May 2026 Market Update
Coquitlam Real Estate Market Update
Coquitlam detached and townhouse benchmarks rose month-over-month in May even as apartment values continued to soften.
Benchmark price (all types)
$1,003,300
▲ +0.5% MoM · ▼ -6.1% YoY
Total sales (all types)
164
vs 189 in May 2025
New listings (all types)
549
vs 517 in May 2025
Median detached price
$1,749,900
May 2026
Market Overview
What’s happening in Coquitlam this month
Coquitlam crossed back over the million-dollar line in May 2026, with the composite benchmark rising 0.5% to $1,003,300. Ground-oriented homes drove the gain: detached benchmarks climbed 1.1% to $1,654,000 and townhouses rose 1.5% to $1,023,500, while apartments slipped 1.0% to $657,400 and are now down 8.8% on the year. Sales totalled 164 across all home types — softer than last May, mostly on slower condo activity — against 549 new listings. The takeaway: family-sized homes in Coquitlam are showing early signs of price stability while the condo segment still favours buyers.
Supply & Demand
Sales-to-new listings ratio
Coquitlam is in buyer’s market territory
The overall ratio of 29.9% is below 40%, meaning new supply is outpacing demand. For the sales-to-new listings ratio, below 40% indicates a buyer’s market, 40–60% a balanced market, and above 60% a seller’s market.
Detached 24%
Townhouse 34%
Apartment 32%
Benchmark Prices
MLS® HPI benchmark prices — May 2026
| Home type | Benchmark price | 1-month change | 1-year change |
|---|---|---|---|
| All home types (composite) | $1,003,300 | ▲ +0.5% | ▼ -6.1% |
| Detached | $1,654,000 | ▲ +1.1% | ▼ -5.7% |
| Townhouse | $1,023,500 | ▲ +1.5% | ▼ -5.1% |
| Apartment / condo | $657,400 | ▼ -1.0% | ▼ -8.8% |
Sales Activity
Home sales by property type
| Home type | May 2026 sales | May 2025 sales | Change | Median price |
|---|---|---|---|---|
| Detached | 47 | 54 | -13.0% | $1,749,900 |
| Townhouse / attached | 40 | 37 | +8.1% | $1,168,950 |
| Apartment / condo | 77 | 98 | -21.4% | $622,000 |
Common Questions
Coquitlam market FAQ
What is the benchmark home price in Coquitlam?
As of May 2026, the MLS® HPI composite benchmark price in Coquitlam is $1,003,300 across all home types. By segment: detached $1,654,000, townhouse $1,023,500, and apartment $657,400. The benchmark represents a typical home in the market, which makes it a more reliable trend indicator than average or median prices.
Are home prices in Coquitlam going up or down?
The composite benchmark rose 0.5% from April 2026 and is down 6.1% compared to May 2025. Detached prices moved +1.1% month-over-month, townhouses +1.5%, and apartments -1.0%. Segments are moving differently, so the right read depends on the type of home you own or want to buy.
Is Coquitlam a buyer’s or seller’s market right now?
With a sales-to-new listings ratio of 29.9%, Coquitlam is in buyer’s market conditions — the ratio is below 40%, meaning new supply is outpacing demand. By segment: detached 24%, townhouse 34%, and apartment 32%.
How many homes sold in Coquitlam in May 2026?
47 detached, 40 townhouse/attached, and 77 apartment sales were recorded in May 2026, compared with 54, 37, and 98 respectively in May 2025.
Is now a good time to buy or sell in Coquitlam?
For buyers: inventory is healthy, prices are below year-ago levels, and homes are taking longer to sell — that combination means more selection and more negotiating power than in recent years. For sellers: well-prepared, accurately priced homes are still selling, but pricing to today’s market (not last year’s) is the difference between selling in weeks and sitting for months. The right move depends on your situation, especially if you’re selling and buying in the same market.
How does Coquitlam compare to nearby markets?
Coquitlam's composite benchmark of $1,003,300 sits about $97,000 below the Greater Vancouver composite, and its detached benchmark of $1,654,000 is roughly $194,000 below the regional detached figure — a meaningful gap for buyers wanting Evergreen Line access without Burnaby or Vancouver pricing.
About this data: All figures are from the Greater Vancouver REALTORS® (GVR) May 2026 statistics package.
Benchmark prices are MLS® Home Price Index values representing a typical home in the market.
GVR does not publish per-city active listing counts, so ratios shown are sales-to-new-listings for the month. Information is deemed reliable but is not guaranteed. Prepared by Derek Vanderkooy PREC*
and David Maître PREC*, Value-First Home Team, One Percent Realty Ltd.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.