New Westminster Condo Market Report – August 2025

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.

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56
Units Sold
$647,614
Avg Sold Price
39d
Avg Days on Market
Buyer's Market
Market Condition
3,515 active at start of month 124 new listings Absorption rate: 1.6% Highest sold: $1,447,000 Lowest sold: $357,500

How Does August 2025 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2025 (this report) 56 $647,614 39d
July 2025 month prior 64 -12.5% $589,708 +9.8% 42d -7.1%
August 2024 year ago 56 +0% $648,930 -0.2%

3-Year Price Trend — New Westminster Condo

The New Westminster condo real estate market was a Buyer's Market in August 2025, with 3,515 active listings at the start of the month, 56 properties sold, an average sold price of $647,614, properties averaging 39 days on market, an absorption rate of 1.6%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your New Westminster specialist
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Frequently Asked Questions — New Westminster August 2025

In August 2025, the New Westminster condo real estate market is classified as a Buyer's Market with an absorption rate of 1.6%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   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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