Estimated reading time: 4 minutes
If you are thinking about buying, selling, or investing in Coquitlam, this latest market update will give you a clear picture of where things stand.
March 2026 shows a market that is adjusting. Prices have softened, inventory is shifting, and opportunities are opening up depending on the property type.
Let’s break it down so you can make informed decisions.
Market Overview: Detached, Townhomes, and Condos
Here is a snapshot of what happened across Coquitlam in March 2026:
Detached Homes
- Sales: 53
- Active Listings: 423
- Benchmark Price: $1,624,700
- Days on Market: 36
- Year-over-Year Price Change: -9.4%
Detached homes are seeing price adjustments and longer selling timelines, giving buyers more negotiating power.
Condos
- Sales: 97
- Active Listings: 584
- Benchmark Price: $668,300
- Days on Market: 31
- Year-over-Year Price Change: -8.6%
Condos remain the most active segment, but rising inventory is creating more choice for buyers.
Townhomes
- Sales: 36
- Active Listings: 158
- Benchmark Price: $1,007,500
- Days on Market: 30
- Year-over-Year Price Change: -6.6%
Townhomes continue to balance affordability and space, keeping demand relatively stable.
Sales-to-Active Ratios: What Type of Market Are We In?
| Property Type | Sales-to-Active Ratio | Market Type |
|---|---|---|
| Detached | 12.5% | Balanced Market |
| Condos | 16.6% | Balanced Market |
| Townhomes | 22.8% | Seller-Leaning |
What This Means
- Detached homes: Balanced, but leaning toward buyers due to higher inventory
- Condos: Balanced with improving opportunities for buyers
- Townhomes: Still competitive due to limited supply
As shown in the chart on page 1, Coquitlam overall sits within balanced market conditions.
Month-over-Month and Year-over-Year Trends
Month-over-Month (February to March 2026)
- Detached sales remained stable at 53
- Condo sales increased significantly from 70 to 97
- Townhome sales rose slightly from 34 to 36
- Days on market remained relatively consistent
This reflects a typical spring market pickup.
Year-over-Year Trends
- Prices are down across all property types (6.6% to 9.4%)
- Inventory remains elevated, especially for condos
- Homes are taking longer to sell compared to last year
Overall, the market is transitioning into a more balanced and sustainable phase.
Neighbourhood Highlights – Long-Term Price Trends
Key Neighbourhood Insights
- Westwood Plateau: $1.61M benchmark, down 20.1%
- Burke Mountain: $1.99M benchmark, down 5.4%
- Coquitlam West: Strong condo activity with consistent demand
- New Horizons: Active condo market with stable pricing
These variations show how different pockets of Coquitlam are responding differently to market shifts.
Long-Term Trends
According to the price trend chart on page 5:
- Detached homes saw significant growth from 2016 to 2022
- Condos and townhomes continue steady long-term appreciation
- Recent price corrections are part of a normal cycle
Coquitlam remains one of the most resilient markets in the Tri-Cities.
Practical Advice for Buyers, Sellers, and Investors
- You have more options and less competition than last year
- Take your time, especially in the detached segment
- Be ready to act quickly for well-priced townhomes
- Pricing correctly is more important than ever
- Expect longer days on market compared to peak years
- Strong presentation and marketing will set your home apart
- Condo market offers strong entry points and liquidity
- Look for areas with transit access like Coquitlam West
- Long-term fundamentals remain strong despite short-term adjustments
Key Takeaways
- Prices have softened across all property types
- Inventory is creating more balanced market conditions
- Opportunities exist for buyers, especially in detached homes
FAQs
Is Coquitlam a buyer’s market right now?
It is mostly balanced, with some segments leaning toward buyers, especially detached homes.
Are home prices dropping in Coquitlam?
Yes, prices have declined between 6% and 9% year-over-year depending on property type.
Which property type is most active?
Condos are currently the most active segment in Coquitlam.
Is now a good time to invest in Coquitlam?
Yes. Market adjustments are creating strong long-term buying opportunities.
Call-to-Action
Whether you are planning your next move or simply watching the market, having the right strategy makes all the difference.
If you would like a personalized market breakdown, help finding the right property, or a professional home evaluation, reach out anytime. We are here to guide you with clear advice and local expertise.
Contact details
Sayed Najibi
Personal Real Estate Corporation
Phone: 604-649-6520
Website: www.sngroup.ca