Why Coquitlam, why now
Coquitlam is the largest of the Tri-Cities and, in October 2026, one of the most balanced markets in Metro Vancouver. It is not the cheapest city in the region, and it is not the most expensive — it is the one where a buyer can still choose between a SkyTrain condo, a townhouse and a detached house without leaving the same city, and where sellers are not yet facing a buyer's market.
It is also a city in transition. The Evergreen Extension of the Millennium Line, opened in 2016, put five SkyTrain stations inside Coquitlam and turned Burquitlam and Town Centre into transit neighbourhoods. Burke Mountain, in the northeast, is still filling in with new family homes. And the city's population — 148,625 at the 2021 Census, the sixth-largest in BC — keeps growing into both.
This is Day 8's neighbourhood spotlight: what Coquitlam costs right now, which pockets suit which buyer, and what the October 2026 numbers mean for your move.
Coquitlam by the numbers — October 2026
Every figure below is labelled with its month, so you can tell the report month from the publication month. Greater Vancouver REALTORS® reports Coquitlam as one area, so the figures below are city-wide by home type — there is no published neighbourhood benchmark to quote for Burke Mountain or Westwood Plateau, and this post does not invent one.
Coquitlam composite benchmark, October 2026: $957,500, down 1.5% from September and down 7.1% from a year ago — 10.4% below the Greater Vancouver benchmark of $1,068,600.
Detached benchmark, October 2026: $1,571,400, down 0.8% on the month and down 7.0% year over year. There were 56 detached sales, up 9.8% year over year.
Townhouse benchmark, October 2026: $962,600, down 1.4% on the month and down 6.6% year over year. There were 48 townhouse sales, up 29.7% year over year — the strongest sales growth of any home type in Coquitlam.
Apartment benchmark, October 2026: $624,200, down 2.5% on the month and down 9.1% year over year — the steepest annual fall of any home type in the city. There were 82 apartment sales, down 13.7% year over year, but apartments still made up 44% of all Coquitlam sales.
Sales in Coquitlam, October 2026: 186 homes sold, up 1.6% from a year ago and up 31.9% from September 2026.
Market balance, October 2026: sales came to 44% of new listings, which points to a balanced market — neither buyers nor sellers clearly in charge.
The slide since spring, October 2026: the composite benchmark has fallen every month since May 2026, from $1,003,300 to $957,500 — down about 4.6% in five months.
For context, Greater Vancouver REALTORS® reported a regional composite benchmark of $1,068,600 in October 2026, down 5.2% year over year, with 2,024 sales. Coquitlam's apartment benchmark of $624,200 sits $49,200 below the Metro Vancouver apartment benchmark of $673,400. Next door, Port Coquitlam's composite benchmark was $840,200 in October 2026, down 6.9% year over year, with 76 sales — the Tri-Cities' lower-priced alternative, and a useful comparison if Coquitlam's townhouse benchmark of $962,600 is above your budget.
The neighbourhoods, pocket by pocket
Coquitlam Town Centre and North Coquitlam — the condo capital
Town Centre, around Coquitlam Centre mall, Lafarge Lake and Town Centre Park, is Coquitlam's downtown: high-rise condos, civic facilities, and three SkyTrain stations — Coquitlam Central, Lincoln and Lafarge Lake–Douglas, the Millennium Line terminus. Coquitlam Central is also a West Coast Express stop, with a rush-hour commuter train downtown in under 35 minutes. With the apartment benchmark at $624,200, this is where first-time buyers get the most for their money in Coquitlam. Best for buyers who want transit at the door and investors who want a deep rental pool. Watch strata fees and building age, and check whether the building allows rentals.
Burquitlam — the transit townhouse belt
Burquitlam, on Coquitlam's western edge by the Burnaby border, is the city's transit-driven growth pocket: the Burquitlam and Lougheed Town Centre stations, tower and townhouse development, and a direct Millennium Line ride to downtown Vancouver in roughly 45 minutes. Townhouses are Coquitlam's growing segment — 48 sold in October 2026, up 29.7% year over year — and much of that demand lands here, where attached homes sit below the detached benchmark by more than $600,000. Best for buyers who want more space than a condo at a price well below a detached house, and for commuters who want two SkyTrain stations within reach. Check the completion date and the strata budget on any newer townhouse before you offer.
Burke Mountain — the new-build family pocket
Burke Mountain, in the city's northeast, is Coquitlam's newest major residential expansion: master-planned streets of new single-family homes, duplexes and townhouses, built for families who want newer construction, schools and trails at the door. There is no SkyTrain station on the mountain — the nearest park-and-ride at Coquitlam Central is a 10- to 15-minute drive — so this pocket trades transit for space and newness. Best for move-up buyers who want a recently built detached home and are willing to drive to the train. Budget for the car, and check what is still to be built on the streets around any new home before you offer.
Westwood Plateau — the established executive pocket
Westwood Plateau, perched at higher elevation in the southwest, is Burke Mountain's older sister: established estate homes, larger lots and mountain views, mostly built between 1995 and 2010, around the Westwood Plateau Golf and Country Club. It is the pocket for buyers who want a substantial detached home without a new-build premium, and for sellers who need to know the detached benchmark city-wide is $1,571,400, down 7.0% year over year. Best for move-up buyers who value the setting and the established streets over a SkyTrain walk. Expect fewer listings and longer searches — the Plateau rewards patience.
Maillardville, Austin Heights and Central Coquitlam — heritage and value
Maillardville, founded in 1909 as one of BC's oldest French-Canadian communities, holds heritage character, older craftsman-style homes and a growing number of townhouse projects, with Place des Arts at its centre. Austin Heights and Central Coquitlam, nearby, offer walkable streets, established bungalows and townhouses close to Lougheed Highway. These are Coquitlam's value pockets: the most affordable way into the city for buyers who do not need a new tower or a mountain lot. Best for first-time buyers and downsizers who want character and a central location. Check renovation history and insurance costs on older homes before you offer.
What this means for you
Buying your first home: Coquitlam's $624,200 apartment benchmark is the realistic entry point, and condos made up 44% of all Coquitlam sales in October 2026 — so you can compare buildings instead of chasing the only one available. Check the strata documents, the depreciation report and the monthly fees before you fall for the view.
Selling: Detached homes are down 7.0% year over year, townhouses down 6.6% and apartments down 9.1%, and the composite has fallen every month since May. Price to the October benchmarks — detached $1,571,400, townhouse $962,600, apartment $624,200 — not to the 2022 peak, and expect buyers to have other options in a balanced market.
Investing: Condos near SkyTrain are Coquitlam's rental workhorse, but check the maths building by building: purchase price, strata fees, property tax and achievable rent. Townhouses are the segment actually growing — 48 sold in October, up 29.7% year over year — so a well-located townhouse near Burquitlam or Town Centre may hold its value better than a comparable condo.
Renting or new to the region: Coquitlam is a natural first stop for many newcomers, with established neighbourhoods, the Millennium Line downtown in roughly 45 minutes and the West Coast Express in under 35 minutes at rush hour from Coquitlam Central. If you are renting while you decide where to buy, walk the pockets above — Town Centre and Burke Mountain feel like different cities.
Three smart next steps this week
Buyers: Search Coquitlam MLS® listings and shortlist by SkyTrain station and building age, not just price.
Sellers: Ask for a current evaluation against the October 2026 benchmarks for your home type — detached $1,571,400, townhouse $962,600, apartment $624,200.
Everyone: Browse presale condos and townhomes in Town Centre and Burquitlam and compare them with finished homes before committing to a completion date years out.
Talk to Kevin Lee before you decide
One street in Coquitlam can behave very differently from the city-wide average — and a benchmark is a typical home, not your home. If you want to know what these November numbers mean for your budget, your building, or your street, get in touch.
Contact Kevin Lee, SoldToday.ca: 604-600-5777, soldtoday.ca@gmail.com, 1200 W 73rd Ave #100, Vancouver, BC V6P 6G5. Create a free account to save searches, get alerts, and download the free BC Home Buyer's Guide. Have a question first? See the answers to 100 common real estate questions.
Sources: Greater Vancouver REALTORS® October 2026 figures via HousingPortal.ca (updated November 4, 2026) — Coquitlam composite benchmark $957,500 (-1.5% MoM, -7.1% YoY), detached $1,571,400 (-7.0% YoY), townhouse $962,600 (-6.6% YoY), apartment $624,200 (-9.1% YoY); 186 sales (+1.6% YoY, +31.9% MoM), 56 detached, 48 townhouse, 82 apartment; sales 44% of new listings (balanced); composite trend May–October 2026 from $1,003,300 to $957,500; regional composite $1,068,600 and 2,024 sales; Metro Vancouver apartment benchmark $673,400; Port Coquitlam composite $840,200 (-6.9% YoY), 76 sales. City of Coquitlam / 2021 Census via Ovlix Coquitlam City Guide — population 148,625, sixth-largest city in BC; Maillardville founded 1909; Evergreen Extension opened 2016 with five stations in Coquitlam (Burquitlam, Lougheed Town Centre, Coquitlam Central, Lincoln, Lafarge Lake–Douglas); West Coast Express from Coquitlam Central downtown in under 35 minutes at rush hour; Burke Mountain nearest SkyTrain park-and-ride 10–15 minutes by car. Figures are for Coquitlam / Greater Vancouver as stated by each source. This post is general information, not financial, legal, or tax advice — confirm current details with a licensed REALTOR®, lawyer, notary, or accountant before you act.
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