Real Estate Market Update | June 2018

Data sourced from SnapStats Publishing.

June Market Update for New Westminster

Below is the price analysis for June 2018. It includes detailed information on detached homes, attached condos and townhomes. Check out the current market trends in New Westminster!

Market Summary

DETACHED
  • Sellers Markot at 25% Sales Ratio average (2.5 in 10 homes selling rate)
  • Homes are selling on average 1% below list price
  • Most Active Price Band** $900,000 to $1 mil with average 30% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $1.75 mil to $2.25 mil, The Heights, West End and 5 to 6 bedroom properties
  • Sellers Best Bet** Selling homes in GlenBrooke North, Queens Park and 3 to 4 bedroom properties
With a minimum inventory of 10 in most instances
New West Market Update 2018

Market Summary

ATTACHED
  • Sellers Market at 54% Sales Ratio average (5.4 in 10 homes selling rate)
  • Homes are selling on average 2% above list price
  • Most Active Price Band** $300,000 to $400,000 with average >100% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $800,000 to $900,000, Queensborough and 3 bedroom properties
  • Sellers Best Bet* Selling homes in Downtown, Sapperton and up to 1 bedroom properties
With a minimum inventory of 10 in most instances
New West Market Update 2018

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