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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

$1,073,438

AVERAGE PRICE OF 286 HOMES

$1,723,051

AVERAGE PRICE OF 106 MULTI-MILLION DOLLAR HOMES

$1,090,368

AVERAGE PRICE OF 64 NEWLY BUILT HOMES

$861,760

AVERAGE PRICE OF 30 HOMES WITH A POOL

$783,928

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $1,073,438
Avg Bedrooms 2.53 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $533,483
2 bedrooms $831,441
3 bedrooms $1,165,129
4 bedrooms $1,579,880
5 bedrooms $2,050,244
New Westminster Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 293 275 272 281 n/a
Average Price $1,102,147 $1,092,889 $1,128,614 $1,137,889 n/a
Avg Price Change +0.85% -3.27% -0.82% n/a n/a
Median Price $852,975 $806,655 $807,201 $826,962 n/a
Med Price Change +5.74% -0.07% -2.45% n/a n/a
Avg Bedrooms 2.61 beds 2.57 beds 2.67 beds 2.68 beds n/a
Avg Bathrooms 2.19 baths 2.14 baths 2.22 baths 2.24 baths n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 286 $1,073,438 73 days
Multi-Million Dollar Homes 106 $1,723,051 104 days
Newly Built Homes 64 $1,090,368 105 days
Homes with a Pool 30 $861,760 50 days
Reduced Price Homes 7 $783,928 39 days
Adam Jauhari P.R.E.C. - RE/MAX Little Oak Realty
120 - 9220 Glover Road. P.O.Box 863
Langley, BC V1M2S2
604-613-7950

MIMLS

The data relating to real estate on this website comes in part from the mls reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the mls reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver.

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