Monthly Market Report
The verified Coquitlam numbers from the September 2026 GVR release — and a Burke Mountain resident's read on what they mean up the mountain.
5.0 across 36+ Google reviews Top 1% Team — Greater Vancouver REALTORS®, 2023–2025 47+ years in the Tri-CitiesBurke 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 September 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, September 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: $1,867,100 detached (−3.1% year over year) and $1,040,600 townhouse (−7.3%). Both sit above the city figures. Townhouses are the busier product: 11 sales against 75 active listings, compared with 3 detached sales against 76 listings. Translation: prices are below a year ago, but correctly-priced Burke homes are not sitting — across all property types (GVR Stats Centre series), half of September's sales went under contract within 21 days, and half closed at 100.0% of their original asking price or better.
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 September 2026 and every percentage is measured against September 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 −3.1% and townhouse −7.3%. 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 — −3.1% against the city’s −6.6% — while Burke townhouses slipped a little further than the city (−7.3% against −6.4%). Burke’s detached benchmark of $1,867,100 sits $282,700 above the Coquitlam figure, and its townhouse benchmark of $1,040,600 sits $64,000 above.
The honest read: townhouses fell further on price (−7.3% against detached’s −3.1%) but are the tighter product here. A 14.7% sales-to-active ratio — 11 sales against 75 listings — reads as a balanced market on GVR’s scale, and ahead of Coquitlam’s 13.3% townhouse figure. Detached sits at 3.9%, well below the 12% line — heavy supply relative to sales. So the price line is falling while demand for the right product has not gone away. 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, September 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, September 2026, neighbourhood breakdown.
Regional context — Greater Vancouver, September 2026
Across Greater Vancouver in September 2026 there were 1,717 sales (−8.4% year over year) against 16,394 homes listed for sale; GVR’s published all-types sales-to-active ratio for the month was 10.9%. 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 September the answer was: thinner volume, contracts still coming together faster than a year ago, and prices below last year. Half of all sales went from listing to accepted offer within 21 days (25.0% faster than a year earlier), and half closed at 100.0% of their original asking price or better.
Sales fell to 16 (−27.3% year over year), new listings were close to flat at 72 (−1.4%), and total inventory sat at 155 (+3.3%). Fewer sales against slightly more supply pushed sales-to-actives down to 10.3% across all property types (−29.9% relative to a year ago) — below the ~12% line GVR associates with downward price pressure.
The honest read: prices are below last year — the all-types HPI is down 6.8% and the blended median sale down 12.0% — and the pace of sales has thinned. But homes priced right are still moving: half of September’s sales went under contract within 21 days, and half closed at 100.0% of original ask or better. The average sale closed at 98.8% of original list — the gap between the two shows 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 — $1,243,100, down 6.8% — sits far below the detached benchmark above ($1,867,100, down 3.1%). Both are correct; they measure different things. Townhomes are Burke’s volume product — they outsold detached 11 to 3 in September’s by-type table — so a blended all-types measure lands closer to townhome pricing, and the blended median sale (−12.0%) fell further than either benchmark. Most of that gap is composition, not contradiction.
Counts differ slightly between the series, too: this one records 16 all-types sales and 155 homes in inventory for September, while the by-type table above shows 3 detached and 11 townhouse sales against 76 and 75 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, September 2026 (retrieved October 7, 2026). All changes are year-over-year vs. September 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. Much of Burke’s housing is recent construction, and new releases keep adding family townhomes and detached homes. As of October 1, 2026, releases selling now include Beaumont, Terrayne, Rocklin, Culmena, Versant, Towns at Burke, Parkview and Timber’s Edge. 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 13.3% sales-to-active ratio in September 2026, ahead of apartments at 10.5% and detached at 9.8%, and Burke has a large share of the city’s newer family townhomes. Burke recorded 11 townhouse sales against 75 active listings.
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 (−6.3% year over year on the Coquitlam composite benchmark) gives you more room to negotiate, but well-priced Burke homes are still selling: the median Burke sale (all types) went under contract in 21 days in September 2026. Tour the development guide first so you know presale vs resale trade-offs.
Many Burke homes are recent builds, but you're also competing with builders' sales centres. 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 comes from Greater Vancouver REALTORS® (GVR) data for September 2026, released October 2, 2026: MLS® HPI benchmark prices plus by-type sales, active listings and days on market from GVR’s REALTOR® Reports, the all-types Burke Mountain figures (median sale price, days on market, sales-to-active ratio and related measures) from the GVR Stats Centre, and the Greater Vancouver totals from GVR’s monthly news release. Burke Mountain’s by-type benchmarks come from the neighbourhood breakdown inside GVR’s 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 (September 2026 vs. September 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 (retrieved October 7, 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 November 2026, with October 2026 data.
Written by Craig Johnston, REALTOR®, BC licence V99960 · Royal LePage Elite West · Last updated October 7, 2026 (September 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 September 2026, detached is $1,867,100 (−3.1%) and townhouse $1,040,600 (−7.3%). The monthly press release most sites quote only carries municipal figures, which is why Burke is usually reported as “Coquitlam.”
It depends on the property type. In September 2026, Burke Mountain’s detached benchmark changed −3.1% year over year against −6.6% for Coquitlam, and its townhouse benchmark changed −7.3% against −6.4% for the city. One month is a snapshot, not a trend, and results for any one home depend on the home and how it is priced.
Burke Mountain's September 2026 benchmarks were $1,867,100 detached (−3.1% year over year) and $1,040,600 townhouse (−7.3%), both above the City of Coquitlam figures. A benchmark describes a typical home; individual homes sell above or below it depending on size, age, lot and location. For live listings see Burke Mountain homes for sale.
Quickly, when priced to the market. Across all property types, the median September 2026 Burke Mountain sale went from listing to accepted offer in 21 days (−25.0% year over year), and half of the month's sales closed at 100.0% of original asking price or better. The average sale closed at 98.8% of original list, so the bigger discounts were 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 September 2026 data; the next update follows the early-November 2026 release of October 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 the Tri-Cities’ move-up neighbourhoods.
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A benchmark is a starting point, not a price. Here is how I turn these monthly numbers into a price for one specific Burke Mountain home.
I begin with Burke Mountain’s own benchmark for your property type from the GVR REALTOR® Report, not the Coquitlam city figure, and note how it moved over the year. The benchmark describes a typical home, so it sets the starting line. It is not the price of your home.
Next I pull recent Burke sales of homes like yours: same type, similar size and age, and a similar position on the mountain. I look at the original list price, the final price and the days to contract, because together they show where buyers actually stopped.
I look at what is for sale now, including developer releases nearby. New homes come with a warranty but also GST, and buyers compare the two. The active listings show what a buyer will set beside your home in the week it goes on the market.
I give you a price range in writing, with the sales behind it. After launch, I track showings and feedback each week. If the market is telling us something different, we talk about it early, so the listing doesn’t sit while the numbers move.
To see how this works on real files, read my Tri-Cities case studies. Read the Tri-Cities case studies →
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