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Monthly Market Report

Coquitlam Market Report — August 2026

Every number from the August 2026 GVR release for Coquitlam — benchmark prices, sales, active listings, sales-to-active ratios and days on market by property type — in full tables, updated monthly. For what the numbers mean this month, read the Coquitlam real estate market update.

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The honest answer in 30 seconds

Coquitlam's benchmark prices in August 2026: detached $1,599,100 (-5.9% YoY), townhouse $987,900 (-8.5%), apartment $646,100 (-7.8%). Sales-to-active ratios — detached 9.1%, townhouse 18.1%, apartment 10.1% — put townhomes in the firmest segment and detached in the softest. Prices are down year-over-year across all three types, but well-priced family product is still selling.

Verified GVR data

Coquitlam by the numbers — August 2026

Property type Benchmark (August 2026) 1-yr 1-mo Sales Active listings Sales-to-active Avg. days on market
Detached $1,599,100 -5.9%-1.8% 42 464 9.1% 57
Townhouse $987,900 -8.5%-0.3% 35 193 18.1% 25
Apartment $646,100 -7.8%-0.8% 59 587 10.1% 39
All types (composite) $981,400 -6.4% HPI composite benchmark

Source: Greater Vancouver REALTORS® August 2026 monthly release (published September 2, 2026). Benchmark = MLS® Home Price Index for Coquitlam. Sales-to-active ratio = sales divided by active listings, both from the same release. Average days on market as published in that release.

Regional context — Greater Vancouver, August 2026

Metro Vancouver benchmarks, August 2026: detached $1,799,400 (-7.2% YoY) · townhome $1,028,800 (-4.4%) · condo $686,200 (-6.6%). Sales-to-active ratios: detached 9.4%, condo 13.9%, townhome 15.7%. Below ~12% sustained, prices tend to face downward pressure; 12–20% is balanced; above 20% favours sellers.

Commentary

What this actually means

Three things stand out in the August 2026 data. First, the correction is broad but orderly: every property type is down year-over-year (detached -5.9%, townhouse -8.5%, apartment -7.8%), 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 18.1% sales-to-active ratio — the firmest segment — while apartments sit at 10.1% with 587 active listings against 59 sales. Condo buyers have leverage and choice; townhome buyers should still expect competition on well-priced family homes.

Third, the detached benchmark sits at $1,599,100 while the median detached sale was $1,554,500 — the typical August 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.

Buyer & seller playbook

How to play it

If you're buying

You have more choice and more negotiating room than a year ago — especially in condos (10.1% sales-to-active ratio, prices -7.8% YoY). Get pre-approved, shortlist hard, and use days-on-market as your negotiation signal. Townhomes are the exception: come prepared to move quickly on good ones. More context: is now a good time to buy?

If you're selling

Pricing accuracy is everything in a -6.4% YoY market. Overprice and you chase the market down; price to current comparables and well-presented homes still attract multiple showings — townhomes especially (18.1% sales-to-active). Start with a data-driven evaluation and read how to price your home.

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.

Methodology & sources

Where these numbers come from. Every figure on this page is taken directly from the Greater Vancouver REALTORS® (GVR) August 2026 statistics release, published September 2, 2026. Coquitlam figures are the municipal HPI benchmarks and MLS® transaction counts for the City of Coquitlam. 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.

Update cadence. This report is refreshed every month when GVR publishes new data. Next expected update: early October 2026 (September 2026 data).

Written by Craig Johnston, REALTOR®, BC licence V99960 · The MACNABS, Royal LePage Elite West · Last updated September 4, 2026 (August 2026 data). Not financial advice; data attribution: Greater Vancouver REALTORS®.

Straight answers

Frequently asked questions

What is the benchmark price of a detached house in Coquitlam right now?

As of the August 2026 Greater Vancouver REALTORS® release, the benchmark (HPI) price for a detached home in Coquitlam is $1,599,100, down 5.9% from a year earlier. In the same month there were 42 detached sales against 464 active listings — a 9.1% sales-to-active ratio.

Are Coquitlam home prices going up or down?

Down year-over-year across all property types as of August 2026: detached -5.9%, townhouse -8.5%, apartment -7.8%. Month-over-month changes are modest (detached -1.8%, townhouse -0.3%, apartment -0.8%), so the trend is a gradual drift rather than a sharp drop.

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

It depends on the property type. In August 2026, townhomes ran an 18.1% sales-to-active ratio (the tightest of the three), detached 9.1% (the softest) and apartments 10.1% — both of the latter below the 12% line, so buyers have choice and leverage. Coquitlam's all-type sales-to-active ratio was 11.7% (GVR Stats Centre) — just below the balanced band.

How often is this Coquitlam market report updated?

Monthly. Figures come directly from the Greater Vancouver REALTORS® statistics package; this page reflects the August 2026 release published September 2, 2026, and the next update lands after the early-October 2026 release.

What's the difference between benchmark and average price?

The benchmark comes from the MLS® Home Price Index and represents a 'typical' home for the area with mix effects stripped out. Average (or median) prices move with which homes happened to sell that month — a few luxury sales can swing them. Benchmark is the better trend measure; median tells you what actually transacted.

Every community, every month

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About Craig
Craig Johnston, Coquitlam REALTOR

Craig Johnston

Licensed REALTOR® · Coquitlam & the Tri-Cities

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.

If you want a straight read on your timing, pricing, or move-up strategy, the fastest next step is a short call.

SpecialtyMove-up sellers & upsizers
CoverageCoquitlam, Port Moody, Port Coquitlam
Experience47+ years living in Coquitlam, 9+ years on Burke Mountain, serving families
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