New Westminster
New Westminster Housing Market Report
All types - for the month of March
Buyer's market Seller's market
MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.
DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.
Total Active Listings*
- active
New
-
Relisted
-
Compared to number of active, same period, in 2024: -, in 2023: -, in 2022: -
Total Sold Listings*
- sold
Median Sold Price
-
Avg Days on Market
- days
Median Bidding
-
Compared to number of sold, same period, in 2024: -, in 2023: -, in 2022: -
*Data is for the month of March
Median Sold Price vs Average Days and Average Total Days on Market - New Westminster - All types
Sold vs Active vs New vs Relisted - New Westminster - All types
Sold Price Distribution - New Westminster - All types
Sold price distribution per the last 3 months's sold listings.
Property Type Distribution - New Westminster - All types
Property type distribution based on data from the last 3 months.
Median Price - New Westminster - All types
Just listed - New Westminster
View all
Population and Demographics
Overview
Total population 74262
Average household income $120,795
Age (%)
20 to 34
24%
35 to 49
23%
50 to 64
21%
0 to 19
16%
65 and plus
16%
Household composition (%)
Single family
54%
Single person
39%
Multi person
6%
Multi family
1%
Mother tongue (%)
English
66%
Tagalog (Pilipino, Filipino)
5%
Mandarin
5%
Yue (Cantonese)
4%
Punjabi (Panjabi)
4%
Others
3%
Spanish
3%
Korean
2%
Portuguese
2%
Russian
1%
House tenancy (%)
Owners
53%
Renters
47%
Top 5 Schools in New Westminster
Urban Academy Junior466 Rousseau St, V3L 2P9, New Westminster, BC
8.9/10
Private•K-7
Herbert Spencer Elementary605 Second St, V3L 5R9, New Westminster, BC
7.2/10
Public•K-7
École Qayqayt Elementary85 Merivale St, V3L 0G2, New Westminster, BC
7/10
Public•K-7
Skwo:Wech331 Richmond St, New Westminster, BC
6.9/10
Public•K-7
Connaught Heights Elementary2201 London St, V3M 3G1, New Westminster, BC
6.3/10
Public•K-7