Housing Market Report for October 2021 Current Coquitlam MLS® stats indicate an average house price of $1,008,853 and 291 new listings in the last 28 days. As of today, Coquitlam housing data shows median days on market for a home is 17 days.
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Coquitlam Neighbourhoods by Region
Generically, Coquitlam neighbourhoods can be separated in to 6 main regions. Below are the geographical regions and what Coquitlam neighbourhood subareas are included.
Coquitlam West is the official REBGV subarea; but the Coquitlam West is a large subarea that can essentially be defined based on single family homes vs. high density. For a more common reference to the different names and areas within Coquitlam West, you can assume the following: Single Family Homes = Coquitlam West Low rise & high rise condos = Lougheed or Burquitlam (unofficial names)
City or Unofficial Coquitlam Neighbourhoods
COMMONLY REFERRED TO OR UNOFFICIAL NEIGHBOURHOOD NAME
Typically referring to North Coquitlam, but as per the City of Coquitlam’s website can also include: North Coquitlam, Scott Creek, Canyon Springs, New Horizons, Eagle Ridge, Upper Eagle Ridge & Hockaday collectively
Official Coquitlam Neighbourhoods as Defined by the Real Estate Board of Greater Vancouver
There are 23 (officially defined by the Real estate Board of Vancouver - REBGV) neighborhoods in Coquitlam. See below for neighborhoods known by locals but not included in this list.
Each neighbourhood in Coquitlam is different in terms of lifestyles, types of properties, housing mixes, amenities, access to transit, and community.
Canyon Springs : Canyon Springs is an slightly older neighbourhood (mid 1990's) in Coquitlam and is just below Westwood Plateau. Easy access to shops and transit.
Cape Horn: Cape Horn is an older neighbourhood on the Central/South side of Coquitlam with easy access to the freeway. A lot of the homes here are older.
Central Coquitlam: This neighbourhood is the heart of Coquitlam and is one of the largest subareas.
Chineside : This small subarea consists of detached homes that is family oriented.
Coquitlam East: Coquitlam East is a large subarea bordering schools, access to highways, and parks.
Coquitlam West: A rapidly developing urban hub bordering North Burnaby, Lougheed or Burquitlam.
Eagle Ridge CQ : Eagle Ridge is an area bordering Port Moody on the North west side, with a mix of commercial zones.
Harbour Chines : Bordering Central and West Coquitlam, Harbour Chines is a neighbourhood near parks and schools.
Harbour Place: Harbour Place is small subarea that borders Port Moody in Coquitlam, getting the best of both worlds.
Hockaday: Hockaday is a neighbourhood on the North side of Coquitlam consisting of detached homes nearby parks.
Maillardville : One of the oldest areas of Coquitlam, Maillardville offers easy accessibility to almost everything you need.
Meadowbrook: A smaller area with a mix of residential and commercial spaces close to the highway and shopping.
New Horizons : Nearby schools, parks, and recreation great with entry-level detached homes and young families.
North Coquitlam : The hustle and bustle of Coquitlam can be found in North Coquitlam, where the majority of highrises are.
Park Ridge Estates : A quiet, small subarea of larger homes and estates on the North East side near Burke Mountain.
Ranch Park: Ranch Park is a sloped subarea that stretches through Coquitlam and all the way over to Port Moody.
River Springs : River Springs is a smaller neighbourhood near Town Centre Park with a lovely outdoor feel.
Scott Creek : A lovely area with large detached homes, many bordering on the greenbelt. Family oriented.
Summit View: A residential area where many of the homes enjoy views of Port Moody and Coquitlam, as well as Mount Baker.
Upper Eagle Ridge : Another Coquitlam area bordering Port Moody, with easy access to everything you need.
Westwood Plateau: A community on the North side of Coquitlam with fantastic views and a mix of all types of homes.
Westwood Summit CQ : Westwood Summit is a small residential neighbourhood above Summit View.
Coquitlam (/koʊˈkwɪtləm/ koh-KWIT-ləm) is a city in the Lower Mainland of British Columbia, Canada. Mainly suburban, Coquitlam is the sixth-largest city in the province, with a population of 139,284 in 2016, and one of the 21 municipalities comprising Metro Vancouver. The mayor is Richard Stewart. Getting to know your Coquitlam neighbourhoods is not as straight forward as you may think. There are four distinct areas that make up Coquitlam by Region. (See Below) and 23 areas as defined by the RBGV.
They are Southwest Coquitlam, Northwest Coquitlam, Northeast Coquitlam and City Center.
Coquitlam City Centre – is the heart of Coquitlam. The City Centre is currently seen as the “downtown” for the Northern and some Central residents of Coquitlam, as it provides a full range of retail, office, recreational, educational, and cultural services.
Coquitlam has a Livability Score of 76/100, which is considered exceptional
Coquitlam crime rates are 36% lower than the British Columbia average
Cost of living in Coquitlam is 12% higher than the British Columbia average
Coquitlam real estate prices are 28% higher than the British Columbia average
Rental prices in Coquitlam are equal to the British Columbia average
Housing Market Report for March 2021
Current Coquitlam MLS® stats indicate an average house price of $1,046,487 and 489 new listings in the last 28 days. As of today, Coquitlam housing data shows median days on market for a home is 13 days.
What are the most expensive neighbourhoods in Coquitlam?
In Coquitlam, BC, the most expensive neighbourhoods to buy a home include Harbour Chines, Hockaday, Harbour Place and Central Coquitlam. Harbour Chines is the most expensive neighbourhood in Coquitlam with an average home price of $2,065,000.
What are the cheapest neighbourhoods to buy a home in Coquitlam?
The cheapest neighbourhoods to buy a home in Coquitlam include Canyon Springs, Maillardville, North Coquitlam and Coquitlam West. Canyon Springs is the most affordable neighbourhood in Coquitlam with an average home price of $824,000.
What are nearby cities to Coquitlam, BC? The closest cities to Coquitlam, BC include Port Coquitlam, Anmore,Port Moodyand Pitt Meadows. Out of the nearby Coquitlam cities, Anmore has the highest average home price of $2,915,000 and Port Coquitlam has the most affordable average home price of $992,000.
Where is Coquitlam?
Coquitlam is a city in the Tri-Cities ( Lower Mainland) that borders Burnaby and Port Moody to the west, New Westminster to the southwest, and Port Coquitlam to the southeast.
Thinking of Moving to Coquitlam?
Moving to a new province or country is tough when you don’t know what the neighborhoods are like. Moving to a large city like Coquitlam with 27 neighborhoods is hard enough, but the stress is multiplied when you are moving with your entire family and trying to make a decision that will impact your family for years if not decades.
You know how much you can afford for a home but finding the right neighborhood for you is still not so clear. You want a neighborhood with the right mix of families with children your age or you want to be close to the action, restaurants, shopping, parks etc.
We know everybody’s needs are so different. Everyone is in a unique situation with unique needs and we are here to help sort through that maze and guide you through.
Now that you’ve decided to move to Coquitlam, because of its diversity, access to restaurants and shopping, varying demographics etc, …lets find you the neighborhood that works for you.
Coquitlam is situated about 10 to 15 km (6.2 to 9.3 mi) east of Vancouver, where the Coquitlam River connects with the Fraser River and extends northeast along the Pitt River toward the Coquitlam and Pitt lakes.
Coquitlam’s geographic shape can be thought of as a tilted hourglass, with two larger parcels of land with a smaller central section connecting them.
Southwest Coquitlam comprises the original core of the city, with Maillardville and Fraser River industrial sector giving way to the large residential areas of Austin Heights whch contains Como Lake.
The Poirier Street area was the city’s original recreational centre with the Coquitlam Sports Centre, Chimo Aquatic and Fitness Centre, and sports fields located there, while City Hall was previously located further south in Maillardville.
Burke Mountain, Eagle Ridge, and 1,583 m (5,194 ft) tall Coquitlam Mountain form the northern boundary of the city. Coquitlam’s area, 152.5 square kilometers (58.9 sq mi), is about six times larger than either Port Moody or Port Coquitlam.
The population density in Coquitlam is 23136% higher than British Columbia
The median age in Coquitlam is 4% lower than British Columbia
In Coquitlam 22.18% of the population is Chinese
In Coquitlam 7.08% of the population is Korean
In Coquitlam 6.91% of the population is West Asian
Visible Minority Population
Data
Percent
Chinese
22.2%
Korean
7.1%
West Asian
6.9%
South Asian
5.5%
Filipino
3.7%
Immigrants By Place Of Birth
Data
Percent
China
8.8%
South Korea
5.4%
Iran
4.7%
Philippines
3.5%
Hong Kong
3.1%
Coquitlam Diversity
Coquitlam is one of the largest suburban communities in the Lower Mainland, east of Vancouver.
Coquitlam is a multicultural community that is popular with East Asian and South Asian immigrants and has a large population of Chinese and Persian residents.
To experience the vibrant culture of the Persian community, any Coquitlam local will recommend taking part in the Persian new year Fire Festival, a popular draw that involves the age old tradition of jumping through fire to burn people’s spirits in preparation for New Year.
Another cultural offering that highlights the unique and diverse character of Coquitlam includes the Place des Arts in the historic neighbourhood of Maillardville, which showcases the best of local arts as well as numerous cultural events.
Demographics
The city of Coquitlam, BC has a population of 150,891 and a population density of 1,228 people per square kilometre.
There are a total of 27 Coquitlam, BC neighborhoods.
The neighbourhood with the highest Livability Score is Ranch Park and the largest neighhorhood by population is Austin Heights.
The Coquitlam, BC neighborhood map is a great way to see which neighborhoods have a higher Livability Score compared to those with a lower Livability Score.
The school district covers an area of 120 square kilometres and serves a total combined population of 210,390 residents. It has over 4,000 full-time and part-time employees.
It has one of the highest graduation rates in the province, with 91.9% of students graduating in the 2013/14 school year.
The school test scores in Coquitlam are equal to the national average
There are approximately 58 public schools in Coquitlam
11.0% of people in Coquitlam have no certificate, diploma or degree
88.9% of people in Coquitlam have completed high school
31.9% of people in Coquitlam have completed a bachelor’s degree
School District No. 43 (Coquitlam) 550 Poirier St, Coquitlam BC V3J 6A7 Phone: 604-939-9201 Fax: 604-939-7828
Benchmark Price: The price of a “typical” home that would sell in the area at a specific point in time.
Days on Market Average: Gives us an idea of how quickly homes are selling.
Sales-to-Active Ratio: Helps determine whether it’s a seller’s, buyer’s or balanced market. Compares how many homes have sold in an area versus the amount of total active listings.
We use these statistics as indicators that tell us how the market is trending and how to value your home
Real Estate Market Performance
