Coquitlam Detached Homes Market:

Is the Market Finally Tipping in Buyers' Favour?

After years of limited inventory and upward pressure on prices, Coquitlam’s detached housing market is showing early signs of balance. With more homes on the market and a slower pace of sales, buyers are regaining leverage. This isn’t a crash—but it’s a cooling, and that means opportunities for those who are ready.

Before we dive deeper into what this means for you, here’s a quick snapshot of the numbers shaping the current market:

Looking at the numbers, the amount of active listings has jumped significantly compared to last year, while sales have declined. This shift is easing the pressure off buyers and giving them more room to negotiate. It’s also a sign that pricing strategies need to be sharper for sellers hoping to stand out. Let’s keep going with a breakdown of other key segments.

📍Local Insight: 

Some areas like Westwood Plateau and Harbour Chines are seeing softening prices, making previously premium neighbourhoods more accessible.

Wondering how each part of Coquitlam is doing right now? Some areas are holding strong, while others have seen a bit of a dip. It's actually pretty interesting when you compare them side by side. Below is a chart showing sales activity, inventory, and price changes across Coquitlam’s detached home neighbourhoods:

So why does this matter?

Because real estate isn’t just about city-wide averages—it’s hyperlocal. Knowing which neighbourhoods are seeing price drops, holding firm, or getting more inventory helps you make smarter decisions. Whether you're eyeing a specific pocket of Coquitlam or just exploring your options, this kind of detail gives you the edge.

💡 Quick Tip:

Sellers – homes that are staged and priced right are moving faster, even in slower markets.

Buyers – keep an eye on listings that have been on the market 20+ days; there may be room to negotiate.

To give you another perspective on how things are shifting:

This chart shows how detached homes, condos, and townhomes are performing when it comes to demand relative to supply. Detached homes, in particular, are clearly in a buyer’s market zone right now, with a sales-to-active ratio of just 9%. That means more listings are sitting longer, giving buyers more time and leverage.

📌 Buyers: More listings mean less competition and more room to negotiate.

📌 Sellers: With inventory up and sales down, strategic pricing and standout presentation are key.

Here is a better view of the market movements in the past 12 months:

Prices dropped significantly over the year, indicating a market correction. The small uptick in Feb–Mar 2025 didn’t hold, which suggests buyers are cautious or waiting for further reductions. However, buyers shouldn't assume prices will crash. The slight rebound in early 2025 shows there's still underlying demand.

Ready to Take the Next Step?

The numbers are just part of the story—what really matters is how they connect with your goals. Whether you're looking to upsize, downsize, invest, or make your very first move, now is a great time to start a conversation.

Let’s take a look at your unique situation and create a plan that works for you.

Thanks for staying informed — real estate is always moving, and so are opportunities. Let’s make your next move the right one!

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📧 Email: [email protected]
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