Coquitlam sits at the heart of the Tri-Cities area, roughly 20 kilometres east of downtown Vancouver. Over the past decade it has transformed from a mid-tier suburb into one of Metro Vancouver's most dynamic real estate markets, driven by SkyTrain expansion, significant condo development around Lincoln Station and Burquitlam, and ongoing demand from families priced out of Vancouver and Burnaby.
Coquitlam's real estate market in 2025 is characterized by stabilizing prices after years of rapid growth, with pockets of strong demand near SkyTrain stations. Detached homes in Coquitlam remain expensive by national standards, while condos and townhouses offer relatively better value within Metro Vancouver.
| Property Type | Approximate Benchmark Price 2025 |
|---|---|
| Detached House | $1,550,000 – $1,900,000 |
| Townhouse | $850,000 – $1,150,000 |
| Apartment/Condo | $580,000 – $780,000 |
Prices vary considerably by neighbourhood. The western side of Coquitlam (Burquitlam, Maillardville) tends to be more affordable and has seen the most new development, while central Coquitlam and the Burke Mountain area command premium pricing.
A master-planned community in north Coquitlam developed primarily over the past 15 years. Burke Mountain offers large, newer detached homes and townhouses with mountain views. It is popular with families, but lacks SkyTrain access and has limited commercial amenities — a car is essential. Prices here are among the highest in Coquitlam.
The fastest-changing neighbourhood in Coquitlam, Burquitlam has seen a wave of high-rise condo development since the opening of the Evergreen Line. The Burquitlam Station area now has multiple towers completed and more under construction. Condos here are the most affordable entry point in Coquitlam, and the area is walkable and transit-connected.
The older, established residential heart of Coquitlam. A mix of ranchers, split-levels, and newer infill properties. Strong school catchments and a suburban feel. Higher detached prices reflect the desirability and proximity to Coquitlam Centre.
One of BC's oldest francophone communities, Maillardville is in west Coquitlam near New Westminster. Older homes are more affordable than elsewhere in Coquitlam and the area is seeing gradual gentrification and condo development.
An upscale neighbourhood on the plateau above central Coquitlam. Large homes, golf course, and newer builds. Strong appeal for families looking for space and quieter streets, though far from transit.
The Evergreen Extension of the Millennium Line runs through Coquitlam with stops at Burquitlam, Moody Centre (Port Moody), Inlet Centre, Coquitlam Central, and Lincoln. Properties within walking distance of SkyTrain — particularly condos — command a premium of roughly 5–15% over comparable properties farther away. First-time buyers should weigh the convenience premium against the cost.
Note: Coquitlam's Property Transfer Tax follows BC rates: 1% on the first $200,000, 2% on $200,000–$2,000,000, and 3% above $2,000,000. First-time buyers may qualify for the First-Time Home Buyer exemption on homes under $835,000.
Coquitlam has an active presale condo market, particularly around Burquitlam Station and the Lincoln Station area. Presales offer the ability to lock in a price today with possession 2–3 years out, but carry risks including construction delays, market shifts, and GST on the full purchase price. Resale condos avoid these risks but may cost more upfront.
Almost all condos and most townhouses in Coquitlam are strata properties. Monthly strata fees typically range from $300–$600 for condos and $200–$450 for townhouses, depending on building amenities and age. Always review the strata minutes and depreciation report before making an offer.
School district 43 (Coquitlam) is one of the larger districts in BC. Popular catchments in areas like Ranch Park and Scott Creek affect home prices. Buyers with children should confirm current catchment boundaries with the school district.
The market has cooled from its 2022 peak but remains active. Properly priced, well-presented homes still sell within reasonable timeframes. Days-on-market have increased from the frenzied 2021–2022 period, giving buyers more negotiating room. Sellers should price based on recent comparable sales rather than peak-year expectations.
For buyers who need more space than Vancouver or Burnaby condos offer but want SkyTrain access and urban amenities, Coquitlam offers one of the better value propositions in Metro Vancouver. The Burquitlam area in particular has strong transit, improving walkability, and lower entry prices than many comparable Burnaby locations. Burke Mountain suits families who prioritize space and newer construction over transit convenience.
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