Data sourced from SnapStats Publishing.
March Market Update for New Westminster
Below is the price analysis for March 2019. It includes detailed information on detached homes, attached condos and townhomes. Check out the current market trends in New Westminster!
Market Summary
DETACHED- Buyers Market at 10% Sales Ratio average (1 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 17% Sales Ratio (Balanced market)
- Buyers Best Bet** Homes between $1.25 mil to $1.5 mil and 3 to 4 bedroom properties
- Sellers Best Bet** Selling homes with 5 to 6 bedroom properties
Market Summary
ATTACHED- Sellers Market at 22% Sales Ratio average (2.2 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 38% 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 GlenBrooke North up to 1 bedroom properties
