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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

$1,096,095

AVERAGE PRICE OF 269 HOMES

$1,720,684

AVERAGE PRICE OF 106 MULTI-MILLION DOLLAR HOMES

$1,106,684

AVERAGE PRICE OF 51 NEWLY BUILT HOMES

$1,086,569

AVERAGE PRICE OF 27 HOMES WITH A POOL

$883,942

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $1,096,095
Avg Bedrooms 2.59 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $544,969
2 bedrooms $788,052
3 bedrooms $1,234,577
4 bedrooms $1,784,045
5 bedrooms $2,068,165
New Westminster Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 221 266 285 288 286
Average Price $1,134,762 $1,094,154 $1,091,461 $1,083,650 $1,112,964
Avg Price Change +3.71% +0.25% +0.72% -2.71% -0.34%
Median Price $882,333 $806,459 $821,537 $835,439 $879,606
Med Price Change +9.41% -1.87% -1.69% -5.29% -1.26%
Avg Bedrooms 2.66 beds 2.51 beds 2.57 beds 2.6 beds 2.67 beds
Avg Bathrooms 2.24 baths 2.1 baths 2.1 baths 2.1 baths 2.14 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 269 $1,096,095 56 days
Multi-Million Dollar Homes 106 $1,720,684 75 days
Newly Built Homes 51 $1,106,684 54 days
Homes with a Pool 27 $1,086,569 41 days
Reduced Price Homes 7 $883,942 28 days
Adam Jauhari P.R.E.C. - RE/MAX LifeStyles Realty
C100 - 20178 96 Ave
Langley, BC V1M0B2
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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