New Westminster Market Report
$1,111,294
AVERAGE PRICE OF 215 HOMES$1,818,557
AVERAGE PRICE OF 83 MULTI-MILLION DOLLAR HOMES$1,246,251
AVERAGE PRICE OF 48 NEWLY BUILT HOMES$1,085,284
AVERAGE PRICE OF 19 HOMES WITH A POOL$973,633
AVERAGE PRICE OF 3 REDUCED PRICE HOMESAverage Home
| Average Price | $1,111,294 |
| Avg Bedrooms | 2.63 beds |
| Avg Bathrooms | 2.15 baths |
Average Price by Bedrooms
| 1 bedroom | $507,416 |
| 2 bedrooms | $741,685 |
| 3 bedrooms | $1,131,912 |
| 4 bedrooms | $1,696,753 |
| 5 bedrooms | $2,087,153 |
New Westminster Home Price Trends
| 2/2023 | 1/2023 | 12/2022 | 11/2022 | 10/2022 | |
|---|---|---|---|---|---|
| Total Listings | 202 | 195 | 242 | 287 | 293 |
| Average Price | $1,124,128 | $1,141,822 | $1,103,520 | $1,089,404 | $1,102,147 |
| Avg Price Change | -1.57% | +3.47% | +1.30% | -1.17% | +0.85% |
| Median Price | $842,088 | $891,151 | $870,943 | $852,044 | $852,975 |
| Med Price Change | -5.83% | +2.32% | +2.22% | -0.11% | +5.74% |
| Avg Bedrooms | 2.61 beds | 2.65 beds | 2.56 beds | 2.57 beds | 2.61 beds |
| Avg Bathrooms | 2.15 baths | 2.19 baths | 2.15 baths | 2.18 baths | 2.19 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 215 | $1,111,294 | 84 days |
| Multi-Million Dollar Homes | 83 | $1,818,557 | 125 days |
| Newly Built Homes | 48 | $1,246,251 | 160 days |
| Homes with a Pool | 19 | $1,085,284 | 66 days |
| Reduced Price Homes | 3 | $973,633 | 57 days |
