October Market Update for New Westminster
Below is the price comparison for New Westminster Houses and Condos for October 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 50% Sales Ratio average (5 in 10 homes selling rate)
- Homes are selling on average 100% of list price
- Most Active Price Band**$1.25 mil to $1.5 mil with average 81% Sales Ratio (Sellers market)
- Buyers BestBet**Homes between $1 mil to $1.25 mil,The Heights and up to 2 bedroom properties
- Sellers BestBet**Selling homes in Queensborough 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 59% Sales Ratio average (5.9 in 10 homes selling rate)
- Hom es are selling on average 1% below list price
- Most Active Price Band**$300,000 to $400,000 with average & gt;100% Sales Ratio (Sellers market)
- Buyers BestBet**Homes between $1 mil to $1.25 mil, Downtown ,Quayand 3 bedroom properties
- Sellers BestBet**Selling homes in GlenBrooke North, Sapperton and up to 1 bedroom properties
**With minimum inventory of 10 in most instances
