Coquitlam Presale Condo Market Update: November 2026

Coquitlam's apartment benchmark price was $640,100 in September 2026 — down 7.3% from a year ago and 59.8% above where it stood ten years ago — while Metro Vancouver's sales-to-active ratio sat at 10.9%, below the 12% line GVR says signals downward price pressure. For presale buyers, that means leverage: you have time, choice and room to negotiate. Coquitlam, Port Coquitlam and Port Moody: September 2026 snapshot Greater Vancouver REALTORS® GVR published its September numbers on October 2, 2026. Here is how the Tri-Cities apartment and townhouse segments — the ones presale buyers actually compete in — compare. Area Apartment benchmark YoY Townhouse benchmark YoY Coquitlam $640,100 -7.3% $976,600 -6.5% Port Coquitlam $550,000 -9.0% $834,300 -7.8% Port Moody $676,200 -4.9% $940,900 -5.2% Metro Vancouver $682,500 -6.2% $1,016,700 -4.7% Source: GVR September 2026 statistics package. Benchmark prices are GVR's HPI figures for resale homes; they are a market gauge, not a presale price list. Sales are thin and inventory is heavy Coquitlam recorded 141 sales across all home types in September, down 14.5% from 165 a year earlier. Apartment sales there fell from 76 to 62. Port Coquitlam sales dropped 25.7% to 55, with apartments falling from 29 to just 13. Port Moody was the outlier: 46 sales, up 4.5%. Across Metro Vancouver, 1,717 homes sold — 25% below the 10-year seasonal average of 2,289 — while 16,394 homes were active, 24.3% above the 10-year average of 13,186. Apartment sales fell 18.6% year over year. GVR's chief economist noted all segments are now about 3% lower since January. What this means for a presale buyer Resale is your price ruler Resale apartments near the Evergreen Line already price in the SkyTrain premium. Compare a presale's price per square foot with nearby resale before you accept a "future value" story. Time is on your side With a sales-to-active ratio under 12%, no one is forcing you to sign this week. Presale incentives and pricing terms tend to be most negotiable when resale competition is soft. Watch the completion gap If you sign today for a 2028 completion, your lender appraises the unit then. If resale values keep easing, the appraisal can land below your contract price and you must cover the gap. Stack the tax savings The tax relief available to a…

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