🏗️ Coquitlam Presale Real Estate Market Update (Fall 2025)

📊 What’s Happening in the Market

Coquitlam continues to be one of the hottest presale destinations in Metro Vancouver. Major master-planned communities (like Fraser Mills on the waterfront) and new towers near Burquitlam Station are shaping the city’s future skyline.

Across Metro Vancouver, presale sales were slower in early 2025 but began picking up through the summer. Coquitlam follows this trend: developers are carefully timing launches, while buyers are watching interest rates and waiting for incentives.

👉 Quick Stats (Metro Vancouver-wide, Q2 2025):

• 2,215 presale homes sold (up 55% from Q1)

• 22 months of supply still on the market (buyer-friendly compared to past years)

• 125+ launches forecast for 2025 across the region

📍 Where Presales Are Happening in Coquitlam

• Burquitlam/Lougheed: High-rises near SkyTrain with strong investor and first-time buyer interest.

• City Centre (Coquitlam Central): Densification continues with condos + mixed-use towers.

• Fraser Mills (Maillardville waterfront): A 20-building community by Beedie with thousands of homes planned over the next decade.

• Burke Mountain: Townhome communities offering more space for families.

📝 Buyer Rights & Protections

• 📝 Buyer Rights & Protections

  Buying presale is exciting but comes with unique rules:

  • 7-Day Rescission Period: You can cancel within 7 days of signing.

  • Disclosure Statement: Developers must give you this legal document outlining the project details.

  • Deposits in Trust: Your deposit is held safely in trust (or under deposit insurance).

  • Assignment Rules: If you sell your presale contract before completion, it must be reported to the provincial registry.

💡 Tips for Buyers

• Do your homework: Always read the Disclosure Statement and the new “Summary of Pre-Sale Risks and Buyer Rights.”

• Ask about incentives: Developers often offer perks (decor credits, lower deposits, or rent guarantees) in slower markets.

• Get pre-approved early: Lenders may require updated approval closer to completion (2–3 years later).

• Think resale value: Consider location, floorplan, and amenities that will appeal to future buyers.

• Work with a REALTOR®: A buyer’s agent can help compare projects and negotiate incentives.

🏡 What This Means for You

• Sellers: Resale homes in presale-heavy areas may compete with brand-new listings. Proper pricing and marketing are key.

• Buyers/Investors: With elevated inventory, this fall offers more leverage to negotiate or secure incentives.

📌 Final Thoughts

Coquitlam’s presale market is all about location + timing. Whether you’re a first-time buyer, investor, or upsizing family, knowing your rights and watching the market trends can help you make the smartest move.