Port Coquitlam Market:

October 2025 vs 2024 

Supply and days on market decrease, attached prices dip, detached prices stable.

Low stable prices in detached market help triple the number of sales seen in September.

Attached market: despite price decrease condo sales drop, towenhouse prices hit new low & spure sales increase.

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. October marked the fifth month in a row the benchmark is down, and only the third time it has dipped below 900k since March 2023. It has now dropped $57,700 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 (as of now) August stands as the benchmark low point. And the past 60 days have seen the benchmark increase a modest $8,200. Despite this increase the benchmark has still dropped $55,700 since the February peak.
3. Condo: In October the condo market continued to trend downwards, however the pace has slowed to a crawl. The benchmark has decreased $34,400 since June.
1. The 2025 benchmark high was $645,400 back in January. October's benchmark is now $41,500 below the high.
2. Over the last four months the condo market has undergone a massive shake-up with a 6.4% average price drop in just 120 days. The main questions now is...will the benchmark drop below 600k for the first time since December 2022. 
3. The benchmark is currently the lowest is has been since December 2022. Sitting just $4,700 above that benchmark.
4. The benchmark has only dipped below $610,000 three times since March 2022.
5. Until July it had been well over 18 months since the benchmark had fluctuated more than $20,000 cumulatively. 
6. Supply came down for the third month in a row. While the October drop was more substantial supply is still high. 
7. While October sales did not maintain Septembers high activity remains strong. Indicating that the new benchmark price is attracting buyers. 

 Port Coquitlam Market Snapshot (a review):

1. Over the last six months the real estate market in Poco has developed as follows:
1. After two months of minor pricing decreases May brought an increase to the detached market and condo dipped. Supply remains high, but the rate of increase has decreased. Number of sales dipped for both detached homes and condos while it held for townhouses.
2. The big story for June is the detached market’s benchmark price decrease; it was large and out of character for the year. The second shift would be narrowing supply & strengthening sales. Supply is still overblown compared to 2024 and sales are still minorly below the previous year. But June marks the first true month of correction in 2025. Buyers are assisting the market tighten.
3. 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. 
4. 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.
5. 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.
6. 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 stabilize at a 2-year low which boosted sales.

Year-over-year Comparison:

• June-August saw detached prices tumble in a very similar fashion to the 90-day decline between October & December of last year.
1. The last 3 months of 2024 saw the detached benchmark drop $77,400.
2. June-August saw the benchmark drop $55,400. 
1. While the 2025 summer decline was less aggressive than it was for year-end 2024 the current benchmark is still $14,700 below where it was in December 2024 right before it started to rebound. 
3. For the sixth month in a row the 2025 benchmark has dipped below what it was in 2024. The last time detached homes dipped below the previous year's benchmark was June 2023.
4. The last time the detached benchmark was this low was April 2023 when it was $1,354,300. Outside of September the current detached benchmark is at a 30 month low. 

• 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 Coquitla,
3. Then August saw townouses take their first real hit of 2025. A benchmark tumble of $27,300.
4. In the 60 days since then the benchmark has once again landed below 900k & now sits just 1.8% above the 2024 bottom-out.
5. Year-over-year sales 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 in 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. Each of the last 4 months has marked a new lowpoint for the condo market. Shattering 1.5 years of stability.
3. October's benchmark is $23,100 lower than Nov 2024. 
2. Now the benchmark is the lowest it has been since December 2022 when it was $599,200. A 34 month low. 
3. For the fifth month in a row active listings are down & even with choice narrowing prices are still decreasing.
4. After seeing sales increase in September, after a dead-slow August, October cooled slightly.
5. Sales are down 4% year-over-year with days on market up by nearly 95%. Active listings are about even while prices have dropped 5.4% compared to October 2024.

Overall Supply & Sales Update:

 
Compared to the same time last year supply has increased: 

• Detached: +0.5%
• Condo: +0.9%
• Townhouse: +29.6%

Supply is down when October is compared to September :

• Detached: 9 less listings than in Septeber
• Condo: 18 less listings than in September
• Townhouse: 13 less listings than in September

Compared to the same time last year sales are down:

• Detached: -15.4%
• Condo: -4%
• Townhomes: -20.8%

Sales vary month over month (compared to September):

• Detached: 15 more sales than September (up over 310%)
• Condo: 5 less sales than September
• Townhouse: 8 more sales than September

••• 

Detached Market Update:

1. October 2025 vs 2024 sees the detached benchmark price decrease by $92,100.
2. Starting in June the detached market turned. 
3. Since the 2025 peak in February the benchmark price has declined $55,700.
1. In the last 30 days the benchmark increase was minor. Just $3,000.
4. From January to May the benchmark was stable only fluctuating within a $19,000 window, but now, aside from September, the benchmark price is the lowest it has been since April 2023.
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. While it could have gone either way it ended up being a rebound month. Buyers, at least temporarily returned. 
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, but it is also just the beginning. No trajectory is set in stone yet. 

Detached Home Benchmark Pricing:

1. October: $1,456,900
2. November: $1,392,700
3. December: $1,379,500
4. January: $1,401,100
5. February: $1,420,500
6. March: $1,418,500
7. April: $1,408,900
8. May:  $1,412,000
9. June: $1,382,900
10. July: $1,359,500
11. August: $1,356,600
12. September: $1,361,800
13. October: $1,364,800

•••

Townhouse Market Update:

1.  The townhouse market has now come full circle. October 2024 was the benchmark low for last year, and as of now October 2025 is 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 is the result of a 5 month decline after peaking in May and  it marks a return to the $800,000s.
3. When the benchmark dipped below 900k in Oct 2024 and March 2023 it quickly started to rebound. Unless the current market breaks the trend we may be at the benchmark bottom of the current townhouse cycle.
4. Sales increased in October compared to September, and supply came down. If that continues through November we should see prices stabalize. However, with the holiday season upcoming buyers could be nearing a break.
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 higher and other sellers felt pressure to reduce in order to sell which resulted in October's drop off. 
5. Now the benchmark price is 1.8% October 2024 which was the lowest benchmark since Jan 2023, a 33 month low. 
6. Five of the last 12 months have seen the benchmark price below the previous year, but October shows year-over-year growth due to the October 2024 drop.
7. Even with its pricing decline for 9 months of 2025 townhouses were the best performing segment of the market in Port Coquitlam. 
1. In September the townhouse market showed increasing month-over-month sales and a relatively stable price/supply.
2. The one saving grace for the townhouse market this October was strong sales.
8. The main question now...has the benchmark price reached its bottom? Or does it have farther to fall before it begins to trend upwards starting a new cycle? Buyers & holiday market activity will determine if there is further to fall. 

Townhouse Benchmark Pricing:

1. November: $936,600
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: $898,600

 

Summary:

Port Coquitlam’s real estate market showed early signs of stabilization in October as sales improved and both supply and days on market eased. Detached prices held steady at two-year lows, while attached segments saw continued price pressure. With inventory tightening and activity firming, October hinted that the market may be finding its footing heading into winter.

Detached homes led the rebound, tripling September’s sluggish sales as steady pricing drew buyers back. The benchmark, now $1,364,800, sits $55,700 below February’s peak, $92,100 below October 2024…but, on a positive note, it has edged up $8,200 since August. While far from a full recovery, signs of balance are emerging as listings ease and buyers cautiously re-engage.

Townhouses, after peaking in May, have come full circle. October’s $898,600 benchmark introduces a return to below $900,000’s pricing—a level reached only twice since early 2023. Stronger sales and declining supply suggest the market may be nearing a bottom, potentially setting up for stabilization through winter. Both previous times the benchmark dipped below $900,000 a rebound was around the corner.

Condos remain under the most pressure. The benchmark has fallen $34,400 since June and now sits just $4,700 above December 2022, a 34-month low. Activity cooled slightly in October, but continued demand hints at a possible floor forming.

Overall, Port Coquitlam’s market is cautiously tightening after months of oversupply. Detached homes are steady, townhouses are potentially close to turning, and condos are still correcting—but balance feels closer than it has all year.

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