Coquitlam BC Housing Market Update: Summer 2026

If you're watching the Coquitlam real estate market this summer, here's the short version: prices have softened, sales are picking up, and buyers have more leverage than they've had in years. As a Metro Vancouver real estate agent with Luxmore Realty, I track the Coquitlam BC housing market closely — and the data from Greater Vancouver Realtors tells a compelling story heading into the second half of 2026.

Key Takeaways

• Coquitlam's composite benchmark price sits at $999,500 as of June 2026, down 5.7% year-over-year (Greater Vancouver Realtors, July 2026).
• Home sales across Metro Vancouver rose 9.6% in June compared to last year, with all property types posting gains — a rare occurrence.
• The City of Coquitlam has $81 million in infrastructure projects planned for 2026, including major road upgrades and new sidewalks.
• Buyers currently have significant inventory to choose from, with active listings across GVR sitting 30% above the 10-year seasonal average.

Coquitlam Home Prices in Summer 2026

Coquitlam's composite benchmark price landed at $999,500 in June 2026, according to Greater Vancouver Realtors. That's a 5.7% decline from June 2025.

This mirrors the broader Metro Vancouver trend. Across GVR's jurisdiction, the composite benchmark for all residential properties came in at $1,099,100 — down 6% year-over-year. Detached homes saw the steepest pullback at 7.1%, while townhomes dropped 5% and condominiums fell 7.1%.

For context, Coquitlam's benchmark sits below the GVR-wide average, making it one of the more accessible entry points in Metro Vancouver for buyers who want urban amenities, transit connectivity, and mountain proximity without Vancouver or North Shore pricing.

Coquitlam BC Housing Market Sales Activity

The headline number from June is encouraging for sellers watching from the sidelines. Residential sales across GVR totalled 2,390 in June 2026 — a 9.6% increase from the 2,181 sales recorded in June 2025, according to Daily Hive's coverage of the GVR statistics.

What makes this notable is that all property types posted year-over-year gains. Andrew Lis, GVR's chief economist, described this as "a rare occurrence in recent years" and suggested it "could be an early sign of a shift in the market."

That said, June sales were still 12.4% below the 10-year seasonal average of 2,728 — so we're seeing recovery, not a boom.

Inventory and What It Means for Coquitlam Buyers

Active listings across GVR reached 17,017 at the end of June 2026. That's down 3.1% from June 2025, but still 30.2% above the 10-year seasonal average. New listings also slowed — 5,938 homes were newly listed in June, down 6% year-over-year.

The sales-to-active listings ratio for GVR overall sits at 14.6%, which signals a balanced market. By property type, attached homes lean slightly toward sellers at 17.8%, while detached homes sit at 12% — firmly in balanced territory.

In practical terms, buyers in Coquitlam have more options right now than at any point in the last several years. Homes are taking an average of 35 to 39 days to sell across GVR, giving buyers time to evaluate and negotiate. If you're looking at townhomes in particular, they're moving a bit faster at 35 days.

For sellers, pricing accurately from day one matters more than ever. With elevated inventory, overpriced listings sit while correctly priced homes still attract offers within a reasonable timeframe.

Coquitlam's $81 Million Infrastructure Push

One reason I stay bullish on Coquitlam long-term is the city's aggressive investment in infrastructure. According to the City of Coquitlam, approximately $81 million in capital projects are planned for 2026 — $39 million in transportation and $42 million in utilities.

Major projects include the Pipeline Road upgrade between Guildford Way and David Avenue, which will expand the corridor to four lanes with new pedestrian pathways, a two-way micromobility lane, and improved landscaping. The city is also delivering 3.4 kilometres of new sidewalk across 11 locations and continuing the Cedar Drive upgrade to support growth in northeast Coquitlam.

On the transit front, TransLink is expanding the bus loop at Coquitlam Station with new on-route chargers starting this month. And in May 2026, Coquitlam Council adopted Official Community Plan amendments for the areas surrounding the Burquitlam and Lougheed Town Centre SkyTrain stations, opening the door to more transit-oriented density along Austin Avenue.

Burke Mountain and New Development in Coquitlam

Burke Mountain continues to be one of Coquitlam's most active growth areas. The Burke Mountain Middle/Secondary School is on track to complete this year, addressing a long-standing gap for families in the northeast. Burke Mountain Village — the planned commercial and community hub — will eventually include the Northeast Recreation Centre, a public plaza, commercial space, and a 3.6-acre park.

Closer to Coquitlam's core, Concert Properties' Myriad tower at 567 Emerson Street is reaching completion. At 50 storeys with approximately 470 condominium homes, it's one of the most significant additions to Coquitlam's skyline, as noted by Daily Hive.

New townhome developments are also launching. Wesbild's Towns at Burke recently opened sales for 35 townhomes near forested trails and a future elementary school site, with units ranging from 1,400 to 1,600 square feet.

What This Means for Coquitlam Buyers and Sellers

The summer 2026 market in Coquitlam is defined by opportunity on both sides.

For buyers: Prices have pulled back meaningfully from their peaks, inventory is plentiful, and you have negotiating room. With interest rates lower than they were through much of 2024 and 2025, affordability has improved — particularly for townhomes and condominiums. The infrastructure investments underway signal that Coquitlam's livability and connectivity are only going to improve.

For sellers: The market isn't working against you, but it does demand precision. Sales volumes are rising, which is a positive signal. Work with an agent who understands Coquitlam's sub-markets — pricing a Burke Mountain townhome is a completely different exercise than pricing a condo near Lougheed Town Centre.

Frequently Asked Questions About the Coquitlam Housing Market

Q: What is the benchmark home price in Coquitlam in 2026?

As of June 2026, the composite benchmark price in Coquitlam is $999,500, according to Greater Vancouver Realtors. This represents a 5.7% decrease compared to June 2025.

Q: Is Coquitlam a buyer's or seller's market right now?

Coquitlam is currently in balanced market territory. The sales-to-active listings ratio across Metro Vancouver is 14.6%, and inventory levels are elevated compared to historical averages. Buyers have more choice and negotiating power than in recent years.

Q: How long do homes take to sell in Coquitlam?

Across Greater Vancouver Realtors' jurisdiction, homes are taking an average of 35 to 39 days to sell as of June 2026 — 35 days for townhomes and 39 days for detached houses and condominiums.

Q: What new developments are happening in Coquitlam in 2026?

Major projects include the Burke Mountain Middle/Secondary School, Concert Properties' 50-storey Myriad tower with approximately 470 condos, new townhome communities on Burke Mountain, and $81 million in city infrastructure upgrades including the Pipeline Road expansion.

Q: Is Coquitlam a good place to buy in 2026?

Coquitlam offers strong long-term value with SkyTrain connectivity, growing amenities, and benchmark prices below the Metro Vancouver average. With prices down from their peaks and significant infrastructure investment underway, many buyers see current conditions as an attractive entry point. Consult with a local real estate professional to assess your specific situation.

Ready to Explore the Coquitlam Market?

Whether you're considering a purchase in Burke Mountain, eyeing a condo near Burquitlam SkyTrain, or thinking about selling your Coquitlam home, having current data and local insight makes all the difference. I work with buyers and sellers across Coquitlam and the Tri-Cities every day, and I'd welcome the chance to walk you through what these numbers mean for your specific goals.

Reach out at (778) 960-8269 or visit stephaniewong.ca to start the conversation.

Stephanie Wong PREC | Luxmore Realty