Port Coquitlam Market:

February 2026 vs 2025

The 2026 market crawls to life.

Increased sales at the expense of price.

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: In 2025 the townhouse benchmark price peeked in May (It is now $91,800 below this peak). So far 2026 has only seen a sub-900k benchmark; this is the seventh time since March 2023 the benchmark has dipped below 900k. Five of the seven months it has been below 900k have been the last five consecutive months. Townhouses are now just over a 4-year pricing low.
2. Detached: The 2025 benchmark peaked in March (we are now $71,500 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.
3. Condo: The 2025 benchmark high was in January (we are now $56,500 below that price). For the last 6 months of 2025 the condo market took a sudden and large turn downwards. The benchmark is now at exactly a 4-year low.
   1. The benchmark has now 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.
   2. The last time the benchmark spent this much time below 600k was before it ever surpassed $600,000…going back to February 2022.
   3. 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):

1. Over the last six months the real estate market in Poco has developed as follows:
1. 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.
2. 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.
3. 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.
4. 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. 
5. 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.
6. 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.

Year-over-year Comparison:

• Every major metric is suffering year-over-year for detached homes. The benchmark price is down $71,100 compared to Feb 2025. The last time it was this low was April 2023 when it was $1,339,000, meaning the current benchmark is at a 34-month low. Both supply and days on market have increased while sales are down over 55% year-over-year.
• Compared to Feb 2025 the townhouse market is in a mixed place. The largest negative impact is a nearly 9% price decrease. Supply is up by 20% while sales have exploded by over 122% (however Feb 2025 was the slowest sales month of the year).  The only upside is that days on market are still down year-over-year.
•  Just like detached homes, condos are down year-over-year in every major metric. 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 28% while sales are down 42.9%...this is not a spread you want to see if you are hoping the benchmark will increase. The gap has decreased compared to what it was last month in January…but it is still far from in a good place.

Overall Supply & Sales Update:

 
Compared to the same time last year supply is up: 

• Detached: +1.4%
• Condo: +28.7%
• Townhouse: +20%

Supply varies when February is compared to January:

• Detached: 19 more listings than in January
• Condo: 5 more listings than in January
• Townhouse: 9 less listings than in January

Compared to the same time last year sales vary:

• Detached: -55.6%
• Condo: -42.9%
• Townhomes: +122.2%

Sales vary month over month (compared to January):

• Detached: 3 less sales than January
• Condo: 5 more sales than January
• Townhouse: 15 more sales than January

••• 

Detached Market Update:

1. February 2026 vs 2025 sees the detached benchmark price decrease by $71,100.
2. Since October there have been four months where the benchmark has been below April 2023 ($1,354,300). This means the detached benchmark is now at a 35-month low.
3. 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 now in February it has increased again.
• October 2025 presented a strong month for sales (22 total) however the number of monthly sales has largely decreased each month since…
• November 20 total.
• December 17 total
• January 11 total.
• February 8 total.
4. Last time the benchmark was this low there were only 66 active listings. Currently there are 77 more listings in February when compared to April 2023. 
5. The market needs a refresh. Fewer new listings, and an active buyer pool to purchase the remaining stock. That way, hopefully, spring can start on fresh footing.
6. In the last month the benchmark price has increased $6,900.

Detached Home Benchmark Pricing:

1. March: $1,418,500
2. April: $1,408,900
3. May:  $1,412,000
4. June: $1,382,900
5. July: $1,359,500
6. August: $1,356,600
7. September: $1,361,800
8. October: $1,349,400
9. November: $1,358,700
10. December: $1,343,000
11. January: $1,340,100
12. February: $1,347,000

•••

Townhouse Market Update:

1. Between February and July of last year the townhouse market was rock solid with the benchmark never fluctuating more than $6,700 in a 30-day period.
2. From August to January the townhouse market has been was plagued with high supply & slow sales which put downward pressure on pricing.
3. Despite the benchmark price taking another step down in February, the month wasn’t all bad news.
• After a supply jump in January, and the lowest number of sales since December 2023…February say a massive uptick in sales and a marginal decrease in supply.
• The increase in sales numbers likely came at the cost of sellers allowing their properties to sell lower than they had initially intended.
4.   Now the benchmark price is 8.7% below February 2025, the lowest it has been since December 2021, just over a 4 year low. 
5. The benchmark price has now been under 900k for five straight months. The last time it dipped below 900k was October 2024…and within one month it began its climb back up.
6.  Even with active listings decreasing and sales increasing the benchmark is now firmly below 900k and it will likely take a substantial market shift to bring the benchmark back above that threshold.
• February 2021 to February 2022 saw the townhouse benchmark increase almost 35%. The current market situation could be part of a larger correction to re-balance prices prior to 2022’s all-time peak where the benchmark dropped from a low of ~660k in 2021 to a high of over $1,031,000 in 2022.

Townhouse Benchmark Pricing:

1. March: $950,700 
2. April: $955,400
3. May: $956,300
4.  June: $949,600
5. July: $945,200 
6. August: $917,900
7. September: $913,800
8. October: $884,300
9. November: $893,500
10. December: $882,800
11. January: $870,000
12. February: $864,500

 •••

Condo Market Overview:

1. For roughly two years, until July of last year,  the condo market was the stable bedrock of Port Coquitlam.
• Now six of the last eight months have marked new low points for the condo market. 
2. February’s benchmark is $41,900 lower than Feb 2025. A 6.6% dip.
3. Now the benchmark is the lowest it has been since February 2022 when it was $588,400. A 48-month low…. a 4 year low.
• There are currently 76 more listings compared to Feb 2022 when condos were last at a 588k benchmark.
4. For eight of the last nine months active listings have been decreasing. January 2026 saw the only monthly increase.
5. Month over month sales declined for four straight months & February was the first monthly sales increase since September of last year. There were 5 more sales in February than there were in January.
6. Sales are down 42.9% year-over-year, coupled with 28.7% more supply when compared to Feb 2025. High supply and low sales is not an ideal mix for sellers, but with Feb’s sales increase perhaps we are beginning to see buyers return for a spring boost.
7. February is now the 5th 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 showed its first signs of life in February, though the early momentum came largely at the expense of pricing. After a slow start to the year, activity improved in parts of the market, but benchmarks across all three segments remain well below their 2025 highs and in several cases are now sitting at roughly four-year lows.

Detached homes survived February as the most stable segment, though conditions are still unbalanced. The benchmark sits at $1,347,000, about $71,100 below February 2025 and a 35-month low. February did bring a modest $6,900 monthly rebound, but sales have now declined for four straight months, falling from 22 in October to just 8 in February, while supply has begun rising again.

Townhouses continue to face the most visible pricing pressure. The benchmark has now stayed below $900,000 for five consecutive months, landing at $864,500, its lowest point in just over four years and 8.7% below February 2025. However, February also saw sales surge sharply while supply edged down, suggesting some buyers are returning as prices adjust.

Condos remain the most fragile segment. The benchmark is now at a 48-month low, $41,900 below February 2025, and has remained under $600,000 for five straight months. Sales improved slightly in February, but listings are still up nearly 29% year-over-year while sales are down 42.9%, continuing to weigh on prices.

Overall, February delivered a mixed signal: small signs of renewed activity alongside benchmarks still hovering at 3-4 year lows. For now, the market continues to navigate a period of elevated supply, cautious buyers, and gradual price recalibration as it moves toward the spring season.

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