Commentary
What this actually means
Three things stand out in the September 2026 data. First, the correction is broad but orderly: every property type is down year-over-year (detached -6.6%, townhouse -6.4%, apartment -7.3%), yet month-over-month moves are all under two per cent — this is a slow drift, not a slide.
Second, the market is split by product type. Townhomes posted an 13.3% sales-to-active ratio — the firmest segment — while apartments sit at 10.5% with 600 active listings against 63 sales. Condo buyers have leverage and choice; townhome buyers should still expect competition on well-priced family homes.
Third, the detached benchmark sits at $1,584,400 while the median detached sale was $1,449,000 — the typical September transaction landed a little below the benchmark, a sign that entry-level detached is where the volume is while larger move-up homes wait for the right buyer. For a neighbourhood-level read, see home values by neighbourhood and average price in Coquitlam, or, for what these numbers mean for buyers, sellers and move-up families this month, read the Coquitlam real estate market update.