September Market Update for New Westminster
Below is the price comparison for New Westminster Houses and Condos for September 2021. View sales ratio average, most active price band, sellers and buyer’s best bet homes, neighbourhoods and properties.
Market Summary DETACHED
- MarketType Indicator NEW WESTMINSTER DETACHED:Balanced Market at 18% Sales Ratio average (1.8 in 10 homes selling rate)
- Homes are selling on average 4% above list price
- Most Active Price Band**$1.25 mil to $1.5 mil with average 33% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1.75 mil to $2 mil,Sapperton and up to 2 bedroom properties
- Sellers Best Bet** Selling homes in The Heights 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 44% Sales Ratio average (4.4 in 10 homes selling rate)
- Homes are selling on average 100% of list price
- Most Active Price Band** $500,000 to $600,000 with average 67% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1.25 mil to $1.5 mil,GlenBrooke North,Quayand minimum 4 bedroom properties
- Sellers Best Bet** Selling homes in Queensborough,Sapperton and up to 1 bedroom properties
**With minimum inventory of 10 in most instances
Data sourced from SnapStats Publishing.
