May 2026 Market Update
Port Coquitlam Real Estate Market Update
Detached sales jumped more than 50% year-over-year in Port Coquitlam, one of the busier pockets of the Tri-Cities in May.
Benchmark price (all types)
$888,600
▼ -0.5% MoM · ▼ -6.6% YoY
Total sales (all types)
67
vs 55 in May 2025 · +21.8%
New listings (all types)
187
vs 185 in May 2025
Median detached price
$1,310,000
May 2026
Market Overview
What’s happening in Port Coquitlam this month
Port Coquitlam was a quiet outperformer in May 2026. Detached sales rose to 25 from 16 a year earlier — a 56% jump — and apartment sales climbed 28% to 23, pushing total activity well ahead of last May. Prices are still adjusting: the composite benchmark of $888,600 is down 6.6% year-over-year, with detached homes at $1,320,700, townhouses at $885,600, and apartments at $579,100. For buyers, PoCo continues to offer Tri-Cities access at a meaningful discount to Coquitlam and Port Moody; for sellers, the pickup in sales shows demand is there when homes are priced to the current market.
Supply & Demand
Sales-to-new listings ratio
Port Coquitlam is in buyer’s market territory
The overall ratio of 35.8% 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 35%
Townhouse 35%
Apartment 38%
Benchmark Prices
MLS® HPI benchmark prices — May 2026
| Home type | Benchmark price | 1-month change | 1-year change |
|---|---|---|---|
| All home types (composite) | $888,600 | ▼ -0.5% | ▼ -6.6% |
| Detached | $1,320,700 | ▼ -0.5% | ▼ -6.2% |
| Townhouse | $885,600 | ▼ -1.3% | ▼ -7.1% |
| Apartment / condo | $579,100 | ▼ -0.2% | ▼ -8.3% |
Sales Activity
Home sales by property type
| Home type | May 2026 sales | May 2025 sales | Change | Median price |
|---|---|---|---|---|
| Detached | 25 | 16 | +56.2% | $1,310,000 |
| Townhouse / attached | 19 | 21 | -9.5% | n/a |
| Apartment / condo | 23 | 18 | +27.8% | $594,000 |
Common Questions
Port Coquitlam market FAQ
What is the benchmark home price in Port Coquitlam?
As of May 2026, the MLS® HPI composite benchmark price in Port Coquitlam is $888,600 across all home types. By segment: detached $1,320,700, townhouse $885,600, and apartment $579,100. 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 Port Coquitlam going up or down?
The composite benchmark dipped 0.5% from April 2026 and is down 6.6% compared to May 2025. Detached prices moved -0.5% month-over-month, townhouses -1.3%, and apartments -0.2%. Segments are moving differently, so the right read depends on the type of home you own or want to buy.
Is Port Coquitlam a buyer’s or seller’s market right now?
With a sales-to-new listings ratio of 35.8%, Port Coquitlam is in buyer’s market conditions — the ratio is below 40%, meaning new supply is outpacing demand. By segment: detached 35%, townhouse 35%, and apartment 38%.
How many homes sold in Port Coquitlam in May 2026?
25 detached, 19 townhouse/attached, and 23 apartment sales were recorded in May 2026, compared with 16, 21, and 18 respectively in May 2025.
Is now a good time to buy or sell in Port 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 Port Coquitlam compare to nearby markets?
Port Coquitlam's composite benchmark of $888,600 is the lowest in the Tri-Cities — about $115,000 below Coquitlam and $150,000 below Port Moody — which keeps it firmly on the radar of value-focused buyers wanting SkyTrain-adjacent living.
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.