Port Coquitlam Market:

December 2025 vs 2024 

The year ends with record low prices, a sales drop off, & declining supply. 

After a month of positivity detached homes & townhouses head downwards

Condos waver as balancing is called in to question.

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:

1. How statistics stack up to the previous month's activity.
2. Where we are standing compared to the same time period in 2024.
3. Larger market trends.

•••

Port Coquitlam Benchmark Price Overview:

1. Townhouse: After climbing $66,000 & peaking in May, pricing has taken a large step backwards. After November saw the benchmark increase in 6 months December took another turn downwards. The benchmark remains below 900k for the fifth time since March 2023 meaning 60% of the benchmarks time below 900k in over 2.5 years has been in the last 3 months. It has now dropped $73,500 since May.
2. Detached: After remaining stable for the first half of the year detached homes begun to trend downwards taking a big step backwards in both June and July. After three months of decreases yo-yo pricing has taken hold for the last 4 months which means December was a down month. The benchmark has dropped $77,500 since the February peak. December is now the 2025 low.
3. Condo: Since July the condo market has been facing a massive shake-up. From July to October condos were under massive downwards pressure and while November brought a slight reprieve December has once again turned downwards. The benchmark has decreased $43,900 since June.
1. The 2025 benchmark high was $645,400 back in January. December's benchmark is now $51,000 below the high.
2. Over the last six months the condo market has lost over 7% of its overall benchmark value, & in October it dropped below 600k for the first time since December 2022. 
3. The benchmark is currently the lowest is has been since February 2022. Sitting just $6,000 above that benchmark.
4. The benchmark has only dipped below $610,000 three times since March 2022, & it now seems firmly planted at least 10k below that benchmark.
5. The benchmark is at a 46 month low.
6. Supply came down for the fifth month in a row. The December drop finally brought supply below 100 again for the first time since February. The last time the benchmark was this low there were 36 active listings on the market. There are currently 56 more listings than February 2022.
7. After a stellar number of sales in September the last 3 months have seen declining activity. 

 Port Coquitlam Market Snapshot (a review):

1. Over the last six months the real estate market in Poco has developed as follows:
1. July was busy. All three segments of the market experienced year-over-year and month-over-month sales increases. 2/3 of the market have returned to 2024 levels of supply...and all of this activity has come at the expense of a benchmark pricing decrease accross the board. 
2. As a whole August can be categorized by decreases. Supply dropped across the board while sales were nearly cut in half compared to July. The benchmark price for both townhouses and condos took a sizable hit while detached homes edged downwards after being hit hard in July.
3. The only unanimous change in September was that stale supply drove up days on market. Detached homes saw pricing level out, but sales plummet, and supply continue to balloon. Both condos and townhouses saw sales increases...but prices decrease.
4. 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.
5. 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.
6. 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. 

Year-over-year Comparison:

• It appears that the detached market is ending 2025 much the same way as it ended 2024.
1. The last 3 months of 2024 saw the detached benchmark drop $77,400.
2. Although the majority of this years slump occured between June & August which saw the benchmark drop $55,400...the year is once again ending on a low point
3. While the 2025 summer decline was less aggressive than it was for year-end 2024 the current benchmark is still $36,500 below where it was in December 2024 right before it started to rebound. 

1. The last time the detached benchmark was this low was April 2023 when it was $1,339,000. The current detached benchmark is at a 32 month low.
2. Year-over-year November was 2.3% below the previous year and December is 2.5% below.   

• The townhouse market has now come full cirlce in a single year.

1. October 2024 saw the benchmark price dip below 900k for the first time since March 2023.
2. For the first 7 months of 2025 the townhouse market was the strongest pillar within Port Coquitlam
3. Then August saw townouses take their first real hit of 2025. A benchmark tumble of $27,300.
4. For 3 months now the benchmark has remained below 900k & as of December it sits $100 under the 2024 bottom-out.
5. 2025 saw pricing dip below 2024 levels 5 times.
6. Year-over-year sales are down and supply is up. 

• After peaking in February 2024 the condo market levelled off for nearly a year and a half before taking a turn this July.

1. In Feb of 2024 the benchmark price was $650,200.
1. Until July 2025 the low point over the last 17 months, was November 2024. 
2. Five of the last six months have marked new lowpoints for the condo market. Shattering 1.5 years of stability.
3. December's benchmark is $33,100 lower than Dec 2024. 
2. Now the benchmark is the lowest it has been since February 2022 when it was $588,400. Now just $6,000 above Feb 2022 and a 46 month low. 
3. For the seventh month in a row active listings are down.
4. After seeing sales increase in September, after a dead-slow August, October cooled slightly and November held steady.
5. Sales are down 7% year-over-year, with 8 less sales than November 2025. Days on market are up by 64% compared to December 2024, but are down very slightly month-over-month. Active listings are up 17.9%, and prices have dropped 5.3% compared to December 2024.

Overall Supply & Sales Update:

 
Compared to the same time last year supply varies: 

• Detached: -9.6%
• Condo: +17.9%
• Townhouse: +11.5%

Supply is down when December is compared to November:

• Detached: 50 less listings than in November (this is the 2nd month in a row supply has seen a massive cut)
• Condo: 21 less listings than in November
• Townhouse: 26 less listings than in November (cut nearly in half in 30 days)

Compared to the same time last year sales are down:

• Detached: -15%
• Condo: -7.1%
• Townhomes: -7.1%

Sales are down month over month (compared to November):

• Detached: 3 less sales than November
• Condo: 8 less sales than November
• Townhouse: 7 more sales than November

••• 

Detached Market Update:

1. December 2025 vs 2024 sees the detached benchmark price decrease by $34,700.
2. Starting in June the detached market turned. 
3. Since the 2025 peak in February the benchmark price has declined $77,500.
1. There was a big dip down in October(-$12,400)
2. Followed by an increase of $9,300 in November
3. & a $15,700 decrease to end 2025
4. From January to May the benchmark was stable only fluctuating within a $19,000 window, but for two of the last three months the benchmark price has been the lowest it has been since April 2023 ($1,354,300)
5. The summer months really turned on the detached market as high supply and buyer reluctance finally weighed on sellers.
1. Both August and September saw low sales combined with record supply...October was a pivotal month and while buyers returned to the market the bump in sales drove the benchmark down even further. 
2. In order for the market to stabilize we need supply to continue to trend downwards and buyer interest to remain even keeled. 
3. October was an important month for the market, and a renewed increase in sales helped supply shrink...but it did so at the expense of the benchmark price.
4. November was a balancing month, prices nearly recovered from the October drop back to September levels and supply continued downwards while sales remained steady.
5. As of December supply is still trending in the right direction...but sales have declined for the past 2 months. Last time the benchmark was this low there were only 66 active listings. Even with a supply reduction there were still 47 more listings in December when compared to April 2023. 
6. The market needs fresh listings & renewed buyer interest to start 2026 otherwise prices may continue downwards as stale supply continues to reduce in order to sell. 

Detached Home Benchmark Pricing:

1. December: $1,379,500
2. January: $1,401,100
3. February: $1,420,500
4. March: $1,418,500
5. April: $1,408,900
6. May:  $1,412,000
7. June: $1,382,900
8. July: $1,359,500
9. August: $1,356,600
10. September: $1,361,800
11. October: $1,349,400
12. November: $1,358,700
13. December: $1,343,000

•••

Townhouse Market Update:

1.  The townhouse market has now come full circle. October 2024 was the benchmark low for last year, and until December October 2025 was the benchmark low for this year.
1. In the run up to October 2024 the benchmark price dropped $69,800 in just 60 days resulting in a rare sub 900k benchmark.
2. October 2025 was the result of a 5 month decline after peaking in May and it also marks a return to the $800,000s.
3. The difference with 2025's low is that the downturn below 900k did not immediately result in a turnaround (which is traditional)
4. When the benchmark dropped under 900k in October 2024 it rebounded in November...this year the benchmark has remained under 900k for three months (so far).
5. For a third month in a row supply reduced, but after two months of increases sales decreased. The market was unable to rally a return to the 900s.
2. Between February and July the townhouse market was rock solid with the benchmark never fluctuating more than $6,700 in a 30-day period.
1. Both April & May saw back-to-back benchmark peaks for 2025. 
3. Real benchmark decline started in August with a $27,300 reduction in 30 days.
4. In September the decline slowed showing signs of balance as a spike in sales leveled the playing feild. But supply remained high and other sellers felt pressure to reduce in order to sell which resulted in October's drop off. 
5. Now the benchmark price is 5.9% below December 2024 and the lowest it has been since January 2023, a 35 month low. 
6. Seven of the last 12 months have seen the benchmark price below the previous year.
7. Even with its pricing decline, for 9 months of 2025 townhouses were the best performing segment of the market in Port Coquitlam. 
8. Even with solid supply decreases downward pressure persists due to cautious buyers and the tail end of historically high supply. 
9. The main question now...has the benchmark price reached its bottom? Supply is close to normalizing so it mainly comes down to buyer activity. And unfortunately the phycological underpinnings of buyers can be fickle and unpredictable. A lot rides on supply remaining stable and buyers taking a more active roll in the early 2026 market. For now the benchmarks trajectory is a question mark. 

Townhouse Benchmark Pricing:

1. November: $933,200
2. December:$940,700
3. January: $924,200
4. February: $950,000
5. March: $950,700 
6. April: $955,400
7. May: $956,300
8.  June: $949,600
9. July: $945,200 
10. August: $917,900
11. September: $913,800
12. October: $884,300
13. November: $893,500
14. December: $882,800

 

Summary:

Port Coquitlam closed out 2025 on softer footing, with benchmark prices falling across all housing types, sales fading, and supply continuing to contract. After November’s brief lift, December brought a renewed pullback—leaving buyers hesitant and the market still searching for a clear bottom heading into the new year.

Detached homes slipped back into decline, marking the lowest benchmark of 2025 and the weakest pricing since early 2023. Values are now down $77,500 from February’s peak and roughly $36,500 below December 2024. While inventory has been cut sharply for a second straight month, sales have cooled, leaving excess listings relative to demand and keeping pressure on prices.

Townhouses followed a similar path. After three months below $900,000, December pushed the benchmark to a 35-month low, now 5.9% under last year’s level. Supply is falling quickly, but cautious buyers and lingering high inventory have so far prevented a rebound, making it unclear whether a true bottom has formed.

Condos remain the most fragile segment. December marked another new low, leaving prices at their weakest point since early 2022 and more than 5% below last year. Although listings have been declining for seven straight months, sales have slowed again, and high inventory relative to demand continues to cap any recovery.

Overall, December reinforced a familiar theme from the end of 2024: shrinking supply, hesitant buyers, and prices still grinding lower. With benchmarks at multi-year lows across all segments, the opening months of 2026 will hinge on whether renewed buyer activity can absorb the remaining inventory—or whether further price adjustments will be needed before confidence returns.

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