🏡 Coquitlam Townhouse Market: 3-Month Snapshot (Mar–May 2025)

Is the townhouse market cooling off, or simply catching its breath?If you've been watching the real estate scene in Coquitlam, you'd know the townhouse segment has been sending some mixed—but telling—signals lately.

Let's break it down and see what’s really happening

📊 What the Numbers Say

Month

Sales

Active Listings

Benchmark Price

Avg Days on Market

March

63

163

$1,083,400

19 days

April

60

193

$1,081,400

17 days

May

34

207

$1,085,000

19 days

🧐 Month-over-Month Highlights:

  • Sales dropped by 43% from March to May.

  • Inventory rose steadily—27% increase in active listings over 3 months.

  • Benchmark Price remained mostly flat, fluctuating within a tight range (~$1,081K to $1,085K).

  • Days on Market have held steady around 17–19 days, suggesting stable buyer engagement despite fewer transactions.

📉 Interpreting the Market

The sharp decline in sales may look dramatic, but it’s not all bad news. The steadiness in pricing, coupled with slight increases in inventory, signals a shift from a strong seller’s market toward a more balanced environment.

This could mean:

  • Buyers now have more options and a bit more time to make decisions.

  • Sellers need to price sharply and stage well to attract serious offers.

In April, the sales-to-active ratio for townhomes was 31.1%—solidly in seller’s market territory. But by May, it dropped to 16.4%, crossing into a balanced market zone

🏠 A Tip for Buyers

If you’ve been waiting on the sidelines, this may be your window.
More listings and stable prices make for a less competitive landscape—and potentially better negotiation power.

📌 Visual Snapshot: Townhome Market Trends

In order from from the top (MAR-APR-MAY)

Current as of June 03, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.

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DISCLAIMER:All statistics and market data in this newsletter are sourced from the May 2025 Greater Vancouver REALTORSÂź (GVR) Market Report. Figures are deemed reliable but not guaranteed.