April Market Update for New Westminster
Below is the price comparison for New Westminster Houses and Condos for April 2022. View sales ratio average, most active price band, sellers and buyer’s best bet homes, neighbourhood and properties.
Market Summary DETACHED
- Market Type Indicator NEW WESTMINSTER DETACHED: Sellers Market at 30% Sales Ratio average (3 in 10 homes selling rate)
- Homes are selling on average 5% below list price
- Most Active Price Band**$1.75 mil to $2 mil with average 36% Sales Ratio (Sellers market)
- Buyers Best Bet**Homes between $2.25 mil to $2.5 mil, Queensborough and minimum 7 bedroom properties
- Sellers BestBet**Selling homes in The Heights and 3 to 4 bedroom properties
- Market Type Indicator NEW WESTMINSTER ATTACHED: Sellers Market at 72% Sales Ratio average (7.2 in 10 homes selling rate)
- Homes are selling on average 7% above listprice
- Most Active Price Band**$400,000 to $500,000 with average 100% Sales Ratio (Sellers market)
- Buyers BestBet**Homes between $1.25 mil to $1.5 mil, Queensborough and 3 bedroom properties
- Sellers BestBet**Selling homes in Quay, Sapperton and up to 1 bedroom properties
**With minimum inventoryof10 in most instances
Market Summary ATTACHED
**With minimum inventory of 10 in most instances
