Question 1

Is Westwood Plateau a buyer's or seller's market right now?

Accepted Answer

Westwood Plateau is currently a buyer's market. There are 8 homes sold in the last 30 days across all property types. The current absorption rate of 14.4 months of supply favours buyers.

Question 2

What is the average home price in Westwood Plateau?

Accepted Answer

The average sold price across all property types in Westwood Plateau is currently $1,239,625, 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 Westwood Plateau?

Accepted Answer

Overall home prices in Westwood Plateau are up 7.5% compared to the same period last year, with detached houses averaging $1,672,000; townhouses averaging $1,074,000; condos averaging $540,500. This upward trend suggests continued demand in Westwood Plateau — buyers who act sooner may benefit from locking in before further appreciation.

Question 4

How long do homes stay on the market in Westwood Plateau?

Accepted Answer

Homes in Westwood Plateau are currently selling in an average of 24 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 Westwood Plateau?

Accepted Answer

Westwood Plateau has a sales-to-active listings ratio (SALR) of 7.0%, 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 Westwood Plateau?

Accepted Answer

Detached houses average $1,672,000; townhouses average $1,074,000; condos average $540,500. 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 Westwood Plateau?

Accepted Answer

Westwood Plateau 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 Westwood Plateau?

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 Westwood Plateau and provide you with an accurate market valuation — typically within 24 hours.

Metric	Aug · Last 30 days	Jul	Aug (LY)
Homes Sold	1-92.3%	13	22
Avg Sold Price	$1.7M+42.6%	$1.19M	$1.58M
Avg Days on Market	82d+331.6%	19d	39d

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	$541K	2	27	14d	Buyer's Market	View Condos →
Townhouses	$1.07M	2	20	29d	Buyer's Market	View Townhouses →
Houses	$1.67M	4	66	26d	Buyer's Market	View Houses →

Westwood Plateau Real Estate Market

How Have Prices Trended in Westwood Plateau?

Month-over-Month Comparison

Last 30 Days — By Property Type

What Does Each Home Cost?

What Does Each Property Type Cost in Westwood Plateau?

What Did Homes Sell for in Westwood Plateau Recently?

Frequently Asked Questions — Westwood Plateau Market