Coquitlam Sales June 2022 vs 2021- Decreasing Sales & Prices

Benchmark prices are up across the board, between 15.4-19.8% over thier 2021 counterparts. 

Detached Market: 
The June benchmark for detached homes was $283,200 higher than its 2021 counterpart.

June marks the second consecutive month (& 2nd time in just over two years) that detached home's benchmark pricing has dropped.
It decreased a substantial $76,700 in the last 30-days.


April: $1,961,800
May: $1,950,800
June: $1,874,100

Supply:

In June detached homes saw 9 less listings than May 2022, and a 22.3% decrease over the same time last year.
Condos saw 31 fewer listings than May 2022, and a 19.1% supply increase over June 2021.
Townhouses the same amount of listings as May 2022. However, supply has still down by 8.6% compared to June 2021.


Sales:

Sales saw a massive decrease across the board, compared to both May 2022 and June 2021
Compared to the same time last year sales are down between 18.9-62.7%

Townhouse Market:

Townhouse benchmark prices drcreased for the second consecutive month.
Townhouse benchmark pricing is down $34,900 in the last 30 days,
& over $62,000 in the last 60 days.

April: $1,149,300
May: $1,121,400
June: $1,086,500

Townhouse benchmark pricing is $179,500 higher than the same time in 2021.


SNAPSHOT: 

Decreasing Sales. Decreasing Prices.

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