📍 Coquitlam Real Estate Market Update – June 2025

🔍 Market Overview

Across all housing types—detached homes, townhomes, and condos—Coquitlam saw slower sales activity, an increase in listings, and longer days on market compared to the same time last year. Prices are generally down or flat, with townhomes being the only category showing year-over-year price appreciation.

🏠 Detached Homes:

• Sales: 48 (↓ 11.1% YoY)

• Active Listings: 560 (↑ 37.6%)

• Average Days on Market: 30 (↑ 25%)

• Benchmark Price: $1,750,600 (↓ 5.0%)

💡 Insight: Detached homes are firmly in a buyer’s market with a sales-to-active ratio of 8.6%. High inventory and price drops suggest negotiating power has shifted to buyers.

🏘️ Townhomes:

• Active Listings: 213 (↑ 46.9%)

• Average Days on Market: 20 (↓ 9.1%)

• Benchmark Price: $1,096,600 (↑ 1.1%)

💡 Insight: Townhomes remain balanced, with a sales-to-active ratio of 18.8%, near the upper end of a balanced market. Inventory has surged, but demand held steady. Prices remain relatively stable, even ticking up slightly YoY.

🏢 Condos:

• Sales: 78 (↓ 17%)

• Active Listings: 550 (↑ 32.9%)

• Average Days on Market: 37 (↑ 60.9%)

• Benchmark Price: $710,800 (↓ 4.8%)

💡 Insight: The sales-to-active ratio is 14.2%, indicating a balanced-to-soft market. Listings are up, and prices have corrected downward, giving first-time buyers or investors more choice.

📊 Sales-to-Active Listings Ratios (June 2025)

• Detached: 8.6% → Buyer's Market

• Townhomes: 18.8% → Balanced

• Condos: 14.2% → Balanced

📉 Benchmark Price Trends

All segments have seen fluctuations, but detached homes continue their multi-month decline, while townhomes are showing modest resilience. Historical price growth since 2006 remains significant overall, offering long-term value for buyers willing to weather short-term corrections.

In Case You Missed It

📍 Notable Neighbourhoods (Detached)

🧭 Local Tips for Buyers

• Detached buyers: Consider Ranch Park, which saw a slight price increase—a rare exception in this segment.

• Townhome seekers: Be aware that inventory is high, offering strong negotiation leverage.

• Condo shoppers: Focus on North Coquitlam, where there's high availability and some of the lowest benchmark prices.

📣 Final Thoughts

June’s numbers indicate that the market is rebalancing. Increased listings and cooling prices give buyers a welcome breather. For sellers, presentation and pricing strategy are more important than ever.