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The Coquitlam real estate market in August 2025 continued to show signs of shifting dynamics. With rising inventory levels and notable changes in buyer activity, the market is trending toward balance across most property types. Here’s what you need to know this month.
Detached Homes
Detached home sales in Coquitlam increased notably compared to the same month last year. Although benchmark prices declined year-over-year, average days on market dropped, indicating stronger buyer engagement.
- Total Sales: 59
- Active Listings: 498
- Benchmark Price: $1,719,700
- Average Days on Market: 34
- One-Year Price Change: –6.0%
Townhomes
Townhomes remained one of the most stable property types in August. Inventory grew significantly over the past year, while prices showed modest appreciation and days on market decreased slightly.
- Total Sales: 33
- Active Listings: 197
- Benchmark Price: $1,087,100
- Average Days on Market: 23
- One-Year Price Change: +1.0%
Condos
Condo sales were down from last year, accompanied by a moderate price decrease. While inventory is up, average days on market remained steady, suggesting some buyer caution amid higher interest rates.
- Total Sales: 68
- Active Listings: 542
- Benchmark Price: $703,700
- Average Days on Market: 26
- One-Year Price Change: –5.3%
Sales-to-Active Listings Ratio
This measure helps determine whether the market favours buyers, sellers, or remains balanced.
| Property Type | Sales-to-Active Ratio | Market Type |
|---|---|---|
| Detached | 11.8% | Buyer’s Market |
| Townhomes | 16.8% | Balanced/Seller’s |
| Condos | 12.5% | Balanced |
This places all three property types in the balanced market range. However, townhomes are approaching seller’s market territory, with detached homes leaning closer to a buyer’s market.
Month-over-Month Highlights
Comparing August to July 2025:
- Detached home sales eased slightly from 65 to 59.
- Townhome inventory decreased from 231 to 197, tightening supply.
- Condo sales dropped from 93 to 68, with benchmark prices continuing a gradual decline.
These changes reflect a market where buyers are active but increasingly selective.
Neighbourhood Spotlights
Here’s how a few key neighbourhoods performed in August:
- Burke Mountain (Detached):
Benchmark Price: $1,999,400
Active Listings: 67
One-Year Price Change: –8.0% - Westwood Plateau (Townhomes):
Benchmark Price: $1,126,500
Active Listings: 21
One-Year Price Change: –6.8% - North Coquitlam (Condos):
Benchmark Price: $706,300
Active Listings: 132
One-Year Price Change: –6.4%
Long-Term Price Trends
Based on the MLS® HPI Benchmark Price chart (Page 5 of the August 2025 REALTOR® Report):
- Detached prices in Coquitlam have declined from their 2024 peak but are showing early signs of stabilization.
- Condo prices have experienced a moderate but steady decline over the last six months.
- Townhomes remain relatively flat, with some minor fluctuations.
The average price per square foot is currently:
- Detached: $620
- Condos: $819
- Townhomes: $655
What This Means for Buyers and Sellers
For buyers, particularly in the detached segment, the current market presents more choice and slightly more negotiation room, especially with inventory up and prices down.
For sellers, accurately pricing your home remains critical, especially in the condo and detached categories where competition has increased. Townhome sellers, however, are still seeing steady interest.
Thinking of Making a Move in Coquitlam?
Whether you’re buying, selling, or simply staying informed, understanding market trends is key. We are here to help you navigate Coquitlam’s evolving market with data-backed advice and local expertise. Visit our Coquitlam’s Neihborhood Guide to explore insights, schools, lifestyle amenities, and up-to-date market trends—everything you need to make confident, informed decisions.
Contact details
Sayed Najibi
Personal Real Estate Corporation
Phone: 604-649-6520
Website: www.sngroup.ca