November Market Update for New Westminster
Below is the price comparison for New Westminster Houses and Condos for November 2021. View sales ratio average, most active price band, sellers and buyer’s best bet homes, neighbourhoods and properties.
Market Summary DETACHED
- Market Type Indicator NEW WESTMINSTER DETACHED: Sellers Market at 41% Sales Ratio average (4.1 in 10 homes selling rate)
- Homes are selling on average 7% above list price
- Most Active Price Band**$1.25 mil to $1.5 mil with average 41% Sales Ratio (Sellers market)
- Buyers BestBet**Homes between $1.75 mil to $2 mil, Queensborough, The Heights and up to 2 bedroom properties
- Sellers BestBet**Selling homes in Sapperton and 3 to 4 bedroom properties
**With minimum inventory of 10 in most instances
Market Summary ATTACHED
- Market Type Indicator NEW WESTMINSTER ATTACHED: Sellers Market at 81% Sales Ratio average (8.1 in 10 homes selling rate)
- Homes are selling on average 1% above list price Most Active Price Band**$400,000 to $500,000 with average >100% Sales Ratio (Sellers market) Buyers BestBet**Homes between $900,000 to $1 mil, Downtown and 2 to 3 bedroom properties
- Sellers BestBet**Selling homes in Quay, Queensborough, Uptown and up to 1 bedroom properties
**With minimum inventory of 10 in most instances
