Port Coquitlam Real Estate Market Update – June 2025

Rising Inventory, Slower Sales Growth

Port Coquitlam saw continued inventory growth across all property types in June 2025, paired with mixed sales performance. Detached homes posted slight sales gains, but condos and townhomes recorded moderate pullbacks. Price adjustments and extended days on market suggest a market leaning toward balanced to buyer-friendly conditions.

Key Market Stats for June 2025

Detached Homes

  • Total Active Listings: 188 (+21.3% YoY)
  • Sales: 21 (+5.0% YoY)
  • Days on Market Average: 14 (-36.4% YoY)
  • MLS® HPI Benchmark Price: $1,382,900 (-2.9% YoY)

Condos

  • Total Active Listings: 135 (+40.6% YoY)
  • Sales: 24 (-11.1% YoY)
  • Days on Market Average: 27 (+50.0% YoY)
  • MLS® HPI Benchmark Price: $638,300 (-1.4% YoY)

Townhomes

  • Total Active Listings: 60 (+13.2% YoY)
  • Sales: 12 (-14.3% YoY)
  • Days on Market Average: 19 (+90.0% YoY)
  • MLS® HPI Benchmark Price: $849,600 (-0.1% YoY)

Market Trends & Expert Insights

  • Detached Homes: Modest Strength Amid Price Pressure
    Detached sales grew 5.0% YoY despite higher inventory, signaling steady demand. Prices declined 2.9%, but average market time shortened to 14 days, showing motivated buyers for well-priced homes.
  • Condos: Inventory Surge Slows Activity
    Listings jumped 40.6%, while sales fell 11.1% and selling time increased by half to 27 days. Price softness continued with a 1.4% YoY decline, pointing to a cooler condo segment.
  • Townhomes: Longer Timelines, Lower Sales
    While listings rose, sales dropped 14.3%, and days on market nearly doubled. Prices held steady (-0.1%), but extended selling times reflect buyers taking more time to decide.
  • Sales-to-Active Ratio Snapshot:
    • Detached: 11.2% → Buyer’s Market
    • Condos: 17.8% → Balanced Market
    • Townhomes: 20.0% → Balanced Market (edge toward sellers)

What This Means for Buyers & Sellers

For Buyers:

  • Detached homes present negotiation opportunities with more inventory and slight price declines.
  • Condo and townhome buyers benefit from longer decision windows in a balanced market.

For Sellers:

  • Competitive pricing is key across all segments to stand out amid rising inventory.
  • Detached sellers should highlight move-in readiness to attract quick offers.

Final Thoughts

Port Coquitlam remains in transition, with overall balance but clear signs of softening in condos and townhomes. Detached homes show resilience but still require strategic pricing to sell in a timely manner.

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