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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

$1,117,771

AVERAGE PRICE OF 216 HOMES

$1,822,598

AVERAGE PRICE OF 84 MULTI-MILLION DOLLAR HOMES

$1,254,876

AVERAGE PRICE OF 49 NEWLY BUILT HOMES

$1,083,968

AVERAGE PRICE OF 19 HOMES WITH A POOL

$692,400

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $1,117,771
Avg Bedrooms 2.68 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $513,078
2 bedrooms $727,244
3 bedrooms $1,131,380
4 bedrooms $1,642,986
5 bedrooms $2,066,239
New Westminster Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 202 195 242 287 293
Average Price $1,124,128 $1,141,822 $1,103,520 $1,089,404 $1,102,147
Avg Price Change -1.57% +3.47% +1.30% -1.17% +0.85%
Median Price $842,088 $891,151 $870,943 $852,044 $852,975
Med Price Change -5.83% +2.32% +2.22% -0.11% +5.74%
Avg Bedrooms 2.61 beds 2.65 beds 2.56 beds 2.57 beds 2.61 beds
Avg Bathrooms 2.15 baths 2.19 baths 2.15 baths 2.18 baths 2.19 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 216 $1,117,771 84 days
Multi-Million Dollar Homes 84 $1,822,598 124 days
Newly Built Homes 49 $1,254,876 158 days
Homes with a Pool 19 $1,083,968 67 days
Reduced Price Homes 2 $692,400 41 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

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