🏡 Coquitlam Detached Market: Cooling with a Pulse

📈 Market Snapshot — September 2025

• Benchmark Price: $1,720,000 (↓ 5.2% YoY)
  → This means the typical detached home in Coquitlam is valued about 5% lower than it was a year ago.

• Sales: 52 (↑ 13% YoY)
  → More homes are selling compared to last year, suggesting renewed buyer interest at adjusted prices.

• Active Listings: 524 (↑ 1.7% YoY)
  → Slightly more homes are available for buyers to choose from.

• Average Days on Market: 30 (↓ 23% YoY)
  → Homes are selling faster, showing stronger buyer engagement.

• Sales-to-Active Ratio: 9.9% → Buyer’s Market
  → When the ratio is below 12%, buyers typically have more negotiating power.

Buyers are regaining leverage as inventory grows and prices soften. Well-presented, fairly priced homes are still finding buyers faster than earlier this year.

🏘 Neighbourhood Breakdown

• Benchmark Price: $1,382,900 ↓ 2.9% YoY

• Active Listings: 188 (↑ 21.3%)

• Sales: 21 (↑ 5.0%)

• Avg Days on Market: 14 days (↓ 36.4%)

• Sales-to-Active Ratio: 11.2% → Borderline Balanced Market

➡️ Neighbourhoods with good schools, newer homes, and strong community appeal — like Westwood Plateau — continue to attract steady interest, while older or high-priced areas are adjusting more sharply.

💡 What’s Driving the Market

• Interest rates: Borrowing costs remain high, which limits how much buyers can afford.

• Inventory: More listings mean more choice for buyers and more competition for sellers.

• Sellers: Many are adjusting prices and improving presentation to meet buyer expectations.

• Demand: Focused on move-in-ready homes with upgrades, modern design, and desirable locations.

📘 *In short, buyers want value for their money, and sellers who understand that are the ones closing deals. *

🔮 Market Outlook

Expect a price-sensitive but active fall season. With recent mortgage rate cuts and the potential for more easing ahead, early 2026 could bring a small rebound — especially for detached homes under $1.8M.

📊 The market is no longer in decline, but it’s not booming either. It’s stabilizing — which can be healthy for long-term balance.

🧭 Tips for Homeowners & Buyers

• For Sellers:

  1. Price competitively — homes priced too high are sitting unsold.

  2. Highlight upgrades and energy efficiency — these can justify value.

  3. Stage the home to help buyers visualize themselves living there.

  For Buyers:

  1. Negotiate confidently — you have more room to ask for favorable terms.

  2. Explore areas like Burke Mountain and Ranch Park for better deals and stability.

  3. Think long-term — focus on livability and future appreciation, not quick flips.

     💬 In this market, patience and good research go a long way — there’s opportunity for both sides if expectations align.

✍️ Final Thoughts

“As the market shifts from frenzy to fundamentals, patience and strategy define success. Coquitlam’s detached sector isn’t crashing — it’s correcting.”