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New Westminster

Why you'd want to live in New Westminster

New Westminster is a growing community, with new buildings and high rises going up and more people moving into the city. Because of the investment in the area, there are new restaurants, bars, recreation and entertainment options, and better transit in the area. Over the years, New Westminster has grown and developed into a prime location to live and work. Many young families who have been priced out of the Vancouver housing market have come to New West, creating a young, vibrant, community feeling. As mentioned, a lot of young families have moved to New Westminster and it is a very family-friendly city. There are a number of parks and playground facilities, including Queens Park in Uptown New West, Hume Park near Sapperton neighbourhood, or Pier Park in downtown. New West has great recreation facilities at the Centennial Community Centre, Canada Games Pool, Queen’s Park Sports Complex, and Anvil Center. There are a lot of community team sports and activities for children, youth, and adults alike. via newcanadianlife.com

New Westminster Market Report

$1,191,395

AVERAGE PRICE OF 426 HOMES

$2,007,557

AVERAGE PRICE OF 160 MULTI-MILLION DOLLAR HOMES

$1,378,527

AVERAGE PRICE OF 51 NEWLY BUILT HOMES

$954,299

AVERAGE PRICE OF 33 HOMES WITH A POOL

$723,160

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $1,191,395
Avg Bedrooms 2.68 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $583,146
2 bedrooms $780,578
3 bedrooms $1,385,960
4 bedrooms $2,213,327
5 bedrooms $2,373,941
New Westminster Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 409 403 362 309 249
Average Price $1,196,270 $1,184,759 $1,198,462 $1,156,971 $1,101,522
Avg Price Change +0.97% -1.16% +3.59% +5.03% -3.02%
Median Price $838,442 $822,967 $869,100 $880,527 $857,921
Med Price Change +1.88% -5.61% -1.31% +2.63% -2.85%
Avg Bedrooms 2.67 beds 2.65 beds 2.64 beds 2.64 beds 2.6 beds
Avg Bathrooms 2.16 baths 2.13 baths 2.1 baths 2.16 baths 2.18 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 426 $1,191,395 54 days
Multi-Million Dollar Homes 160 $2,007,557 75 days
Newly Built Homes 51 $1,378,527 68 days
Homes with a Pool 33 $954,299 48 days
Reduced Price Homes 5 $723,160 38 days
eXp Realty
Sam Ajgaonkar
202-15388 24 Avenue
Surrey, BC V4A2J2
778-228-4466

MIMLS

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