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New Westminster

Why you'd want to live in New Westminster

New Westminster (colloquially known as New West) is a city in the Lower Mainland and a member municipality of the Metro Vancouver Regional District. It was founded by Major-General Richard Moody as the capital of the new-born Colony of British Columbia in 1858, and continued in that role until the Mainland and Island Colonies were merged in 1866. It was the British Columbia Mainland's largest city from that year until it was passed in population by Vancouver during the first decade of the 20th century. It is located on the banks of the Fraser River as it turns southwest towards its estuary, on the southwest side of the Burrard Peninsula and roughly at the centre of the Greater Vancouver region. via Wikipedia

New Westminster Market Report

$1,116,172

AVERAGE PRICE OF 639 HOMES

$1,885,215

AVERAGE PRICE OF 230 MULTI-MILLION DOLLAR HOMES

$1,113,610

AVERAGE PRICE OF 108 NEWLY BUILT HOMES

$784,293

AVERAGE PRICE OF 49 HOMES WITH A POOL

$858,946

AVERAGE PRICE OF 32 REDUCED PRICE HOMES

Average Home

Average Price $1,116,172
Avg Bedrooms 2.57 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $536,792
2 bedrooms $808,756
3 bedrooms $1,215,333
4 bedrooms $1,692,085
5 bedrooms $1,968,438
New Westminster Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 590 546 488 442 n/a
Average Price $1,112,038 $1,128,775 $1,151,483 $1,175,697 n/a
Avg Price Change -1.51% -2.01% -2.10% n/a n/a
Median Price $828,074 $858,365 $855,867 $870,675 n/a
Med Price Change -3.66% +0.29% -1.73% n/a n/a
Avg Bedrooms 2.55 beds 2.49 beds 2.44 beds 2.46 beds n/a
Avg Bathrooms 2.14 baths 2.11 baths 2.07 baths 2.05 baths n/a
Total Homes Average Price Avg Days on Site
All Homes 639 $1,116,172 53 days
Multi-Million Dollar Homes 230 $1,885,215 61 days
Newly Built Homes 108 $1,113,610 69 days
Homes with a Pool 49 $784,293 44 days
Reduced Price Homes 32 $858,946 53 days
Adam Jauhari P.R.E.C. - RE/MAX LifeStyles Realty
C100 - 20178 96 Ave
Langley, BC V1M0B2
604-613-7950

MIMLS

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