Monthly Market Report
The verified Coquitlam numbers from the July 2026 GVR release — and a Burke Mountain resident's read on what they mean up the mountain.
Burke Mountain · its own benchmarks
Most sites quote City of Coquitlam figures for Burke Mountain, because that is what the monthly press release carries. The Greater Vancouver REALTORS® REALTOR® Report also breaks Coquitlam down by neighbourhood. These are Burke Mountain’s own numbers for July 2026.
Apartment had no reportable sales in Burke Mountain this month, so GVR publishes no benchmark for it.
Source: Greater Vancouver REALTORS® REALTOR® Report — Coquitlam, July 2026, neighbourhood breakdown. Sales-to-active is sales divided by active listings.
The honest answer in 30 seconds
Burke Mountain has its own published benchmarks, not just Coquitlam's: $1,907,000 detached (down 2.5% from July 2025) and $1,052,400 townhouse (down 10.0%). Both sit above the city figures. Detached is holding value better than Coquitlam as a whole, while townhouses fell further on price — but at a 30.9% sales-to-active ratio they are the tightest product in the neighbourhood, well ahead of the city's 19.7%. Translation: prices are below last summer, but correctly-priced Burke homes are not sitting — across all property types (GVR Stats Centre series), half of July’s sales went under contract within 10 days, and half closed at or above their original asking price.
Data, honestly labelled
These are Burke Mountain’s own numbers — not Coquitlam’s. Most neighbourhood “market reports” quote city-wide figures because that’s what the monthly press release contains. The figures below come from the Greater Vancouver REALTORS® REALTOR® Report for Coquitlam, which breaks the city down by neighbourhood. All figures are July 2026 and every percentage is measured against July 2025.
What these numbers actually say
Two things are true at once, and most write-ups only tell you the first. Burke Mountain prices are down year over year — detached −2.5% and townhouse −10.0%. If you bought at the 2025 peak, that is real and it is on paper.
But look at how the two segments are actually trading. Burke detached is holding up better than the City of Coquitlam as a whole — −2.5% against the city’s −5.2% — while townhouses took the harder hit on price. Burke’s detached benchmark of $1,907,000 sits $279,400 above the Coquitlam figure, and its townhouse benchmark of $1,052,400 sits $61,500 above.
The honest read: townhouses fell furthest on price but are by far the tightest product here. A 30.9% sales-to-active ratio — 21 sales against 68 listings — is deep in seller’s-market territory by GVR’s own thresholds, and well ahead of Coquitlam’s 19.7%. Detached sits at 15.9%, which is balanced. So the price line is falling while demand for the right product is not. That is a pricing problem, not a demand problem.
Burke sits inside the City of Coquitlam. These municipal benchmarks are the wider market its numbers move within — useful for context, but the Burke figures above are the ones that describe your street.
Source for the city table: Greater Vancouver REALTORS® REALTOR® Report — Coquitlam, July 2026; benchmark = MLS® Home Price Index. Sales-to-active is sales divided by total active listings. Source for the Burke Mountain figures above: GVR REALTOR® Report — Coquitlam, July 2026, neighbourhood breakdown.
Regional context — Greater Vancouver, July 2026
Metro Vancouver benchmarks, July 2026: detached $1,822,900 (-7.0% YoY) · townhome $1,030,400 (-6.0%) · condo $688,000 (-7.5%). Sales-to-active ratios: detached 10.3%, condo 14.2%, townhome 17.2%. Below ~12% sustained, prices tend to face downward pressure; 12–20% is balanced; above 20% favours sellers.
Sold pace · all property types
A second GVR series, labelled as such. The benchmark figures above come from the REALTOR® Report’s neighbourhood tables, reported by property type. The figures in this section come from a different GVR source — the board’s Stats Centre monthly statistics for the Burke Mountain sub-area — and they treat the neighbourhood as one blended market: all property types combined. The two series answer different questions, so their numbers are not interchangeable, and every figure on this page names its source. All changes here are measured against a year earlier.
What the pace numbers actually say
The sections above tell you what a Burke home is worth. This series tells you how Burke homes are trading — and in July the answer was: fast. The median sale went from listing to accepted offer in 10 days, down 44.4% from a year earlier, and at least half of the month’s sales closed at or above their original asking price.
Sellers came out in force — new listings jumped +50.0% to 81 homes — and yet total inventory still sat 16.4% below last July at 138. Sales themselves were slightly lower than a year ago (34 against 36), so this is not a demand surge; the neighbourhood simply carried far less unsold stock into the month. The result is that a larger share of what is listed sells each month: sales-to-actives ran 24.6% across all property types, up from 21.8% a year ago and above the ~20% level GVR convention reads as favouring sellers.
The honest read: prices are lower than last summer, and the well-priced homes are gone in about ten days at full original ask. The average sale closed at 98.6% of original list — which means the discounts cluster in the listings that started high. In this market, pricing is the strategy: find out where your home actually sits before you set a number.
Two GVR series, one neighbourhood
Sharp-eyed readers will notice this table’s all-types HPI — $1,263,900, down 8.3% — sits far below the detached benchmark above ($1,907,000, down 2.5%) and shows a deeper annual decline. Both are correct; they measure different things. Townhomes are Burke’s volume product — they outsold detached roughly two-to-one in July’s by-type table — and their benchmark fell hardest, so a blended all-types measure lands closer to townhome pricing and falls harder than detached alone. Most of that gap is composition, not contradiction.
Counts differ slightly between the series, too: this one records 34 all-types sales and 138 homes in inventory for July, while the by-type table above shows 31 sales (10 detached, 21 townhouse) and 131 active listings. The two are compiled from the board’s database on different dates with slightly different inclusion rules — small gaps like this are expected, and it is exactly why this page never mixes figures across them.
Source: Greater Vancouver REALTORS® Stats Centre, Burke Mountain sub-area monthly statistics — all property types, all price ranges, July 2026 (retrieved August 8, 2026). All changes are year-over-year vs. July 2025; the sales-to-actives change is relative, not percentage points. Sales-to-actives is monthly sales divided by total inventory.
Craig's local view
Craig lives on Burke Mountain — this is the read from inside. Burke skews newer than almost anywhere in the city: most of the housing stock is post-2010, and the active new-construction pipeline (Foothills, Culmena, Heartwood, Riley Park and others) keeps adding family townhomes and detached product. Newer stock plus family demand is why Burke listings often trade differently than the city-wide averages suggest.
The townhome story matters most here. Coquitlam townhomes ran a 19.7% sales-to-active ratio in July 2026 — the firmest of the three property types, ahead of condos at 15.3% and detached at 11.3% — and Burke is where much of that family-townhome demand concentrates, driven by schools (Smiling Creek catchment above all) and new-build supply.
Go deeper: the Burke Mountain flagship guide, every active development, new construction in 2026, and moving to Burke Mountain, and what each price band actually buys on Burke.
Buyer & seller playbook
City-wide softness (−6.2% YoY on the Coquitlam composite) gives you more room than the last few years, but don't expect Burke's best family townhomes and view lots to sit — a 30.9% townhome sales-to-active ratio is concentrated in exactly this kind of product, and the median July sale went under contract in 10 days. Tour the development guide first so you know presale vs resale trade-offs.
Burke sellers benefit from the newest stock in the city, but you're also competing with builders' presale offices. Price against current resale comparables, not 2022 memories — and lead with what new construction can't offer: established landscaping, finished basements, no GST. Get an evaluation.
General market commentary, not individual advice — your street, product type and timeline change the answer. Book a strategy call for a read on your specific situation.
Where these numbers come from. Every figure on this page is taken directly from the Greater Vancouver REALTORS® (GVR) July 2026 statistics release, published August 4, 2026. Burke Mountain’s own figures come from the neighbourhood breakdown inside that same REALTOR® Report for Coquitlam, which reports each neighbourhood separately by property type; the municipal table is included as wider context. All percentage changes are year-over-year (July 2026 vs. July 2025). Anything beyond those published figures is Craig’s qualitative local read and is labelled as such. Benchmark prices use the MLS® Home Price Index (HPI) — a “typical home” measure that strips out mix effects, which is why it differs from average or median sale prices.
The sold-pace section uses a second GVR series. The “How fast Burke homes actually sold” figures come from the Greater Vancouver REALTORS® Stats Centre — the board’s market-statistics database — monthly series for the Burke Mountain sub-area, all property types combined (captured August 8, 2026). It is labelled separately throughout because it blends every property type into one market-wide measure, while the benchmark figures above are reported by property type; figures are never mixed across the two series.
Update cadence. This report is refreshed every month when GVR publishes new data. Next expected update: early September 2026, with August 2026 data.
Written by Craig Johnston, REALTOR®, BC licence V99960 · The MACNABS, Royal LePage Elite West · Last updated August 9, 2026 (July 2026 data). Not financial advice; data attribution: Greater Vancouver REALTORS®.
Straight answers
Yes. Greater Vancouver REALTORS® reports Burke Mountain as its own sub-area inside the monthly REALTOR® Report for Coquitlam, with benchmarks by property type separate from the city figure. For July 2026 detached is $1,907,000 (down 2.5%) and townhouse $1,052,400 (down 10.0%). The monthly press release most sites quote only carries municipal figures, which is why Burke is usually reported as “Coquitlam.”
Burke now has its own published sub-area index, so this can finally be answered with a number rather than a hunch. What the July 2026 data does show: Coquitlam's firmest segment is family townhomes (19.7% sales-to-active, vs. 15.3% condo and 11.3% detached), and Burke concentrates exactly that product. Newer stock and school-driven demand are real, persistent advantages — but individual results depend on the specific home and pricing.
Burke Mountain's July 2026 benchmarks were $1,907,000 detached (down 2.5% year over year) and $1,052,400 townhouse (down 10.0%), both above the City of Coquitlam figures. Townhomes trade below those figures and newer detached, view and estate product above them. For live listings see Burke Mountain homes for sale.
Fast, when priced correctly. Across all property types, the median July 2026 Burke Mountain sale went from listing to accepted offer in 10 days (down 44% from a year earlier), and at least half of the month's sales closed at or above their original asking price. The average sale closed at 98.6% of original list, so the discounts cluster in listings that started high. Source: GVR Stats Centre monthly series for the Burke Mountain sub-area.
Monthly, when GVR publishes new data. This page reflects July 2026 data; the next update follows the early-September 2026 release of August data.
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I have spent the last 47+ years living in Coquitlam, 9+ years on Burke Mountain, helping move-up buyers and sellers get from where they are to where they want to be — without the panic of owning two homes at once or selling under value. I work the Tri-Cities every day: Burke Mountain, Westwood Plateau, Heritage Mountain, and the rest of Coquitlam’s move-up neighbourhoods.
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