line drawing of Pitt River Bridge, Coquitlam

Coquitlam Real Estate Market Update

December 2025

If you live in Coquitlam or are thinking about buying here, you have probably noticed mixed messages. Some headlines talk about price drops. Others say homes are still selling. Our job is to turn the latest stats into a clear picture so you can plan with confidence instead of guessing.

All numbers in this update come from the Greater Vancouver REALTORS Coquitlam report for December 2025. 2025-12-Coquitlam


Big picture for Coquitlam right now

Three themes stand out in the December data:

  • Prices are lower than last year.
    • Detached benchmark price: approx $1,670,400, down approx 4.6% year over year.
    • Condo benchmark price: approx $681,100, down approx 6.1%.
    • Townhome benchmark price: approx $994,300, down approx 6.8%. 2025-12-Coquitlam
  • More homes are changing hands than last December.
    • Detached sales are up approx 38%.
    • Condo sales are up approx 13%.
    • Townhome sales are up approx 17%. 2025-12-Coquitlam
  • The market is mostly balanced, with townhomes a step ahead.
    • Sales to active ratios: approx 14.5% for detached, 15.4% for condos, 22.1% for townhomes. Townhomes sit in a mild seller zone, while detached and condos sit in balanced territory. The chart on page 1 of the report shows all three property types hovering between buyer and seller ranges. 2025-12-Coquitlam

In plain language, prices have eased, buyers have more choice, and sellers need sharper pricing, but the market is very much alive.


Quick snapshot: prices and market feel

You can think of the benchmark price as the typical value for that type of home.

Property typeBenchmark price (Dec 2025)1 year changeMarket feel December 2025
Detachedapprox $1,670,400approx 4.6% lowerapprox 14.5% sales to active, balanced with a slight buyer tilt
Condoapprox $681,100approx 6.1% lowerapprox 15.4% sales to active, balanced with patient buyers
Townhomeapprox $994,300approx 6.8% lowerapprox 22.1% sales to active, clear seller edge in many complexes

2025-12-Coquitlam


How busy is the Coquitlam market really

The sales to active listings ratio tells us how quickly homes are being absorbed.

  • Detached
    Inventory is almost the same as last year, but sales are higher and homes are taking longer to sell, with average days on market at approx 53 compared with approx 42 last December. 2025-12-Coquitlam
  • Condos
    Listings are up approx 23%, sales are up modestly, and average days on market have stretched to approx 49. 2025-12-Coquitlam
  • Townhomes
    Listings are up a little, sales are up more, and average days on market have actually dropped to approx 30 from approx 41, which is the fastest of the three property types. 2025-12-Coquitlam

The long term price chart on page 5 of the report shows that, even with this year’s pullback, detached, condo and townhome values are still well above pre 2020 levels. 2025-12-Coquitlam


Detached homes in Coquitlam

If you are focused on a single family home in areas like Central Coquitlam, Burke Mountain, or Coquitlam East, here is what the numbers are saying.

  • Benchmark price: approx $1.67 million.
  • Values are approx 4.6% lower than last December and have drifted down from the early 2025 peak shown in the detached price chart on page 2. 2025-12-Coquitlam
  • Sales are up sharply year over year, but with an average of approx 53 days on market, buyers have time to compare options and negotiate.

What this feels like on the ground

  • Buyers can be choosier on busy streets, older homes, or properties needing major work.
  • Well presented homes on good lots are still attracting solid interest, especially when they land in a fair price range instead of trying to chase last year’s numbers.
  • For sellers, pricing, presentation, and flexibility on dates make a bigger difference than they did in the ultra competitive cycles.

Condos in Coquitlam

Condo product across North Coquitlam, Coquitlam Town Centre, Maillardville and Coquitlam West has its own rhythm.

  • Benchmark price: approx $681,100.
  • Prices are approx 6.1% lower than last year.
  • Listings are up significantly, sales are also up, but homes now take approx 49 days on average to sell. 2025-12-Coquitlam

What this feels like on the ground

  • Buyers finally have time to view multiple units in the same building and compare floor plans, outlooks, and strata history.
  • Investors are more cautious because of financing costs, which means end user buyers have a better shot at their preferred home.
  • Sellers who expect last year’s sale prices without adjusting for today’s competition are sitting longer.

Townhomes in Coquitlam

Family sized townhomes across Burke Mountain, Westwood Plateau and surrounding neighbourhoods remain the strongest segment.

  • Benchmark price: approx $994,300.
  • Prices are approx 6.8% lower than last year, but still higher than early 2024 levels according to the townhome chart on page 4. 2025-12-Coquitlam
  • Listings are up modestly, sales are up more, and average days on market have dropped to approx 30.
  • The sales to active ratio of approx 22.1% puts townhomes comfortably in a seller leaning zone. 2025-12-Coquitlam

What this feels like on the ground

  • For upsizers moving from condos, good townhomes still feel competitive. It is not as intense as peak conditions, but strong homes are getting attention quickly.
  • For sellers, there is real opportunity, especially if your townhome offers three bedrooms up, a double garage, or walkable school access.

If you own a home in Coquitlam

Here is how we would read this if we were sitting at your kitchen table.

  • Your home is still worth much more than five years ago, even if it is worth less than last year.
    The long term MLS HPI chart shows a steady climb for detached, condo and townhome prices, with some dips but no return to pre 2018 levels. 2025-12-Coquitlam
  • Buyers now have options, so clarity wins.
    Clear pricing, honest condition disclosure, and clean presentation make your home easier to choose and easier to appraise.
  • Timing depends on your next step.
    If you are selling and buying in the same market, a softer price on your sale is often offset by a softer price on your purchase.

If you are thinking of listing this year, our first move together would be a calm, detailed pricing review using very recent sales, not just the peak from earlier in the cycle.


If you are planning to buy in Coquitlam

If you are a first time buyer or a family looking for more space, this is what these numbers can do for you.

  • You have negotiating room, especially in condos and older detached homes.
    Time on market and better selection mean sellers are more open to reasonable offers and custom dates.
  • You can protect yourself with conditions again.
    Inspection, financing and strata review conditions are far more common now than during the bidding wars.
  • The key is a clear budget and a clear “must have” list.
    Once we know what you can comfortably afford each month, we can focus on the pockets where the stats line up in your favour.

If we were advising a friend, we would say: use this calmer market to buy the right home at a fair price, rather than chasing the cheapest possible number in a place that does not fit your life.


Is Coquitlam currently in a buyer or seller market?

Overall, Coquitlam is in a balanced market. December 2025 sales to active ratios are approx 14.5% for detached homes, 15.4% for condos and 22.1% for townhomes. Detached and condo segments feel balanced with a slight buyer advantage, while townhomes lean more toward sellers.

How have Coquitlam home prices changed compared with last year?

Benchmark prices are lower across all three property types. Detached homes are approx 4.6% lower, condos are approx 6.1% lower and townhomes are approx 6.8% lower than December 2024 levels.

Are homes taking longer to sell in Coquitlam?

Yes, detached homes and condos are taking longer. Detached homes averaged approx 53 days on market and condos approx 49 days in December. Townhomes are moving faster at approx 30 days on market.

Is now a bad time to sell a home in Coquitlam?

It is not necessarily a bad time, but it is a more careful market. Overpriced or poorly presented homes tend to sit, while homes that are priced correctly and show well are still selling, especially townhomes and well located detached homes.

What should first time buyers focus on in this Coquitlam market?

First time buyers should focus on getting pre approved, understanding their monthly comfort zone and choosing a property type and neighbourhood that fit their long term plans. With more inventory and lower prices than last year, this can be a constructive time to buy if the payment and timeline make sense.