coquitlam
CONDO - DECEMBER 2019
AVERAGE PRICE
AVERAGE PSF PRICE 3 % UP
BENCHMARK PRICE 1.8 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 66 %
12 % UP
42 % DOWN
142 % UP
The 157 condo listings in Coquitlam in December were down 43% from November and 42% lower vs December 2018. Year-over-year condo sales rose by 142% in December (to 104) and were 35% above November. The sales-to-listings ratio increased to 66%, as Coquitlam’s condo market remained in seller’s market territory. The condo benchmark price in December was $528,100, 1.9% above November and a 1.8% increase vs December 2018. The average sold price was $562,437 in December (up 4% vs November) while the average PSF sales price was $659 (relatively unchanged vs November).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 275
% Change
No. 271
% Change
TOTAL LISTINGS
157 104 66%
-43% 35% 137%
-42% 142% 317% 1.8%
TOTAL SALES
77
43
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
28%
16%
$528,100 $518,200 $562,437 $539,184
1.9% $519,000 4% $504,382 -0.3% $641
12%
$659
$661
3%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$519,000 $523,300 $511,500 $514,600 $524,300 $517,000 $528,100
413
399
384
330
279
271
157
103
82
64
64
61
43
104
COQUITLAM REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
7
3+ bdrms
BUYER'S MARKET
15
63
2 bdrms
98
34
<2 bdrms
. . . . 0 0 0 0 QD QD
44
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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