June Market Update for Metro Vancouver
Download the PDF for a price analysis for Metro Vancouver in June 2020. It includes detailed information on detached homes, attached condos and townhomes. Contact me if you have any questions!
June Market Update for New Westminster
Below is the price analysis for June 2020. It includes detailed information on detached homes, attached condos and townhomes. Check out the current market trends in New Westminster!
Market SummaryDETACHED
- Market Type Indicator NEW WESTMINSTER DETACHED: Balanced Market at 17% Sales Ratio average (1.7 in 10 homes selling rate)
- Homes are selling on average 3% below list price
- Most Active Price Band** $1 mil to $1.25 mil with average 26% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Queensborough and minimum 7 bedroom properties
- Sellers Best Bet** Selling homes in Connaught Heights, West End and 3 to 4 bedroom properties
**With minimum inventory of 10 in most instances
Market SummaryATTACHED
- Market Type Indicator NEW WEST MINSTER ATTACHED: Sellers Market at 25% Sales Ratio average (2.5 in 10 homes selling rate)
- Homes are selling on average 2% below list price
- Most Active Price Band** $300,000 to $400,000 with average 55% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $800,000 to $900,000, Fraserview, Quay, Sapperton, Uptown and minim um 3 bedroom s
- Sellers Best Bet** Selling homes in Downtown, GlenBrooke North and up to 1 bedrooms
**With minimum inventory of 10 in most instances
Data sourced from SnapStats Publishing.
