🏘️ Coquitlam Real Estate Market Recap – April 2025

📊 Why April’s Market Numbers Matter to You:

Whether you're planning to buy, sell, or simply stay informed, this snapshot of last month’s activity will help you understand where the market is headed — and why it matters more than ever right now.

Let’s dive into how detached homes, condos, and townhomes performed across the board.

🏡 Detached Homes:

• Benchmark Price: $1,792,100 (↓ 3.0% YoY)

• Average Price Per Sq Ft: $604 (↓ from $689 in March 2025)

• Sales: 46 (↓ 28.1% YoY)

• Active Listings: 511 (↑ 45.2% YoY)

• Avg Days on Market: 23 (↓ 4.2%)

• Sales-to-Active Ratio: 9.0% → Buyer's Market

What it means: Detached homes saw a notable drop in price and sales, suggesting a cooling trend in this segment. At the same time, active listings rose substantially. This combination increases supply relative to demand, which shifts power toward buyers. A 9.0% sales-to-active listing ratio firmly places this market in buyer’s territory, meaning buyers are more selective and may negotiate harder on price. While the time to sell slightly decreased, overall conditions are favorable for those looking to purchase a detached home.

🏢 Condos:

• Benchmark Price: $729,100 (↓ 3.4% YoY)

• Avg Price Per Sq Ft: $798 (↓ from $859 in March)

• Sales: 78 (↓ 38.6% YoY)

• Active Listings: 572 (↑ 78.2% YoY)

• Avg Days on Market: 25 (↑ 8.7%)

• Sales-to-Active Ratio: 13.6% → Balanced/Leaning Buyer's Market

What it means: The condo market in Coquitlam is seeing its highest listing inventory in nearly five years, with fewer buyers taking action. This oversupply is softening prices and extending the average time it takes to sell a unit. The sales-to-active ratio sits at 13.6%, which is considered balanced but leans slightly toward a buyer’s market. This environment gives prospective buyers more options and room to negotiate while prompting sellers to stay competitive.

🏠 Townhomes:

• Benchmark Price: $1,081,400 (↑ 0.1% YoY)

• Avg Price Per Sq Ft: $678 (↓ from $688 in March)

• Sales: 60 (↑ 53.8% YoY)

• Active Listings: 193 (↑ 48.5% YoY)

• Avg Days on Market: 17 (↑ 21.4% MoM)

•  Sales-to-Active Ratio: 31.1% → Seller’s Market

What it means: Townhomes continue to be the most competitive segment in Coquitlam. Despite increased inventory, sales surged over 50% compared to last year, and **prices held steady with a modest 0.1%**** increase**. The 31*.1%* sales-to-active ratio indicates strong demand and a seller’s market. Buyers seeking family-friendly homes with more space than a condo but at a lower price point than a detached home are driving this surge.

📊 Market in Focus: Visual Snapshot

Sometimes, a picture says it better than words. The following graphs offer a visual breakdown of some of the trends we’ve discussed above — from pricing patterns to listing activity and demand strength across property types. These charts help put the data in context and show how the market is truly evolving month to month:

📌 Local Tips for Living in Coquitlam:

🍽️ Restaurant to Try:
Looking for a cozy date night or a delicious dinner out? Check out The Coquitlam Grill — a long-time local favorite known for its hearty comfort food, family-friendly service, and all-day breakfast.

🌄 Local Tip of the Month: Want great views without leaving the city? Try the Coquitlam Crunch — it’s free, fast, and perfect for a lunch-hour workout with a view of the mountains, Lafarge Lake, and even glimpses of the skyline on a clear day. Plus, it's an excellent way to get to know your neighbors and stay active year-round.

📚 Culture Corner: Coquitlam Public Library hosts free events and workshops every month, from family craft days to small business sessions. Check out their calendar!

📞 Ready to Take the Next Step?

Whether you're curious about your home's current value, looking for the right opportunity to buy, or planning your next investment, we're here to help you navigate with confidence.

Reach out today for a free, personalized consultation — no pressure, just expert guidance tailored to your goals.

— The Optimal Group
Your local experts in Coquitlam real estate.

Fartash Elyasi
Realtor®, eXp Realty
📞 236-885-4669
📧 [email protected] 
🌐 Realestatenews.com