Port Coquitlam Market:
March 2026 vs 2025
For the first time in over 2 years all three areas of the market have seen a pricing increase over the last 30 days
2/3 of the market see sales increase & days on market decrease.
Looking for an accurate picture of where the real estate market is headed?
Today we dive in and take a deeper look at the Port Coquitlam market as a whole:
- A full overview & an in depth look at detached homes and townhouses. Both focusing on:
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- How statistics stack up to the previous month’s activity.
- Where we are standing compared to the same time period in 2024.
- Larger market trends.
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Port Coquitlam Benchmark Price Overview:
- Townhouse: In 2025 the townhouse benchmark price peeked in May (It is now $53,600 below this peak). After five months of sub-900k benchmarks, March broke the streak with a sizable price increase. Prices are now close to September 2025.
- Detached: The 2025 benchmark peaked in March (we are now $67,200 below that peak). Relatively speaking 2025 brought 6 months of detached stability, followed by 6 months of meandering decline. December finished 2025 at a new low for the year, and although 2026 started with a further dip February has bounced back above December. March continued the push up with the first back-to-back monthly increases since May-June of last year.
- Condo: The 2025 benchmark high was in January (we are now $43,900 below that price). For the last 6 months of 2025 the condo market took a sudden and large turn downwards.
- 2026 has introduced yo-yo pricing. February was a hard hit, but March record to just above the January benchmark. Despite this months improvement there is still a ways to go…
- The benchmark has been under 600k since October of last year. The last time it dipped below 600k was December 2022. And even then it was only sub 600k for a single month.
- The last time the benchmark spent this much time below 600k was before it ever surpassed $600,000…going back to February 2022. The first time the benchmark surpassed 600k was March 2022. & the benchmark has only dipped below $610,000 three times since then.
Port Coquitlam Market Snapshot (a review):
- Over the last six months the real estate market in Poco has developed as follows:
- Generally speaking, sales were strong in October, and supply and days on market saw minor decreases across the board. Attached homes saw pricing decreases continue which helped sales for townhouses, but condo sales dropped off. Detached homes saw prices drop below a 2-year low which boosted sales.
- Relatively speaking November was a strong month. Benchmark prices increased across the board as supply decreased, and sales remained steady. But prices are historically low & supply remains inflated.
- This year a December slowdown really set in. We finished the year with falling prices, month over month sales declines and a supply reduction. Despite prices coming down and supply doing its best to get back to a manageable level the power is still in the hands of hesitant buyers who seem to be waiting for a bottom that has yet to crystalize.
- 2026 began with sales decreasing across the board as supply took massive step up for townhouses while remaining high for condos and detached homes. In January 2/3 of the market saw a price dip while condos saw a slight leveling while remaining at a multi-year low.
- In February detached homes were the only facet of the market to see sales decrease further. Townhouses saw their sales quadruple. Active listing saw a positive reduction for attached listings while detached homes saw a large spike upwards.
- On the whole March was a strong month for the market and a potential first spring pop. Benchmark prices were up across all market segments and both detached homes and condos saw their sales increase and days on market reduce. However, supply has once again taken a step up for all housing styles.
Year-over-year Comparison:
- Although detached homes are seeing a lower days on market average and slightly less inventory both the benchmark and sales are down compared to March 2025. The benchmark price is down $65,200 compared to March 2025 and sales are down over 10.5% year-over-year.
- Compared to March 2025 the townhouse market is struggling, but month-over-month it is in great shape. Prices are down 4.8% year-over-year and supply has risen by 11.1% while sales remain equal. All-in-all pricing is the largest shakeup…but the change is still under 5%.
- Year-over-year condos are in the worst shape. Active listings and days on market are up, while the benchmark price and sales are down. Sales and total active listings stand at odds with one another. Listings are up over 31% while sales are down 25%…this is not a spread you want to see if you are hoping the benchmark will increase and hold(March may have been a one-off). The gap has decreased compared to what it was last month in February…but it is still far from in a good place.
Overall Supply & Sales Update:
Compared to the same time last year supply is mixed:
- Detached: -7%
- Condo: +31.4%
- Townhouse: +11.1%
Supply has increased when March is compared to February:
- Detached: 3 more listings than in February
- Condo: 23 more listings than in February
- Townhouse: 11 more listings than in February
Compared to the same time last year sales trend downwards:
- Detached: -10.5%
- Condo: -25%
- Townhomes: 0.0%
Sales vary month over month (compared to February):
- Detached: 9 more sales than February (more than doubled)
- Condo: 5 more sales than February
- Townhouse: 6 less sales than February
•••
Detached Market Update:
- March 2026 vs 2025 sees the detached benchmark price decrease by $67,200.
- Since October there have been five months where the benchmark has been below April 2023 ($1,354,300).
- One of the market’s main issues has been balancing high supply with a cautious buyer pool.
- October through December saw supply reducing, but by December that reduction had slowed. In January it had stalled out altogether, and in February it started to increase again. Unfortunately March follows February with another increase…although it was a minor one.
- After a strong October sales decreased for 4 straight months. March finally broke the sales decline as sale more than double month-over-month. It was the strongest month for sales since December of last year.
- Last time the benchmark was this low there were only 66 active listings. Currently there are 81 more listings in March when compared to April 2023.
- The market still needs a refresh. Fewer new listings, and an active buyer pool to purchase the remaining stock. That being said spring has started with positive indicators. Double the sales of February, a benchmark high for the year, and decreasing average for days on market.
- Currently a reality remains where some detached homes are simply not selling in a timely manner.
- In the last month the benchmark price has increased $4,300. Over the last 60 days it has increased $11,200. Currently a benchmark high for 2026.
Detached Home Benchmark Pricing:
- March: $1,418,500
- April: $1,408,900
- May: $1,412,000
- June: $1,382,900
- July: $1,359,500
- August: $1,356,600
- September: $1,361,800
- October: $1,349,400
- November: $1,358,700
- December: $1,343,000
- January: $1,340,100
- February: $1,347,000
- March: $1,351,300
•••
Townhouse Market Update:
- Between August of last year and this January the townhouse market was plagued with high supply & slow sales which put downward pressure on pricing.
- For the first time in six months the February update wasn’t all bad news. Yes the benchmark price took another step down, but there was also a massive uptick in sales and a marginal decrease in supply.
- The increase in sales numbers came at the expense of sellers allowing their properties to sell lower than they had initially intended.
- March followed up with a huge benchmark increase, but fewer sales, higher supply, and a longer days on market average.
- Just as it was in February, a double edged sword. Taking the good with the bad, the townhouse market is still figuring itself out.
- Now the benchmark price is 4.8% below March 2025.
- After spending five straight months under 900k the benchmark finally rebounded increasing $38,200 in 30 days setting a benchmark high for 2026.
- Despite the sizable increase other factors in the townhouse market continue to create uncertainty around future pricing movement. The current market situation could still be part of a larger correction to re-balance prices prior to 2022’s all-time peak where the benchmark increased from a low of ~660k in 2021 to a high of over $1,031,000 in 2022.
Townhouse Benchmark Pricing:
- March: $950,700
- April: $955,400
- May: $956,300
- June: $949,600
- July: $945,200
- August: $917,900
- September: $913,800
- October: $884,300
- November: $893,500
- December: $882,800
- January: $870,000
- February: $864,500
- March: $902,700
•••
Condo Market Overview:
- For roughly two years, until July of last year, the condo market was the stable bedrock of Port Coquitlam.
- Beofre tkaing a positive setep forward in March six of the last nine months marked new low points for the condo market.
- March set a 2026 benchmark high of $597,200 and was coupled with increasing month-over-month sales and decreasing average days on market. All strong signs.
- The benchmark price increased $8,300 in 30 days. Only the second increase in 9 months.
- March’s benchmark is $39,700 lower than March 2025. A 6.2% dip.
- For eight of the last ten months active listings have been decreasing…the one downside to March was an increase of 23 active listings.
- the number of sales in March increased compared to February. This was only the second increase in monthly sales since September 2025. The other increase was February 2026 which show strong forward momentum.
- Still sales are down 25% year-over-year, coupled with 31.4% more supply when compared to March 2025. High supply and low sales is not an ideal mix for sellers, but with Febuary’s and March’s sales increase perhaps we are beginning to see buyers return for a spring boost.
- February is now the 6th straight month with a sub 600k benchmark.
- The last time the benchmark was below 600k for more than a single month was prior to it ever breaking 600k in the first place back in 2021. It has never dipped below 600k after surpassing it for this long before.
Summary:
Port Coquitlam’s market found its footing in March, marking its clearest shift in momentum this year. For the first time in over two years, all three segments posted month-over-month price increases—each reaching a 2026 benchmark high. Sales improved in most areas, days on market trended down, and while supply rose again, the tone points to an early spring lift.
Detached homes are showing signs of stabilization. The benchmark climbed to $1,351,300—its second straight monthly increase and a 2026 high—while sales more than doubled from February and days on market declined. Still, inventory remains elevated, and both prices and sales sit below March 2025, reflecting a market that’s improving but not fully balanced.
Townhouses saw the sharpest price movement. After five months below $900,000, the benchmark jumped to $902,700—a $38,200 gain in 30 days and a 2026 high. However, sales dipped, supply increased, and days on market edged up, suggesting the segment is still rebalancing. Prices also remain 4.8% below last year.
Condos showed encouraging progress, with the benchmark rising to $597,200—also a 2026 high—and sales increasing for a second straight month. Days on market improved, pointing to returning buyers. However, pricing is still down 6.2% year-over-year, with listings up over 31% and sales down 25%, keeping pressure on the segment.
Overall, March signals an early-stage recovery. Prices are rising and activity is improving, but with supply building and year-over-year numbers still lagging, the market is just beginning to regain momentum heading into spring.
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