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Coquitlam Real Estate Value Statistics

Get statistics, sold listings, values and more in Coquitlam.

As of April, 2019, there are 1005properties for sale, with an average of$1,214,507. Last Month 23properties were sold, for 21below list price, 2above list price.

Coquitlam is one and the largest city in what is known as Tri-Cities: Coquitlam, Port Coquitlam and Port Moody. It is located in the Lower Mainland of British Columbia, Canada where numerous opportunites for outdoor experiences can be experience. Its where city life meets wildlife, a mixture of urban and rural life.

Coquitlam Market Summary

There are currently  properties for sale on the market in Coquitlam, with a price range of $ -$

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Demographics

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139,284Population
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83.5 yearsLife Expectancy
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61.2 %Employment Rate
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6.1 %Unemployment Rate
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$84,293.00 Average Household Income
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Neighbourhoods

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Information

history

With a population of 139,284 and an area of 122.30km2, Coquitlam is the sixth largest city in British Columbia by population (Statistics Canada, 2016 Census of Population). Prior to European settlement, Coast Salish people from the Kwikwetlem First Nation were the first to live in Coquitlam region. The name Coquitlam was derived from a Coast Salish word "Kwikwetlem" meaning "red fish up the river" to acknowledge the importance of salmon to their culture. Coquitlam began as a "place-in-between" with the construction of North Road back in mid-1800s, and in 1891, the District of Coquitlam was incorporated. Following World War II, there has been a substantial growth in population in Lower Mainland, including Coquitlam and that continues up to now. When the city celebrated its Centennial in 1991, the District applied for city status and became the City of Coquitlam on June 18,1992.

lifestyle

The vibrant city of Coquitlam is centrally located at Metro Vancouver. Major transportation routes and public transportation made it easily accessible to the nearby cities and municipalities. It open the doors to nature and unlimited choice of cultural and leisure activities. You can stroll through gardens, pay a visit to the museums around the city, watch theatre productions or an sport event or do some outdoor activities that interest you. If your opt to a more suburban trip, Coquitlam also offers various shopping, dining and entertainment activities to its residents and tourists.

culture

Coquitlam's community has a wide and diverse range of cultures due to its diverse population. The City's resident were approximately 42% immigrants, significantly Chinese, Korean, Persian and French people. In recognition of the contribution of culture to the city's identity and economic development, Coquitlam was designated as the Cultural Capital of Canada in 2009 by the Department of Canadian Heritage. The City of Coquitlam became a popular destination with over 100 festivals and events all year-round, and that keeps the city busy in any season. Cultural sites and centres like Evergreen Cultural Centre, Place Maillardville, Mackin House, and Place des Arts to name a few represent the rich history of the City of Coquitlam. The city also offers relaxation with a mix of fresh, west coast food. Coquitlam have numerous restaurants and wineries to choose from plus you might want to sink into natural hot springs located in the area.

zoning

Coquitlam is a thriving suburb noted for its parks and trails. Maillardville and Fraser River housed the industrial sector of the city to give way to the large residential areas of Austin Heights. Recreational centre is at the Poirier Street area while City Hall was previously located further south in Maillardville.

climate

Coquitlam enjoys an oceanic climate like much of Metro Vancouver. They experience mild temperatures with sufficient precipitation. Summers are warm and dry while winters are usually wet/cool. However, due to Coquitlam's proximity to the mountain slopes, precipitation is especially heavy unlike other cities in the area. A process called Orographic Precipitation cause massive annual average precipitation of 1,969mm that the city experience every year.

education

The School District No. 43 is BC's third largest school district. It administered dozens of elementary schools, 7 middle schools and 4 public secondary schools. Douglas College is one of the largest educational institutions in BC and Douglas College’s David Lam Campus is located at the very own City of Coquitlam. It provides programs related to Business, Nursing and Child, Family and Community studies. Two major universities located in nearby municipalities are Simon Fraser University and the University of British Columbia, it offers programs that also serves Coquitlam residents.

health care

Eagle Ridge Hospital on Coquitlam City/Port Moody boundary is operated by the Fraser Health Authority (FHA). It opened in 1984 and offers residents wide range of health care services like 24-hour emergency department, ambulatory, long-term care and acute care programs. It is considered to be the Centre of Excellence for elective surgery for urology, gynaecology, plastics and orthopedics. The Royal Columbian Hospital in New Westminster, just south of Coquitlam also serves the city's residents together with many other privately owned health care clinics around the area.

transportation

Coquitlam offers direct access to major transportation networks. Four SkyTrain stations on the Millinnium Line is located in the City of Coquitlam. Numerous bus lines runs throughout the city and connecting it to other municipalities in Metro Vancouver whereas the major exchange is at Coquitlam Central Station. The West Coast Express, a commuter railway serving the Lower Mainland region of BC has a stop at Coquitlam Central Station. It only operates on Monday through Friday (excluding holidays). Trans-Canada Highway, Lougheed Highway and Barnet Highway provide motorists free access to nearby cities and municipalities like Burnaby, Vancouver, Port Coquitlam, and Port Moody. Residents can also use bicycle to explore the city using Coquitlam's approximately 60km bike routes.

economy

Being the home of Kwikwitlem First Nation as well as large Chinese, Korean and Iranian communities, Coquitlam viewed to be a welcoming multicultural community. This diversity extends to the City's business community which includes major destination stores and businesses that serve all of Metro Vancouver. The City of Coquitlam, Art in Motion and Hard Rock Casino are among the largest employers within Coquitlam with approximately 600-800 employees. Other companies includes Coca-Cola, Sony, and the Marine Propulsion division of Rolls-Royce. Retail businesses also provide jobs within the city (8,765 jobs in 2007) It is mostly concentrated around Coquitlam Town Centre area and Austin Heights. Retailers such as IKEA and The Home Depot are among the retail business around the Coquitlam.

employment

The city's employment rate reached 61.2% on 2016 Census, while Coquitlam's average household income is $84,293, 7.8% higher compare to $78,227 of BC based on CensusPlus, 2011.

recreation

Coquitlam is the perfect destination for an urban adventure. With more than 70 parks and nature areas and an impressive selection of trails and paths, outdoor enthusiasts will be eager to do hiking, biking, running as well as fishing. Riverview forest, Minnekhada or Colony Farm Regional Park is the ideal place for bird watching and experience wildlife. For a "walk in the park" experience, you can go to Mundy Park and see its two scenic lakes while walking in a well-develop system of walking trails. Full-on wilderness such as camping, canoeing, fishing and hiking can be experienced in Pinecone Burke Provincial Park. The city's Coquitlam River and Widgeon Slough will satisifed kayakers, while mountain bikers can test their mettle on the trails of Eagle Mountain. Como Lake Park and Blue Mountain Park is an excellent spot for family picnics and activities.

sports

Impressive selection of sports facilities and recreational centres are located within the City. It includes high-quality community centres, pools, libraries, sports arena and recreational fields. The city also operates the Poirier Sports and Leisure Complex, the most recent investment of the City is its $50-milion upgrade that aim to expand network of civic facilities for recreation. Planet Ice, a privately owned ice skating arena features four additional ice rinks within the city. The city is the home of Coquitlam Adanacs of the Western Lacrosse Association and the Coquitlam Express Junior “A” hockey team.

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