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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

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.

Find a mortgage broker in Coquitlam, BC
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

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