Question 1

Is Coquitlam a buyer's or seller's market right now?

Accepted Answer

Coquitlam is currently a buyer's market. There are 99 homes sold in the last 30 days across all property types. The current absorption rate of 13.2 months of supply favours buyers.

Question 2

What is the average home price in Coquitlam?

Accepted Answer

The average sold price across all property types in Coquitlam is currently $1,017,253, based on sales over the past 30 days. Prices vary by type — condominiums start lower, while detached homes command a premium. Contact a local Coquitlam agent for a current, property-specific estimate.

Question 3

Have home prices come down in Coquitlam?

Accepted Answer

Overall home prices in Coquitlam are down 19.5% compared to the same period last year, with detached houses averaging $1,781,932; townhouses averaging $1,028,547; condos averaging $580,913. This creates an opportunity for buyers to enter the market at a lower price point than a year ago — sellers should price competitively to attract offers.

Question 4

How long do homes stay on the market in Coquitlam?

Accepted Answer

Homes in Coquitlam are currently selling in an average of 34 days on market. In a seller's market, well-priced homes can attract offers within the first week of listing. In a buyer's market, buyers typically have more time to evaluate options.

Question 5

What does the absorption rate mean for Coquitlam?

Accepted Answer

Coquitlam has a sales-to-active listings ratio (SALR) of 7.6%, below the 12% threshold that defines a buyer's market. There are more homes available relative to demand, giving buyers more time to consider their options and more room to negotiate on price and conditions. Sellers may need to price competitively to attract offers.

Question 6

What is the average price of each property type in Coquitlam?

Accepted Answer

Detached houses average $1,781,932; townhouses average $1,028,547; condos average $580,913. These figures reflect sold prices over the past 30 days from MLS® records and are updated regularly.

Question 7

What property types are available in Coquitlam?

Accepted Answer

Coquitlam offers a mix of condos, townhouses, houses. Each type suits different lifestyles — condos and townhouses are popular for lower-maintenance living, while detached homes are sought by families looking for more space and a yard.

Question 8

How can I get a home evaluation in Coquitlam?

Accepted Answer

You can request a free, no-obligation home evaluation through a local Coquitlam real estate agent. They will research recent comparable sales in Coquitlam and provide you with an accurate market valuation — typically within 24 hours.

Metric	Aug · Last 30 days	Jul	Aug (LY)
Homes Sold	9-94.0%	149	109
Avg Sold Price	$922K-11.6%	$1.04M	$1.14M
Avg Days on Market	24d-31.4%	35d	36d

Type	1 Bed	2 Bed	3 Bed	4+ Bed
Apartment	$548K $820/ft² 41 sold	$698K $752/ft² 63 sold	$889K $721/ft² 18 sold	$1.12M $690/ft² 5 sold
Townhouse	$699K $698/ft² 8 sold	$879K $672/ft² 31 sold	$1.08M $645/ft² 44 sold	$1.25M $612/ft² 14 sold
House	—	$1.19M $580/ft² 6 sold	$1.49M $558/ft² 22 sold	$2.25M $498/ft² 18 sold

Type	Avg Sold Price	Sold (30d)	Active	Avg DOM	Condition
Condos	$581K	42	596	42d	Buyer's Market	View Condos →
Townhouses	$1.03M	30	205	17d	Balanced Market	View Townhouses →
Houses	$1.78M	22	437	43d	Buyer's Market	View Houses →

Coquitlam Real Estate Market

How Have Prices Trended in Coquitlam?

Month-over-Month Comparison

Last 30 Days — By Property Type

What Does Each Home Cost?

What Does Each Property Type Cost in Coquitlam?

Frequently Asked Questions — Coquitlam Market