER'SMARKET 21%+

BALANCED 12-20%

BUYER'SMARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

30

16

100%+

100%+

4+bdrms

92%

25

90%

22

20

41

3bdrms

15

38

33%

10

9

2bdrms

10

5

0

1

<$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

3 4 133%

13 12 92%

22 24 109%

29 26 90%

3 1 33%

Copyright©May1,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay1,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 21 ●

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