The Tri-Cities market continued its gradual cooling trend this month, with slower sales activity and increasing inventory giving buyers more negotiating room. Detached home prices are showing the softest performance, while townhomes and condos remain steadier due to relative affordability and ongoing demand from local buyers.
Neighborhood demand remains highly lifestyle-driven. Port Moody continues to draw interest for its waterfront walkability and vibrant community hub, while Coquitlam sees steady activity near SkyTrain access and schools. Port Coquitlam remains a strong value-focused option for family-sized homes.
GREATER VANCOUVER SNAPSHOT
According to the Greater Vancouver REALTORS® board, October home sales were 14% lower year-over-year, with inventory up 13% from last year.
The sales-to-active listings ratio sits at 14.2%, placing the region firmly in balanced-to-buyer-leaning territory.
Prices have eased slightly across detached, townhouse, and condo segments.
With elevated inventory and a more deliberate pace to buyer activity, pricing continues to adjust across most market segments. Homes that are well-prepared and accurately priced are still achieving stable results.”
— Greater Vancouver REALTORS®
LOCAL MARKET HIGHLIGHTS
Port Moody
October 2025 Real Estate Overview
Takeaway: Port Moody remains desirable, but buyers are more selective and price-sensitive. Well-presented homes near transit and schools are selling fastest.
Coquitlam
October 2025 Real Estate Overview
Takeaway: Coquitlam’s detached market has softened the most, while well-located townhomes continue to attract steady interest.
Port Coquitlam
October 2025 Real Estate Overview
Takeaway: Port Coquitlam continues to offer strong relative affordability, especially for entry-level families seeking more space.
Maple Ridge
October 2025 Real Estate Overview
Takeaway: Detached homes continue to face downward pricing pressure due to elevated inventory and slower buyer urgency.
Pitt Meadows
October 2025 Real Estate Overview
Takeaway: The market here remains quieter overall, with fewer sales, but pricing stability is better in the townhouse segment.
WHAT THIS MEANS FOR YOU
For Buyers
You’re in a stronger position right now. More listings are available, and fewer competing offers mean you can take your time and negotiate. This is a good moment to revisit properties that have been sitting - many sellers are open to realistic offers.
For Sellers
Success now depends on accurate pricing and strong presentation. Buyers are comparing options more closely, so staged homes with clean photography and market-aligned pricing are the ones moving. If your home is listed but not getting traction, a strategic refresh can help.
READY FOR A CUSTOMIZED STRATEGY?
Whether you’re considering a move, comparing neighbourhoods, or simply watching the market, your situation is unique - and the right strategy depends on your timeline and goals.
Let’s talk about what makes the most sense for you.