Real Estate Market Update | Nov 2017

Data sourced from SnapStats Publishing.

November Market Update

This is the price analysis for the month of November 2017. It includes detailed information on detached homes, attached condos and townhomes. Take a look at the current market trends!

New Westminster

Market Summary

DETACHED
  • Official Market Type NEW WESTMINSTER DETACHED: Sellers market at 32% Sales Ratio average (3.2 in 10 homes selling rate)
  • Homes are selling on average at list price
  • Most Active Price Band**$1 mil to $1.25 mil with average 100% Sales Ratio (Sellers market)
  • Buyers Best Bet**Homes between $900,000 to $1 mil, GlenBrooke North and minimum 7 bedroom properties
  • Sellers Best Bet**Homes in The Heights and 3 to 4 bedroom properties

Market Summary

ATTACHED
  • Official Market Type NEW WESTMINSTER ATTACHED:Sellers market at > 100% Sales Ratio average (10 in 10 homes selling rate)
  • Homes are selling on average at list price
  • Most Active Price Band**$300,000 to $700,000 with average > 100% Sales Ratio (Sellers market)
  • Buyers Best Bet**Homes between $700,000 to $800,000, Fraserview, Queensborough and 3 bedroom properties
  • Sellers BestBet**Homes in Downtown, Quay, Uptown and up to 2 bedroom properties

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