Tri-Cities Real Estate Market Report — August 2026 | Sebastian Czarkowski REALTOR®
Tri-Cities Real Estate

Coquitlam, Port Moody & Port Coquitlam Real Estate Market Update — August 2026

The Tri-Cities real estate market in August 2026 shows a well-supplied but measured landscape, with Coquitlam alone carrying 797 active attached listings at an average list price of $787,453 and 448 active detached homes averaging $2,049,919. Across all three municipalities — Coquitlam, Port Moody, and Port Coquitlam — homes that do sell are closing very close to asking price, with sale-to-list ratios ranging from 96.47% to 98.23%, signalling that realistic pricing still attracts buyers. With trailing 30-day sales of 71 attached units in Coquitlam and notably softer detached activity throughout the region, August 2026 is clearly a market that rewards preparation on both sides of the transaction. Browse current Tri-Cities listings →

For buyers, the elevated days-on-market figures — 100 days for Coquitlam detached, 78 days for Port Moody detached, and 73 days for Port Coquitlam detached — indicate meaningful negotiating time that was largely absent in prior years, and median sold prices sitting below average list prices in most categories confirm that selective offers are landing. Port Coquitlam attached homes, with a median sold price of $587,000 against an average list of $711,470, represent the most affordable attached entry point across the Tri-Cities this month, making that market particularly worth watching for first-time buyers and investors. Sellers, meanwhile, should note that Port Moody detached homes achieved the highest SP/LP ratio in the region at 98.23% despite only 4 sales in 30 days, underscoring the premium buyers will still pay for well-positioned Port Moody houses — but thin volume means comparable data is limited and pricing precision is critical. Port Coquitlam detached posted the lowest SP/LP ratio at 96.47%, which, combined with 173 active listings against just 6 sales, suggests a supply-heavy detached segment where overpricing carries real risk of extended market time. Overall, August 2026 favours informed, data-driven decision-making more than headline market narratives.


Attached market — condos, townhomes & duplexes

Tri-Cities attached real estate data as of August 3, 2026.

Coquitlam

Active listings797
Avg list price$787,453
Avg DOM (active)67 days
Sales (30d)71
Median sold$689,900
Avg SP/LP97.97%

Port Moody

Active listings200
Avg list price$827,411
Avg DOM (active)59 days
Sales (30d)20
Median sold$802,450
Avg SP/LP97.56%

Port Coquitlam

Active listings225
Avg list price$711,470
Avg DOM (active)62 days
Sales (30d)20
Median sold$587,000
Avg SP/LP97.20%

Detached market — single-family homes

Tri-Cities detached real estate data as of August 3, 2026.

Coquitlam

Active listings448
Avg list price$2,049,919
Avg DOM (active)100 days
Sales (30d)24
Median sold$1,782,500
Avg SP/LP97.92%

Port Moody

Active listings135
Avg list price$2,645,152
Avg DOM (active)78 days
Sales (30d)4
Median sold$1,775,400
Avg SP/LP98.23%

Port Coquitlam

Active listings173
Avg list price$1,479,283
Avg DOM (active)73 days
Sales (30d)6
Median sold$1,494,500
Avg SP/LP96.47%

Coquitlam Attached: Highest Volume, Competitive Prices

Coquitlam’s attached segment led the Tri-Cities in raw sales activity with 71 transactions in the trailing 30 days as of August 2026, out of 797 active listings. The median sold price of $689,900 sits noticeably below the average list price of $787,453, indicating that mid-range and entry-level units are driving closings while higher-priced listings linger. A 97.97% SP/LP ratio shows buyers are negotiating modest but real discounts. At 67 average days on market, patient buyers have room to conduct due diligence without losing deals overnight.

Port Moody Detached: Premium Prices, Very Thin Volume

Port Moody’s detached market recorded just 4 sales over the trailing 30 days in August 2026, yet commanded the region’s highest average list price at $2,645,152 and the top SP/LP ratio of 98.23%. The median sold price of $1,775,400 reflects that the homes actually transacting sit below the average ask, meaning the upper end of the market is sitting. With 135 active listings and only 4 sales, the months-of-supply is extremely elevated, and sellers who price at or near market reality are the ones closing — everyone else is contributing to the 78-day average DOM.

Port Coquitlam: Most Affordable Entry Point in the Tri-Cities

Port Coquitlam offers the lowest price points across both attached and detached categories in August 2026. Attached units carry an average list of $711,470 with a median sold price of $587,000, and detached homes have an average list of $1,479,283 with a median sold of $1,494,500 — the only segment in the Tri-Cities where the median sold price modestly exceeds the average list, suggesting competitively priced detached listings are attracting offers. The 96.47% SP/LP on detached is the lowest in the region, meaning buyers are successfully negotiating roughly 3.5 cents on the dollar off asking, a useful benchmark for offer strategy.

Days on Market Tell the Real Story Across the Tri-Cities

Average DOM in August 2026 ranges from 59 days (Port Moody attached) to 100 days (Coquitlam detached), and these figures are critical context that list prices alone cannot provide. A 100-day average DOM on Coquitlam detached homes — with only 24 sales against 448 active listings — means buyers have genuine leverage and timeline flexibility. Even the fastest-moving segment, Port Moody attached at 59 days, is not a rush environment by historical Tri-Cities standards. Sellers across all three cities need to factor extended carry costs into their net-proceeds calculations and price from day one rather than testing the market at aspirational figures.


Common questions answered

What is the average home price in Coquitlam in August 2026?

In August 2026, the average list price for attached homes in Coquitlam is $787,453, with a median sold price of $689,900. For detached homes, the average list price is $2,049,919 and the median sold price is $1,782,500, based on MLS® data through August 3, 2026.

How long are homes sitting on the market in Port Moody in 2026?

As of August 2026, attached homes in Port Moody are averaging 59 days on market before selling, while detached homes are averaging 78 days on market. These figures reflect the trailing active listing data from the Paragon MLS® system as of August 3, 2026.

Is it a buyer’s or seller’s market in the Tri-Cities right now in 2026?

The Tri-Cities real estate market in August 2026 favours buyers in most segments. Coquitlam detached has 448 active listings and only 24 sales in the last 30 days, Port Coquitlam detached has 173 active listings and just 6 sales, and average days on market range from 59 to 100 days across the region — all indicators of a buyer-advantaged environment with room to negotiate, evidenced by SP/LP ratios ranging from 96.47% to 98.23%.

What is the cheapest area to buy a home in the Tri-Cities in August 2026?

Port Coquitlam is the most affordable municipality in the Tri-Cities in August 2026. Attached homes there have a median sold price of $587,000, compared to $689,900 in Coquitlam and $802,450 in Port Moody. For detached homes, Port Coquitlam’s median sold price of $1,494,500 is also the lowest of the three cities.

Are homes selling below asking price in Port Coquitlam and Coquitlam in 2026?

Yes. In August 2026, homes in Port Coquitlam are selling at 97.20% of list price for attached and 96.47% for detached, meaning buyers are on average negotiating approximately 2.8% to 3.5% below the asking price. In Coquitlam, attached homes are selling at 97.97% of list and detached at 97.92% of list, reflecting modest but consistent discounts from asking prices across both property types.


More Tri-Cities market data


Sebastian Czarkowski

REALTOR® · Royal LePage Elite West · Coquitlam, BC

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Data sourced from the Paragon MLS® system · as of August 3, 2026 · For educational purposes only. Not intended as financial or legal advice.
Sebastian Czarkowski, REALTOR® | Royal LePage Elite West | sebastianrealestate.ca