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Are you a townhouse or condo owner in Coquitlam or Port Moody? If you’ve been dreaming of more space, a private yard, or finally owning a detached home—this is your moment. Detached homes in Coquitlam & Port Moody are on sale, offering a perfect opportunity to make your dream a reality.
With detached home prices falling and inventory rising, while condos and townhomes remain stable, the current market conditions present a rare “move-up” window. Let’s break down why 2025 is your best chance to upgrade.
Detached Homes: A Buyer’s Market with Discounted Pricing
Coquitlam Detached Snapshot (June 2025)
- Benchmark Price: $1,750,600
- Year-over-Year Price Change: -5.0%
- Sales-to-Active Ratio: 8.6% → firmly a Buyer’s Market
- Inventory: Up 37.6% YoY
- Time on Market: 30 days (up 25%)
Port Moody Detached Snapshot (June 2025)
- Benchmark Price: $2,116,200
- Year-over-Year Price Change: -3.1%
- Sales-to-Active Ratio: 11.2%
- Time on Market: 45 days (up 137%)
Buyers now have options, leverage, and negotiating power—conditions we haven’t seen in years.
Townhomes & Condos: Holding Value, Supporting Your Trade-Up
While detached prices have softened, townhomes and condos remain relatively stable, giving owners strong equity positions to work with:
Townhomes
- Coquitlam: +1.1% YoY | Sales-to-Active Ratio: 18.8%
- Port Moody: -0.9% YoY | Sales-to-Active Ratio: 19.1%
Condos
- Coquitlam: -4.8% YoY | Balanced market
- Port Moody: -2.5% YoY | Balanced market
In both cities, townhomes are still moving, especially in sought-after areas like Burke Mountain and Heritage Mountain, making now the ideal time to list and access discounted detached inventory. For a detailed look at local trends, check out the Coquitlam and Port Moody real estate market updates for June 2025.
Why This Move-Up Window Won’t Last Forever
- Interest rates are down ~2% from last year, increasing affordability
- Detached home supply is elevated, but absorption will increase as rates stay lower
- If demand rebounds, prices may climb quickly again (as they did in early 2021 and 2023)
Waiting could cost more, both in lost equity gains and higher purchase prices.
What You Can Do Now
Smart Strategies for Sellers & Upgraders:
- Get a comparative market analysis for your townhome/condo
- Review financing options with today’s lower rates
- Start touring detached homes now while inventory is high and competition is low
FAQs
Is now a good time to sell my townhome in Coquitlam?
Yes. The townhome market remains balanced to slightly seller-favoured, with modest price growth in some neighbourhoods and strong buyer interest.
Why are detached home prices falling but townhomes holding steady?
Detached homes face more supply and longer DOM. Meanwhile, townhomes serve as the “next step up” for many buyers and are still in demand due to relative affordability.
What if I need to sell first before buying?
Bridge financing and longer completion timelines can help. Our team has strategies to make your transition smooth and financially sound.
What if I wait until the market “bottoms out”?
Timing the market is risky. As rates stabilize and sales activity returns, detached prices can rebound faster than expected—as seen in past cycles.
Let’s Talk About Your Next Step
If you’re a homeowner in a condo or townhouse and wondering whether it’s time to level up, we’ll help you assess your options with clarity and confidence.
We specialize in strategic upgrades and can guide you through every stage of your transition, from valuation to purchase. Book your virtual consultation.