rennie review - January 2020

coquitlam

TOWNHOME - DECEMBER 2019

AVERAGE PRICE

AVERAGE PSF PRICE 3 % UP

BENCHMARK PRICE

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

SELLER’S 54 %

14 % UP

0.7 % DOWN

31 % DOWN

100 % UP

There were 59 townhome listings in Coquitlam in December 2019, 39% below November and 31% lower vs December 2018. The 32 townhome sales in December were down by 1 vs November 2019 but 16 above December 2018. The sales-to-listings ratio rose to 54% as Coquitlam’s townhome market remained in seller’s market territory. The townhome benchmark price in December was $663,000, 3% above November but 0.7% lower vs December 2018. The average sold price was $802,662, with an aver- age PSF sales price of $483 (7% and 0.6% higher, respectively, vs November).

VS 2018

VS 2018

VS 2018

VS 2018

VS 2018

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

59 32

96 33

-39% -3% 58%

86 16

-31% 100% 192% -0.7%

TOTAL SALES

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

54%

34%

19%

$663,000 $644,200 $802,662 $747,182

3% $667,900 7% $702,319

14%

$483

$480

0.6%

$468

3%

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$667,900 $656,200 $662,500 $657,300 $651,800 $648,600 $663,000

164

144

143

106

96

86

59

49

34

29

28

25

16

32

COQUITLAM REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES TOTAL INVENTORY S-L RATIO

SALES TOTAL INVENTORY



SELLER'S MARKET

  





BALANCED

13





4+ bdrms

BUYER'S MARKET



23



14





3 bdrms

28





5



<3 bdrms

. . . . 0 0 0 0 QD     QD QD QD                

8

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 January 6, 2020. All data from RealEstateBoardof 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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