| |
📊 What’s Happening in the Market
|
|
Coquitlam continues to be one of the hottest presale destinations in Metro Vancouver. Major master-planned communities (like Fraser Mills on the waterfront) and new towers near Burquitlam Station are shaping the city’s future skyline.
|
|
Across Metro Vancouver, presale sales were slower in early 2025 but began picking up through the summer. Coquitlam follows this trend: developers are carefully timing launches, while buyers are watching interest rates and waiting for incentives.
|
👉 Quick Stats (Metro Vancouver-wide, Q2 2025):
|
-
2,215 presale homes sold (up 55% from Q1)
-
22 months of supply still on the market (buyer-friendly compared to past years)
-
125+ launches forecast for 2025 across the region
|
|
|
📍 Where Presales Are Happening in Coquitlam
|
-
Burquitlam/Lougheed: High-rises near SkyTrain with strong investor and first-time buyer interest.
-
City Centre (Coquitlam Central): Densification continues with condos + mixed-use towers.
-
Fraser Mills (Maillardville waterfront): A 20-building community by Beedie with thousands of homes planned over the next decade.
-
Burke Mountain: Townhome communities offering more space for families.
|
|
|
📝 Buyer Rights & Protections
|
|
|
|
|
|
|
💡 Tips for Buyers
|
-
Do your homework: Always read the Disclosure Statement and the new “Summary of Pre-Sale Risks and Buyer Rights.”
-
Ask about incentives: Developers often offer perks (decor credits, lower deposits, or rent guarantees) in slower markets.
-
Get pre-approved early: Lenders may require updated approval closer to completion (2–3 years later).
-
Think resale value: Consider location, floorplan, and amenities that will appeal to future buyers.
-
Work with a REALTOR®: A buyer’s agent can help compare projects and negotiate incentives.
|
|
|
|
|
|
|
🏡 What This Means for You
|
-
Sellers: Resale homes in presale-heavy areas may compete with brand-new listings. Proper pricing and marketing are key.
-
Buyers/Investors: With elevated inventory, this fall offers more leverage to negotiate or secure incentives.
|
|
|
📌 Final Thoughts
|
|
Coquitlam’s presale market is all about location + timing. Whether you’re a first-time buyer, investor, or upsizing family, knowing your rights and watching the market trends can help you make the smartest move.
|
|
|
|
|
📞 Ready to Navigate This Market?
|
|
Whether you're buying, selling, or just staying informed, I'm here to guide you through every step. Reach out for:
|
-
A personalized market analysis of your neighborhood
-
Early access to off-market listings
-
Tailored selling strategies for this shifting market
|
 |
|
Fartash Elyasi | REALTOR® | RE/MAX Heights Realty
|
|
|
📧 contact@fartash.ca
🌐 fartash.ca
📱 236-885-4669
|
|
Let’s make your next real estate move a confident one.
|
|
|
|
|
|
Disclaimer: Information is for general purposes only and is not guaranteed. Market conditions and project details may change without notice. Not intended to solicit clients currently under contract. Always consult a licensed professional before making real estate decisions. Statistics and information are sourced from REBGV, MLS, MLA Canada, Zonda Urban, City of Coquitlam, and publicly available developer materials.
|
|
|
|
