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Key Market Highlights 📊
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Active Listings: 562 condos on the market (+23% year-over-year)
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Sales: 93 condos sold (+3.3% year-over-year)
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Average Days on Market: 33 days (up from 25 last year)
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Benchmark Price: $705,400 (down 5.6% year-over-year)
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👉 What does this mean? Buyers now have more choices with inventory on the rise, while sellers face longer listing times. Prices dipped slightly compared to last year, giving buyers a chance to secure condos in Coquitlam at more competitive prices.
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Neighbourhood Spotlight 🌍
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North Coquitlam Condos: Benchmark at $706,700, down 6.9% – close to Lafarge Lake, SkyTrain, and Coquitlam Centre. A top pick for those prioritizing convenience and walkability.
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Westwood Plateau Condos: Benchmark at $708,200, down 2.8% – a family-friendly neighbourhood offering quiet residential living with stunning mountain views and proximity to golf courses.
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New Horizons Condos: Benchmark at $777,100, down 7.5% – appealing to young families with schools, parks, and Town Centre amenities nearby.
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Maillardville Condos: Benchmark at $482,700, down 3.6% – Coquitlam’s historic core, known for affordability and easy Highway 1 access, ideal for commuters.
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What Buyers Should Know 🛒
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With more condo listings available, you have the advantage of choice and stronger negotiation power.
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The average days on market is rising, which often means sellers are more flexible.
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Condos remain the most affordable entry point into Coquitlam real estate compared to detached homes and townhomes, making them attractive for first-time buyers and investors.
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What Sellers Should Do 🏡
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Price strategically: Competitive pricing is key in a growing inventory market.
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Showcase location benefits: Highlight proximity to SkyTrain, shopping, and schools in your listing.
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Maximize presentation: Well-staged condos stand out online and sell faster, even in a competitive market.
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Why This Matters for Investors 💰
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Condos in Coquitlam are drawing steady demand from renters and buyers seeking affordability compared to Vancouver. With strong traffic potential and consistent search demand for terms like Coquitlam condos for sale and Coquitlam condo market update, positioning yourself in this segment offers solid long-term business potential.
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📞 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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📧 contact@fartash.ca
🌐 fartash.ca
📱 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 July 2025 Greater Vancouver REALTORS® (GVR) Market Report. Figures are deemed reliable but not guaranteed.
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