New Westminster Condo Market Report – August 2021

New Westminster is an active condo market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for New Westminster based on MLS® data.

← July 2021 Next month →
103
Units Sold
$568,412
Avg Sold Price
22d
Avg Days on Market
Balanced Market
Market Condition
829 active at start of month 128 new listings Absorption rate: 12.4% Highest sold: $1,545,000 Lowest sold: $280,000

How Does August 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2021 (this report) 103 $568,412 22d
July 2021 month prior 101 +2% $558,644 +1.7% 22d +0%

3-Year Price Trend — New Westminster Condo

The New Westminster condo real estate market was a Balanced Market in August 2021, with 829 active listings at the start of the month, 103 properties sold, an average sold price of $568,412, properties averaging 22 days on market, an absorption rate of 12.4%. All data is sourced from MLS® sold records.

Recently Sold in New Westminster

55 Tenth Street
Sold $345,000
1 bd • 1 ba • Apartment
82 First Street
Sold $365,000
1 bd • 1 ba • Apartment
988 Quayside Drive
Sold $500,000
2 bd • 1 ba • Apartment
265 Ross Drive
Sold $681,000
2 bd • 2 ba • Apartment
39 Sixth Street
Sold $485,000
1 bd • 1 ba • Apartment
240 Sherbrooke Street
Sold $558,100
2 bd • 2 ba • Apartment

Active Listings in New Westminster

14 Begbie Street
$598,000
2 bd • 2 ba • Apartment
610 Victoria Street
$439,000
1 bd • 1 ba • Apartment
515 Eleventh Street
$332,000
0 bd • 1 ba • Apartment
315 Knox Street
$619,000
2 bd • 2 ba • Apartment
1245 Quayside Drive
$929,000
3 bd • 3 ba • Apartment
988 Quayside Drive
$599,900
2 bd • 1 ba • Apartment

Top Buildings in New Westminster

Pier West
364 units
Pier West (Tower I - West Tower)
364 units
The Grove
337 units
The Grove
336 units
Riviera
307 units
The Riviera
307 units
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your New Westminster specialist
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Related: New Westminster Condo Archive → Live Market Stats → All BC Reports →

Frequently Asked Questions — New Westminster August 2021

In August 2021, the New Westminster condo real estate market is classified as a Balanced Market with an absorption rate of 12.4%. The market in New Westminster is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 10/16/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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