Coquitlam Real Estate Market Report
Executive Summary
Brian SuicoLocal expert · CoquitlamThe Coquitlam, British Columbia real estate market is currently classified as a buyer's market. The MLS® composite benchmark price is $988K, down 6.2% year-over-year.
There are currently 1,316 active listings, representing 8.8 months of inventory. According to Greater Vancouver REALTORS (HPI), there were 186 sales and 486 new listings in July 2026. Inventory has increased 45.9% compared to last month.
Currently, listings spend an average of 32 days on market and the average price per square foot is $883.
Board Data vs Our Listings
| Metric | Greater Vancouver REALTORS (HPI) | Our Listings |
|---|---|---|
| Benchmark / Median Price | $988K | $956K |
| Active Listings | 1,250 | 1,316 |
| Detached Benchmark | $1.6M | $3.2M |
| Townhouse Benchmark | $991K | $1.3M |
| Apartment Benchmark | $651K | $692K |
Detached properties make up the largest share of the Coquitlam market at 55% of active listings with an average price of $3.2M. Condo listings follow at 42% (avg $692K).
Sales Activity & Absorption
Volume
Market Signals
Greater Vancouver REALTORS (HPI) reported 186 sales this period, 422 new listings appeared in the past month, 34 sellers reduced their asking price.
Market Balance
Months of Inventory
Supply and demand are roughly balanced.
With 8.8 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Coquitlam West | 453 | $1.1M |
| Burke Mountain | 147 | $1.7M |
| North Coquitlam | 128 | $681K |
| Westwood Plateau | 117 | $1.5M |
| Central Coquitlam | 112 | $1.5M |
| Maillardville | 100 | $900K |
| Coquitlam East | 45 | $1.4M |
| New Horizons | 35 | $810K |
| Ranch Park | 30 | $2.3M |
| Cape Horn | 30 | $1.3M |
| Canyon Springs | 29 | $795K |
| Scott Creek | 14 | $1.3M |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
This is currently a buyer's market with more negotiating power for purchasers. The Coquitlam market currently has 1,316 active listings with a median price of $956K and 8.8 months of inventory.
According to Greater Vancouver REALTORS (HPI), the composite benchmark price is $988K (-6.2% year-over-year). There were 186 sales recorded
- High inventory (8.8 months) favors buyers
- Prices declining (-4% in 30 days)
- Low price reduction rate (3% of listings)
- Average price per square foot is $883
- Sold properties averaged -1 days on market
Data sourced from BCRES active and sold listings. Metrics computed from listing data updated daily, with benchmark and sales statistics from Greater Vancouver REALTORS (HPI). Prepared by Brian Suico with AI assistance, reviewed by our team.
Monthly Reports Archive
Market data is calculated from active and recently sold MLS® listings as of August 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.