Coquitlam Condo Market Report – August 2023

Q: How many homes sold in Coquitlam in August 2023?

98 condo properties sold in Coquitlam during August 2023 based on MLS® records. There were 2,398 active listings at the start of the month. A total of 141 new listings came to market during the month.

Q: What is the average home price in Coquitlam?

The average condo sold price in Coquitlam in August 2023 was $717,215. Sold prices ranged from $425,000 to $1,685,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Coquitlam?

In August 2023, condo properties in Coquitlam averaged 22 days on the market before selling. With an absorption rate of 4.1%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Coquitlam market changed compared to last year?

The average condo sold price in Coquitlam in August 2023 was $717,215, up 6.8% year-over-year compared to August 2022 ($671,614). Sales volume was up 69% compared to the same month last year. Data is sourced from MLS® sold records.

Coquitlam is an active condo market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Coquitlam based on MLS® data.

← July 2023 Next month →

Units Sold

$717,215

Avg Sold Price

22d

Avg Days on Market

Buyer's Market

Market Condition

2,398 active at start of month 141 new listings Absorption rate: 4.1% Highest sold: $1,685,000 Lowest sold: $425,000

How Does August 2023 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
August 2023 (this report)	98	$717,215	22d
July 2023 month prior	117 -16.2%	$709,321 +1.1%	19d +15.8%
August 2022 year ago	58 +69%	$671,614 +6.8%	—

3-Year Price Trend — Coquitlam Condo

The Coquitlam condo real estate market was a Buyer's Market in August 2023, with 2,398 active listings at the start of the month, 98 properties sold, an average sold price of $717,215, properties averaging 22 days on market, an absorption rate of 4.1%. All data is sourced from MLS® sold records.

Recently Sold in Coquitlam

652 Whiting Way

Sold $455,000

1 bd • 1 ba • Apartment

525 Foster Avenue

Sold $453,000

1 bd • 1 ba • Apartment

375 Clayton Street

Sold $850,000

2 bd • 2 ba • Apartment

652 Whiting Way

Sold $520,000

1 bd • 1 ba • Apartment

2925 Glen Drive

Sold $510,000

2 bd • 1 ba • Apartment

525 Foster Avenue

Sold $430,000

1 bd • 1 ba • Apartment

Active Listings in Coquitlam

525 Foster Avenue

$695,000

2 bd • 2 ba • Apartment

602 Como Lake Avenue

$639,900

2 bd • 1 ba • Apartment

520 Como Lake Avenue

$499,900

1 bd • 1 ba • Apartment

570 Emerson Street

$659,000

2 bd • 1 ba • Apartment

750 Dogwood Street

$599,000

1 bd • 1 ba • Apartment

607 Cottonwood Avenue

$689,900

2 bd • 2 ba • Apartment

Top Buildings in Coquitlam

Fraser Mills

4,700 units

Clarke & Como

1,203 units

Burquitlam Park District - Phase 1

Grand Central 3

Lakeside Terrace

Lakeside Terrace

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Coquitlam specialist

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Related: Coquitlam Condo Archive → Live Market Stats → All BC Reports →

Frequently Asked Questions — Coquitlam August 2023

Is it a good time to buy in Coquitlam? −

In August 2023, the Coquitlam condo real estate market is classified as a Buyer's Market with an absorption rate of 4.1%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Coquitlam in August 2023? +

What is the average home price in Coquitlam? +

How long are homes sitting on the market in Coquitlam? +

How has the Coquitlam market changed compared to last year? +

Last Update: 06/03/2026 Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.