New Horizons, Coquitlam Townhouse Market Report – August 2022

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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3
Units Sold
$1,145,000
Avg Sold Price
25d
Avg Days on Market
Balanced Market
Market Condition
19 active at start of month 2 new listings Absorption rate: 15.8% Highest sold: $1,360,000 Lowest sold: $830,000

How Does August 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2022 (this report) 3 $1,145,000 25d
July 2022 month prior 1 +200% $1,208,000 -5.2% 61d -59%

3-Year Price Trend — New Horizons, Coquitlam Townhouse

The New Horizons, Coquitlam townhouse real estate market was a Balanced Market in August 2022, with 19 active listings at the start of the month, 3 properties sold, an average sold price of $1,145,000, properties averaging 25 days on market, an absorption rate of 15.8%. 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 August 2022

In August 2022, the New Horizons, Coquitlam townhouse real estate market is classified as a Balanced Market with an absorption rate of 15.8%. The market in New Horizons, Coquitlam is currently balanced. Both buyers and sellers have reasonable negotiating positions. 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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