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Over the last three months, detached homes in Coquitlam have shown subtle but significant shifts. With rising inventory and softening prices, buyers may now find more breathing room than they’ve had in years.
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Let's break it down and see what’s really happening
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📊 Key Market Numbers
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Month
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Sales
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Active Listings
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Benchmark Price
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Avg Days on Market
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March
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49
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450
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$1,814,200
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20 days
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April
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46
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511
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$1,792,100
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23 days
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May
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55
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559
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$1,778,300
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23 days
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🔎 Month-over-Month Highlights:
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Sales stayed relatively stable: down slightly in April, then rebounded in May.
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Inventory grew each month: up 24.2% from March to May.
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Benchmark Price dropped gradually from $1.814M to $1.778M—a 2% decrease over 3 months.
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Days on Market increased modestly, suggesting slower turnover.
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📉 Market Outlook
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The detached segment is trending deeper into a buyer’s market. The sales-to-active ratio reflects this shift:
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March: 10.9%
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April: 9.0%
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May: 9.8%
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A ratio under 12% is considered a buyer’s market, and Coquitlam’s detached housing has stayed under that line for all three months.
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this could mean:
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Buyers may be in a strong position to negotiate on price or terms.
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Sellers will need sharp pricing, excellent presentation, and patience.
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💡 Tip for Buyers
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Leverage your timing—slow markets favour preparation.
With rising inventory and softened prices, this is an excellent window to:
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Negotiate price reductions or repairs
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Ask for extended subjects or closing terms
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Compare options instead of rushing offers
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Bonus tip: If you find a motivated seller, don’t hesitate to go in strong with your terms. Now is your time to buy with strategy, not pressure.
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📌 Visual Snapshot: Detached Market Trends
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(MAR-APR-MAY)
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Current as of June 03, 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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💬 Let’s Talk Strategy
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Whether you’re thinking of upgrading to a detached home or selling your family property, now is the time to have a data-driven conversation.
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Fartash Elyasi | REALTOR® | RE/MAX Heights Realty
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📞 Call/Text: (236) 885-4669
📧 Email: contact@fartash.ca
🌐 Website: www.fartash.ca
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Let’s discuss your goals—and take the next steps with confidence.
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DISCLAIMER:All statistics and market data in this newsletter are sourced from the May 2025 Greater Vancouver REALTORS® (GVR) Market Report. Figures are deemed reliable but not guaranteed.
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