Real Estate Market Report for
Coquitlam, BC

Updated : Aug 2016
House
  • Median price $1,188,000
  • Monthly growth 41.44 %
  • Quarterly trend
  • Stock on market 0.73%
Apartment
  • Median price $458,000
  • Monthly growth 7.76 %
  • Quarterly trend
  • Stock on market 0.48%
Coquitlam Home Price

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The median asking price in Coquitlam is $1,188,000, a substantial increase over the median three months ago which was $1,190,000 .

While the median for British Columbia is $519,000 , which means that Coquitlam’s median price is $1,188,000 considerably better than the rest of the province.

Investors looking for properties in Coquitlam are most likely to find 4 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.

There are 359 neighbourhoods that have more properties on sale than Coquitlam at the moment in British Columbia which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

When we look at the data we have, it can help with trying to establish whether or not Coquitlam is a good investment target.

In Coquitlam, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

Canada’s national median home listing price this month is $244,900, which means that Coquitlam is in the top 20% for Canada.

Want a cheaply priced house? Then at $458,000 this month, Coquitlam, British Columbia is definitely not for you price wise.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

Across British Columbia Coquitlam has the 7th most properties on offer with 124.

It’s never an exact art, but to try to forecast how property is going to appreciate in Coquitlam for investors, it’s important to look at data like:

The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

Beds Median price (House) Median price (Apartment)
1 bedroom $335,000
2 bedrooms $564,444 $476,500
3 bedrooms $893,900 $694,000
4 bedrooms $1,186,500 $909,000
5 bedrooms $1,299,000 $1,065,000
6 bedrooms $1,318,950
Demographics
  • Population in 2011126456
  • Population in 2006114565
  • 2006 to 2011 population change (%)10.4
  • Total private dwellings48083
  • Private dwellings occupied by usual residents45553
  • Population density per square kilometre1034
  • Land area (square km)122.3
  • Age Characteristics
    Total population by age groups 126455
    0 to 4 years 6490
    5 to 9 years 6710
    10 to 14 years 7500
    15 to 19 years 9170
    15 years 1725
    16 years 1790
    17 years 1840
    18 years 1900
    19 years 1915
    20 to 24 years 9090
    25 to 29 years 7935
    30 to 34 years 7445
    35 to 39 years 8200
    40 to 44 years 10415
    45 to 49 years 11175
    50 to 54 years 11110
    55 to 59 years 9160
    60 to 64 years 6985
    65 to 69 years 4755
    70 to 74 years 3740
    75 to 79 years 2820
    80 to 84 years 1960
    85 years and over 1800
    Median age of the population 40.3
    % of the population aged 15 and over 83.6
  • Marital Status
    Total population 15 years and over by marital status 105755
    Married or living with a common-law partner 62255
    Married (and not separated) 56265
    Living common-law 5985
    Not married and not living with a common-law partner 43500
    Single (never legally married) 30820
    Separated 2480
    Divorced 5565
    Widowed 4630
    Family Characteristics
    Total number of census families in private households 35880
    Size of census family: 2 persons 14850
    Size of census family: 3 persons 9070
    Size of census family: 4 persons 9240
    Size of census family: 5 or more persons 2725
    Total number of census families in private households 35880
    Total couple families by family structure and number of children 30335
    Married couples 27345
    Without children at home 9605
    With children at home 17740
    1 child 6755
    2 children 8475
    3 or more children 2505
    Common-law couples 2990
    Without children at home 1895
    With children at home 1095
    1 child 565
    2 children 385
    3 or more children 140
    Total lone-parent families by sex of parent and number of children 5545
    Female parent 4445
    1 child 2645
    2 children 1435
    3 or more children 365
    Male parent 1100
    1 child 695
    2 children 315
    3 or more children 90
    Total children in census families in private households 41985
    Under six years of age 7680
    6 to 14 years 12875
    15 to 17 years 5170
    18 to 24 years 10370
    25 years and over 5890
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 125015
    Number of persons not in census families 16815
    Living with relatives 3065
    Living with non-relatives only 4000
    Living alone 9750
    Number of census family persons 108200
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 14130
    Number of persons not in census families aged 65 years and over 4280
    Living with relatives 1140
    Living with non-relatives only 265
    Living alone 2875
    Number of census family persons aged 65 years and over 9840
    Total number of private households by household type 45550
    Census-family households 34185
    One-family-only households 29945
    Couple-family households 25615
    Without children 9515
    With children 16095
    Lone-parent-family households 4335
    Other family households 4235
    One-family households with persons not in a census family 2645
    Couple-family households 2055
    Without children 565
    With children 1490
    Lone-parent-family households 590
    Two-or-more-family households 1590
    Non-census-family households 11365
    One-person households 9750
    Two-or-more-person households 1625
    Total number of occupied private dwellings by structural type of dwelling 45550
    Single-detached house 20155
    Apartment, building that has five or more storeys 3535
    Movable dwelling 290
    Other dwelling 21575
    Semi-detached house 1380
    Row house 3875
    Apartment, duplex 6065
    Apartment, building that has fewer than five storeys 10230
    Other single-attached house 25
    Total number of private households by household size 45555
    1 person 9750
    2 persons 13400
    3 persons 8610
    4 persons 9075
    5 persons 3065
    6 or more persons 1655
    Number of persons in private households 125015
    Average number of persons in private households 2.7
Census 2011

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