|
π Detached Homes – A Market in Transition
|
-
Benchmark Price: $1,719,700 (down 6.0% year-over-year)
-
Sales: 59 transactions in August (up 47.5% vs. last year, but from a smaller base)
-
Active Listings: 498 (steady supply, only +0.4% YoY)
-
Days on Market: 34 (faster than last year’s 41)
-
Sales-to-Active Ratio (SAR): 11.8% → firmly in balanced marketterritory
|
π What this means: Buyers are gaining leverage as prices soften, especially in higher-end pockets like Burke Mountain (-8.0%) and Harbour Chines (-8.1%). But don’t let the price dip fool you—detached homes are still moving faster than last year, signaling motivated sellers and opportunity for buyers.
|
|
ποΈ Townhomes – Resilient & In Demand
|
-
Benchmark Price: $1,087,100 (up 1.0% YoY)
-
Sales: 33 in August (flat YoY, but steady demand)
-
Active Listings: 197 (up a huge 45.9% YoY)
-
Days on Market: 23 (faster than last year’s 30)
-
Sales-to-Active Ratio (SAR): 16.8% → tilting toward seller’s market
|
π What this means: Even with more supply hitting the market, townhomes remain resilient—prices actually ticked up, showing that family-friendly layouts and affordability vs. detached are keeping them hot.
|
π‘ Pro tip #1: If you’re a buyer looking in Central Coquitlam or Ranch Park, you’ll find plenty of listings (45+ actives each), and sellers are open to negotiation.
|
π‘ Pro tip #2: Watch Burke Mountain, where townhomes are benchmarked at $1.2M (+1.6% YoY). This is one of the few submarkets posting growth while detached homes cool off.
|
|
|
|
π Detached vs Townhomes – The Takeaway
|
-
Detached π : Prices softening (-6%) but sales activity picking up. A window of opportunity for move-up buyers who’ve been waiting for better deals.
-
Townhomes ποΈ: Prices resilient (+1%), days on market dropping. A competitive choice for families and downsizers alike.
π In short: detached sellers need sharper pricing, while townhome sellers can still expect strong interest if staged and marketed right.
|
|
π― Final Word
|
Coquitlam’s housing market is sending a clear message:
|
|
If you’re unsure where you fit—buyer, seller, or just curious—this is the perfect time to get a tailored strategy. π©
|
|
|
|
|
π 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
|
|
π§ info@fartash.ca π fartash.ca π± 236-885-4669
|
Let’s make your next real estate move a confident one.
|
|
|
DISCLAIMER: This market update is prepared for informational purposes only and is not intended as financial, investment, or legal advice. Data is sourced from the Real Estate Board of Greater Vancouver (REBGV) and reflects conditions as of September 3, 2025. Market conditions are subject to change without notice. Readers should verify all information independently before making any real estate decisions.
|
|
|
|