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๐ Market Snapshot — September 2025
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Current as of October 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.
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Benchmark Price: $1,720,000 (↓ 5.2% YoY) → This means the typical detached home in Coquitlam is valued about 5% lower than it was a year ago.
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Sales: 52 (↑ 13% YoY) → More homes are selling compared to last year, suggesting renewed buyer interest at adjusted prices.
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Active Listings: 524 (↑ 1.7% YoY) → Slightly more homes are available for buyers to choose from.
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Average Days on Market: 30 (↓ 23% YoY) → Homes are selling faster, showing stronger buyer engagement.
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Sales-to-Active Ratio: 9.9% → Buyer’s Market → When the ratio is below 12%, buyers typically have more negotiating power.
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Buyers are regaining leverage as inventory grows and prices soften. Well-presented, fairly priced homes are still finding buyers faster than earlier this year.
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๐ Neighbourhood Breakdown
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Benchmark Price: $1,382,900 ↓ 2.9% YoY
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Active Listings: 188 (↑ 21.3%)
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Sales: 21 (↑ 5.0%)
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Avg Days on Market: 14 days (↓ 36.4%)
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Sales-to-Active Ratio: 11.2% → Borderline Balanced Market
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Neighbourhood
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Benchmark Price
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1-Year Change
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Notes
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Westwood Plateau
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$1,822,700
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+5.9%
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One of few areas with price gains
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Upper Eagle Ridge
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$1,724,200
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+1.2%
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Mild growth, stable demand
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Ranch Park
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$1,655,300
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+0.1%
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Holding steady
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Central Coquitlam
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$1,745,000
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−7.2%
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Noticeable correction
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Coquitlam West
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$1,808,200
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−11.8%
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Steepest decline among detached areas
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Harbour Chines / Place
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~$1.9–2.0M
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−13%
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Luxury segment softening
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โก๏ธ Neighbourhoods with good schools, newer homes, and strong community appeal — like Westwood Plateau — continue to attract steady interest, while older or high-priced areas are adjusting more sharply.
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๐ก What’s Driving the Market
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Interest rates: Borrowing costs remain high, which limits how much buyers can afford.
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Inventory: More listings mean more choice for buyers and more competition for sellers.
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Sellers: Many are adjusting prices and improving presentation to meet buyer expectations.
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Demand: Focused on move-in-ready homes with upgrades, modern design, and desirable locations.
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๐ *In short, buyers want value for their money, and sellers who understand that are the ones closing deals. *
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๐ฎ Market Outlook
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Expect a price-sensitive but active fall season. With recent mortgage rate cuts and the potential for more easing ahead, early 2026 could bring a small rebound — especially for detached homes under $1.8M.
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๐ The market is no longer in decline, but it’s not booming either. It’s stabilizing — which can be healthy for long-term balance.
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๐งญ Tips for Homeowners & Buyers
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For Sellers:
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Price competitively — homes priced too high are sitting unsold.
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Highlight upgrades and energy efficiency — these can justify value.
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Stage the home to help buyers visualize themselves living there.
For Buyers:
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Negotiate confidently — you have more room to ask for favorable terms.
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Explore areas like Burke Mountain and Ranch Park for better deals and stability.
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Think long-term — focus on livability and future appreciation, not quick flips.
๐ฌ In this market, patience and good research go a long way — there’s opportunity for both sides if expectations align.
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โ๏ธ Final Thoughts
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“As the market shifts from frenzy to fundamentals, patience and strategy define success. Coquitlam’s detached sector isn’t crashing — it’s correcting.”
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๐ Ready to Navigate This Market?
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Whether you're buying, selling, or just staying informed, I'm here to guide you through every step. Reach out for:
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A personalized market analysis of your neighborhood
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Early access to off-market listings
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Tailored selling strategies for this shifting market
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Fartash Elyasi | REALTOR® | RE/MAX Heights Realty
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๐ง contact@fartash.ca ๐ fartash.ca ๐ฑ 236-885-4669
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Let’s make your next real estate move a confident one.
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DISCLAIMER:All statistics and market data in this newsletter are sourced from the June 2025 Greater Vancouver REALTORS® (GVR) Market Report. Figures are deemed reliable but not guaranteed.
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