Tri-Cities Real Estate Market Update
– September 2025 The fall market has arrived, and while activity remains quieter than usual, there are some encouraging signs for both buyers and sellers across the Tri-Cities.According to the Greater Vancouver REALTORS® (GVR) September 2025 report, easing interest rates and moderate price adjustments are helping bring more balance to the market.
Sales Edge Higher, But Buyers Still Hold the Cards
Across Metro Vancouver, home sales totaled 1,875 in September, a 1.2% increase compared to the same month last year.However, activity remains 30% below the 10-year seasonal average. With inventory levels still high, buyers continue to have plenty of choice and negotiating room.In the Tri-Cities, pricing and presentation continue to make all the difference.
Homes that come to market in move-in-ready condition and are priced strategically are still generating strong interest, while listings that start too high tend to sit for several weeks with limited showings.
Current Benchmark Prices – September 2025
Here’s where benchmark home prices landed in September:Port Moody
- Detached: $2,080,500
- Condo: $711,100
- Overall: $1,074,700
Coquitlam
- Detached: $1,720,000
- Condo: $691,600
- Overall: $1,062,300
Port Coquitlam
- Detached: $1,361,800
- Condo: $605,200
- Overall: $944,400
The sales-to-active listings ratio across the Tri-Cities sits around 11–13%, keeping the market firmly in balanced-to-soft buyers’ territory.
What Buyers Need to Know
For buyers, September has brought a welcome window of opportunity.Rate cuts from the Bank of Canada have slightly improved affordability, and with more inventory available than we’ve seen in years, there’s more time to shop carefully.Homes that are updated, well-maintained, and located in family-friendly neighbourhoods like College Park, Heritage Mountain, and Riverwood continue to attract the most attention.
Detached homes priced under the $1.5M range remain the most active segment.
Advice for Sellers: Pricing and Timing Are Key
Sellers should approach the fall market with realistic expectations.While buyer activity has picked up slightly, homes that start above market value are still struggling to gain traction.To stand out:
- Keep presentation top of mind — declutter and freshen up your space before listing.
- Invest in professional photography and a strong online presence.
- Consider a pre-listing inspection to handle small repairs early.
Pricing right from the start will help your listing stay competitive and generate genuine interest.
Market Outlook for Late 2025
While September didn’t bring a major surge in activity, we’re entering a more stable and predictable phase of the market.If rate cuts continue and consumer confidence improves, we could see stronger momentum through the fall and early winter.For now, the key to success is strategy, pricing correctly, preparing your home properly, and staying informed on shifting trends.
Final Thoughts
The Tri-Cities real estate market in September 2025 remains balanced but cautious. Buyers: You have more selection and negotiating power, making this a great time to explore your options.Sellers: Focus on price and presentation, these two factors make all the difference in today’s slower market.If you’re thinking about making a move this fall or want an accurate picture of your home’s current value, we’d love to help with honest advice and local expertise.
Jayne Edwards & Meghan Shaw
Shaw Edwards Realty Group
www.shawedwards.com
Helping families move confidently in Port Moody, Coquitlam, and Port Coquitlam.