coquitlam CONDO-APRIL 2021
SALESTO LISTINGSRATIO 73% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 15% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 16% VS2020
▲ 15% VS2020
▼ 23% VS2020
▲ 267% VS2020
Therewere211condolistingsinCoquitlaminApril,5% aboveMarchand23%lowerthanApril2020.
Aprilcondosalesdecreasedby17%month-over-month, to154,andwere267%aboveApril2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 92% 185 201
%Change
Thesales-to-listingratioforcondosinCoquitlam,at73%, reflectedaseler'smarket.
TOTALLISTINGS TOTALSALES
73% 154 211
$638 $525,255 $520,500 15% 42 274
376% 267% -23%
-21% -17% 5%
ThecondomedianpriceinAprilwas$600,000,a8% increasefromMarchand15%aboveApril2020. Theaveragesoldpricewas$609,259,5%abovelast month;theaveragePSFsalepricewas$732,up2%to lastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$732 $609,259 $600,000
$717 $579,705 $555,000
2% 5% 8%
15% 16% 15%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2020 ● APR 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
370
367
398
387
364
363
307
274
234
266
201
21
203
139
185
130
154
15
138
85
108
106
107
105
42
49
$600K
$567K
$560K
$555K
$538K
$536K
$533K
$521K
$521K
$518K
$515K
$510K
$500K
COQUITLAM
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
80
4+bdrms
2
82% 84%
60
70%
10
3bdrms
55%
24
40
97
20
2bdrms
14%
135
0
47
<$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
10 7 70%
84 69 82%
79 66 84%
20 11 55%
8 0 n/a
3 0 n/a
7 1 14%
50
Copyright©May1,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay1,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 22 ●
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