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New Westminster

Why you'd want to live in New Westminster

New Westminster is the former capital of British Columbia and famous for its heritage buildings, waterfront area, various festivals and Queens Park. The city is located on the north bank of the Fraser River. It’s bordered by Burnaby to the north and west, and Coquitlam to the northeast. Surrey is southwest of New Westminster on the other side of the river, and Vancouver is about 20 km or a half-hour drive to the west. New Westminster is fairly well-served by public transportation. The New Westminster and Columbia Street SkyTrain Stations are close to the waterfront, and in the summer the Q to Q Ferry runs between the Queensborough and Quayside neighbourhoods. New Westminster’s Uptown district is the city’s main “downtown” area. Columbia Street is also a popular commercial area with stores and older heritage buildings. via vancouversbestplaces.com

New Westminster Market Report

$1,087,121

AVERAGE PRICE OF 260 HOMES

$1,745,708

AVERAGE PRICE OF 97 MULTI-MILLION DOLLAR HOMES

$1,080,279

AVERAGE PRICE OF 63 NEWLY BUILT HOMES

$876,622

AVERAGE PRICE OF 27 HOMES WITH A POOL

$877,075

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $1,087,121
Avg Bedrooms 2.54 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $535,776
2 bedrooms $835,695
3 bedrooms $1,162,953
4 bedrooms $1,657,799
5 bedrooms $2,023,200
New Westminster Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 287 293 275 272 281
Average Price $1,089,404 $1,102,147 $1,092,889 $1,128,614 $1,137,889
Avg Price Change -1.17% +0.85% -3.27% -0.82% n/a
Median Price $852,044 $852,975 $806,655 $807,201 $826,962
Med Price Change -0.11% +5.74% -0.07% -2.45% n/a
Avg Bedrooms 2.57 beds 2.61 beds 2.57 beds 2.67 beds 2.68 beds
Avg Bathrooms 2.18 baths 2.19 baths 2.14 baths 2.22 baths 2.24 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 260 $1,087,121 81 days
Multi-Million Dollar Homes 97 $1,745,708 116 days
Newly Built Homes 63 $1,080,279 111 days
Homes with a Pool 27 $876,622 59 days
Reduced Price Homes 8 $877,075 48 days
RE/MAX City Realty
Nav Bhangal
101 2806 Kingsway Ave
Vancouver, BC V5R 5T5
604-349-3000

MIMLS

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