Coquitlam · Market Report

Coquitlam Real Estate Market Report 2026

Coquitlam has undergone a remarkable transformation, evolving from a suburban commuter community into a dynamic city with SkyTrain connectivity, master-planned communities on Burke Mountain, and luxury estates on Westwood Plateau. This report provides a comprehensive analysis of Coquitlam's 2026 real estate market.

Published July 2026·By Taj Sandhu

$1,520,000 (detached), $860,000 (townhouse), $560,000 (condo)

Average Sold Price

$1,400,000 (detached), $810,000 (townhouse), $530,000 (condo)

Median Price

22 (detached), 16 (townhouse), 24 (condo)

Avg Days on Market

178 total residential sales in Q2 2026, with Burke Mountain leading in transaction volume

Sales Volume

Executive Summary

Coquitlam Real Estate at a Glance

Coquitlam's 2026 market is one of the most diverse in Metro Vancouver, spanning from new subdivisions on Burke Mountain to luxury estates on Westwood Plateau and walkable urban living in Austin Heights. The Evergreen Extension of the SkyTrain continues to drive development and buyer interest, particularly around Coquitlam Central Station and Lafarge Lake-Douglas College Station.

Detached Homes

Detached Homes in Coquitlam

Detached homes in Coquitlam average $1,520,000, with significant variation by neighbourhood. Burke Mountain's new detached homes range from $1.3M-$1.6M. Westwood Plateau estate homes average $2.0M+. Established neighbourhoods like Coquitlam West and Austin Heights offer detached homes from $1.2M-$1.5M.

Townhouses

Townhouses in Coquitlam

Townhouses in Coquitlam average $860,000, with the most active market on Burke Mountain where new townhouse developments start at $750,000. Resale townhouses in Austin Heights and Coquitlam West offer good value at $700,000-$900,000. The townhouse segment is the most competitive in Coquitlam due to strong demand from young families.

Condos

Condos in Coquitlam

The Coquitlam condo market averages $560,000, concentrated around SkyTrain stations and the Coquitlam Centre area. One-bedroom condos start at $450,000, making Coquitlam an attractive option for first-time buyers seeking transit-connected urban living. The presale condo market is active near Coquitlam Central Station.

Inventory

Inventory in Coquitlam

Active listings in Coquitlam total approximately 300-350 units, representing about 2.5 months of inventory. Burke Mountain accounts for the largest share of new listings. Westwood Plateau has the lowest turnover — homes here stay on the market longer but at premium prices.

Sales Volume

Sales Volume in Coquitlam

178 total residential sales in Q2 2026, with Burke Mountain leading in transaction volume

Price Trends

Price Trends in Coquitlam

Coquitlam has seen steady appreciation of 2.5-3.5% annually. Burke Mountain leads in price growth due to continuous new development. Properties near SkyTrain stations see above-average appreciation. Westwood Plateau luxury homes have seen more moderate growth but offer the best long-term stability.

Buyer Analysis

Buyer Analysis in Coquitlam

Coquitlam attracts a diverse buyer base. First-time buyers gravitate toward condos near SkyTrain and townhouses on lower Burke Mountain. Families are drawn to Burke Mountain's new schools and master-planned communities. Move-up buyers target Westwood Plateau for its luxury estates and panoramic views. Investors focus on SkyTrain-adjacent condos for rental returns.

Seller Analysis

Seller Analysis in Coquitlam

Coquitlam sellers benefit from balanced-to-favourable market conditions. Burke Mountain sellers with new construction should price competitively given the volume of similar listings. Westwood Plateau sellers can afford to be patient — premium properties here have a smaller buyer pool but command top prices. Staging and professional photography are important across all segments.

Investment Opportunities

Investment Opportunities in Coquitlam

Coquitlam offers diverse investment opportunities. Condos near SkyTrain stations provide the best rental yields (4-5% gross). Burke Mountain townhouses offer appreciation potential as the community matures. For long-term investors, acquiring lots in the Burke Mountain master plan area offers significant upside as development progresses.

Market Forecast

Market Forecast in Coquitlam

Coquitlam's outlook remains positive, driven by SkyTrain connectivity, Burke Mountain development, and relative affordability compared to Vancouver and Burnaby. Prices should see 2-4% annual appreciation through 2027. Burke Mountain will continue to be the primary driver of new inventory. The completion of the Burke Mountain town centre will further increase the area's appeal.

FAQ

Coquitlam Real Estate — Common Questions

Is Burke Mountain a good investment?

Yes. Burke Mountain's master-planned community offers excellent long-term appreciation potential. New schools, parks, and a future town centre support property values. The neighbourhood remains one of the most affordable options for new construction in Metro Vancouver.

How has SkyTrain affected Coquitlam real estate?

The Evergreen Extension has transformed Coquitlam from a car-dependent suburb to a transit-connected urban centre. Properties near SkyTrain stations have seen above-average appreciation and stronger rental demand. The convenience of SkyTrain access has expanded Coquitlam's buyer pool significantly.

What is Coquitlam's most prestigious neighbourhood?

Westwood Plateau is Coquitlam's premier address, offering luxury estate homes on large lots with panoramic views of the Fraser Valley and Coast Mountains. It's the most sought-after neighbourhood for executive buyers.

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