New Horizons, Coquitlam Condo Market Report – July 2020

New Horizons is a vibrant and diverse residential neighbourhood in the heart of Coquitlam, BC, situated in close proximity to Coquitlam Centre mall, Lincoln SkyTrain station on the Evergreen Extension, and Town Centre Park — one of the region's premier urban parks. The neighbourhood features a broad mix of high-rise condos, mid-rise apartment buildings, townhouses, and some detached homes, making it one of Coquitlam's most transit-friendly and walkable communities. Town Centre Park's Lafarge Lake, sports fields, and recreation facilities provide exceptional green space amenity steps from residential towers. Coquitlam Centre provides extensive retail, dining, and services, with direct SkyTrain access to Burnaby and downtown Vancouver. New Horizons appeals to a diverse range of buyers including young professionals, families, students attending Kwantlen Polytechnic's nearby campus, and investors attracted by the neighbourhood's strong rental demand and continued development momentum.

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7
Units Sold
$621,571
Avg Sold Price
18d
Avg Days on Market
Seller's Market
Market Condition
28 active at start of month 24 new listings Absorption rate: 25% Highest sold: $697,000 Lowest sold: $583,000

How Does July 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
July 2020 (this report) 7 $621,571 18d
June 2020 month prior 9 -22.2% $618,076 +0.6% 22d -18.2%

3-Year Price Trend — New Horizons, Coquitlam Condo

The New Horizons, Coquitlam condo real estate market was a Seller's Market in July 2020, with 28 active listings at the start of the month, 7 properties sold, an average sold price of $621,571, properties averaging 18 days on market, an absorption rate of 25%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your New Horizons, Coquitlam specialist
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Frequently Asked Questions — New Horizons, Coquitlam July 2020

In July 2020, the New Horizons, Coquitlam condo real estate market is classified as a Seller's Market with an absorption rate of 25%. It is currently a seller's market in New Horizons, Coquitlam. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

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.

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